DeFi Daily News
Monday, June 2, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

rewrite this title and make it good for SEO Bitcoin Faces Key Resistance at $98,400 Amid Market Optimism

NFTevening by NFTevening
January 3, 2025
in NFT
0 0
0
rewrite this title and make it good for SEO Bitcoin Faces Key Resistance at ,400 Amid Market Optimism
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

Bitcoin Ascends Towards Resistance Level of $100,000

Friday’s Bitcoin surge saw it momentarily cross the $97,000 mark. Over the past two weeks, Bitcoin is gradually approaching the crucial $100,000 resistance level, which has proved difficult to breach. Bitcoin was trading at $96,777, a 1.5% rise at 11:49 a.m IST. Its intraday high, at $97,739, indicated great momentum.

Source: CoinMarketCap

Altcoins and Ethereum Also Gain

Rising by 1.6% to trade at $3,452 Ethereum matched the rising trend of Bitcoin. Other main altcoins also showed notable increase. XRP grew by 3.6%; Solana gained 2.7%; Cardano jumped by an amazing 11.5%; Stellar rose by 9%. These price swings helped the worldwide crypto market capitalization to rise generally 1.5% to $3.41 trillion.

Investor attitude has changed favorably according to the Fear-Greed Index. The near $97,000 trading level of Bitcoin reflects this increasing hope. Edul Patel, CEO of Mudrex, claims that while support for Bitcoin at $95,000 exists, it is now immediately opposed at $98,400. Finding the future direction of bitcoin will depend critically on this range.

Altcoins and Ethereum Also Gain

Source: CoinMarketCap

BuyUcoin CEO Shivam Thakral underlined the institutional interest in Bitcoin’s recent rise. He noted the approaching major milestone of U.S. spot Bitcoin ETFs’ increasing popularity. These ETFs just have $2.2 billion left to reach $110 billion in cumulative value. With over 5.7% of Bitcoin’s total supply represented here, this statistic highlights the growing institutional investor confidence.

The trading activity on the market still revolves mostly on stablecoins. Comprising 92% of the 24-hour volume of cryptocurrencies, the total volume of stablecoins in the past 24 hours came at $108.1 billion. This trend emphasizes how dependent on stablecoins liquidity across the market is.

Bitcoin’s Dominance and Market Capitalization Get

Over 24 hours, Bitcoin’s market capitalization rose to $1.913 trillion. Rising at 56.22%, the dominance of the cryptocurrency in the market also changed. Activity in trading has been strong; the 24-hour volume of Bitcoin jumped 41.6% to $41.3 billion.

At $100,000, Bitcoin is almost at a critical level that might define its future course. Growing ETF acceptance and institutional curiosity help to inspire investor confidence. Strong performance of altcoins also adds to the general good attitude in the market. Still, the next few days will depend much on resistance levels and market conditions.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BitcoinfacesGoodKeyMarketOptimismResistancerewriteSEOtitle
ShareTweetShare
Previous Post

rewrite this title Why Are We Trying to Make Bitcoin Like Ethereum? (And Why We Should Not)

Next Post

rewrite this title with good SEO Ethereum Price Prediction: Will $ETH Break Above $3,500?

Next Post
rewrite this title with good SEO Ethereum Price Prediction: Will $ETH Break Above ,500?

rewrite this title with good SEO Ethereum Price Prediction: Will $ETH Break Above $3,500?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

May 6, 2025
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
Boeing machinists refuse latest offer, prolonging bruising six-week strike

Boeing machinists refuse latest offer, prolonging bruising six-week strike

October 23, 2024
rewrite this title with good SEO Spar Supermarket In Switzerland Starts Accepting Bitcoin

rewrite this title with good SEO Spar Supermarket In Switzerland Starts Accepting Bitcoin

April 18, 2025
Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

July 24, 2024
I Built The DREAM Office Setup!

I Built The DREAM Office Setup!

November 30, 2024
rewrite this title Sports betting stocks slide after Illinois lawmakers approve tax hike

rewrite this title Sports betting stocks slide after Illinois lawmakers approve tax hike

June 2, 2025
rewrite this title and make it good for SEO 7 Most Profitable Crypto Passive Income Tools: Earn Free BTC with Cloud Mining

rewrite this title and make it good for SEO 7 Most Profitable Crypto Passive Income Tools: Earn Free BTC with Cloud Mining

June 2, 2025
rewrite this title As Bitcoin Price Soars, How Global Crypto Investors Can Earn BTC as Passive Income with QFSCOIN Best Free Cloud Mining

rewrite this title As Bitcoin Price Soars, How Global Crypto Investors Can Earn BTC as Passive Income with QFSCOIN Best Free Cloud Mining

June 2, 2025
rewrite this title Michael Saylor’s Strategy Makes Smallest Bitcoin Buy in 10 Weeks – Decrypt

rewrite this title Michael Saylor’s Strategy Makes Smallest Bitcoin Buy in 10 Weeks – Decrypt

June 2, 2025
rewrite this title Strategy and Metaplanet capitalize on Bitcoin correction with 0M acquisition

rewrite this title Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition

June 2, 2025
You’re Not Bankrupt, You Just Don’t Have A Plan

You’re Not Bankrupt, You Just Don’t Have A Plan

June 2, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.