Browsing: Rally

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s (BTC) surge above $77,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

XRP jumped roughly 22% in 24 hours, trading near $1.26 and clearing the level CryptoSlate had flagged in July as the upside target of its breakout setup.

CRO’s 14% move in the last 25 hours is driven by a broad crypto short-squeeze rally, favorable macro and US policy news, specific CRO narrative elements, and a supportive chart setup.

The 3.3 percentage point move in BNB over roughly the last 19 hours is best explained by a broad, liquidity driven crypto rally, where BNB participated as a major large cap, reinforced by strong BNB Chain activity and positive ecosystem narratives.

Avalanche [$AVAX] encountered exchange-side selling pressure after a whale transferred tokens worth $2.4 million into Coinbase.

Add to Google Preferred Sources Cryptocurrency markets face a pivotal session on August 20 after Bitcoin surged past $69,000 and altcoins posted double-digit gains. XRP, Solana, and Dogecoin each climbed roughly 13% on August 19 before pulling back, with all three now flashing overbought RSI readings above 79. Key levels to watch include XRP’s $1.08…

Earlier this week, Bitcoinbrokedecisively out of a six-week trading range, surging above $71,000 and briefly moving beyond $72,000.

Galaxy Digital Inc. (GLXY) is up 6.3% today. Here is some analysis on what might have caused this price movement.

$BTC broke above $70,000 after a fast recovery on August 20, with experienced trader Sykodelic putting $67,000 as the mark that bulls need to defend.

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation…