ATH
Van de Poppe predicts potential for new ATH in the coming weeks as BTC Hits $105K
Published
3 weeks agoon
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Crypto analyst Michaël van de Poppe said that there is a high chance Bitcoin will hit a new all-time high in the coming weeks.
In a recent post on X, Michaël van de Poppe celebrated Bitcoin’s surge to $105,000 on Jan. 30. According to CoinGecko, Bitcoin (BTC) opened at $103,719 on this day and is now trading at $105,137. Expressing optimism, van de Poppe suggested that a new all-time high could be on the horizon in the coming weeks.
#Bitcoin at $105,000 is a great morning.
Likely chance that we’ll see a new all-time high in the coming weeks.
— Michaël van de Poppe (@CryptoMichNL) January 30, 2025
This followed his earlier X post where he noted that Bitcoin had reached $104K after the FOMC meeting and projected that if it broke above $105K, a new ATH high in Feb. would be likely. The FOMC meeting, which was held on Jan. 29, concluded with the decision of maintaining the federal funds rate within the target range of 4.25% to 4.50%. This decision follows three consecutive rate cuts in the latter part of 2024.
Bitcoin’s surge past $105K erased the losses from the DeepSeek dip and reignited bullish sentiment among analysts. Michaël van de Poppe isn’t the only one who expressed his optimism. Pentoshi also pointed out Bitcoin’s resilience in the face of the broader market weakness. Sharing his thoughts with his 749,200 followers on X, he noted that BTC is holding above the middle of its current range, which has now turned into support. Given this resilience, he sees no reason why new highs shouldn’t be expected soon.
$BTC held up well with all the turmoil, while the rest of the market had weakness.
Don’t see any reason we don’t get new highs soon on this at the very least
Also above the middle of the current range and acting as support pic.twitter.com/ShccyOLe1F
—
Pentoshi (@Pentosh1) January 30, 2025
Bitcoin’s ATH currently stands at $108,786, a record set on January 20.
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ATH
Tron has surged 95% in a day and hit a new all-time high
Published
3 months agoon
December 4, 2024By
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Among the highest-ranked cryptocurrencies by market cap, Tron is the only token that performed up to 104% in a day, while Bitcoin suffered to $93,000 earlier today.
Tron (TRX), a cryptocurrency with a surging $36 billion in market capitalization, has seen a massive trading day with $10 billion in trading volume or an increase of almost 500%. The token price also soared by 95%, from $0.21 to $0.43 in a day at the time of writing.
The token released for blockchain-based operating systems has recorded a news all-time high of $0.4, surpassing the June 2018 peak, and the price also skyrocketed to 157% in just one month.
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As a blockchain with smart contract functions, they record high transactions from Tether’s USDT. They also become one of the most prominent blockchains for decentralized finance (DeFi) and transactions.
TRX is the only crypto-token among the top-ranked by market cap, which is performed while the others are facing struggling prices after Bitcoin (BTC) dipped to $93,000. Ethereum (ETH) and Ripple’s XRP (XRP) also decreased by 0.46% and 5.5% in a day of trading, respectively.
Tron price predictions
On Dec. 03, Tron had already passed the $20 billion market cap and now surpassed $36 billion. The target price may increase even further, with recent developments saying it would go up to $1 per TRX. This means that the price will rise 150% from the current price of $0.4.
This target comes with a reason: the company now handled Tether’s USDT transactions with over $196 billion, or even bigger than Visa does. The token circulations are also only 86 billion, while the highest is 11 billion circulated in 2022, which means that there is still room to grow along with the ecosystem.
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