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Cryptorally

All articles tagged with #cryptorally

cryptocurrency1 year ago•3 min saved

Dogecoin Surges Amid Trump Rally and Musk Speculation

Dog-themed meme coins, led by Dogecoin, have surged following a rally fueled by Donald Trump's election and a Federal Reserve rate cut. Dogecoin hit its highest price in nearly three years, with other meme coins like Shiba Inu and Floki Inu also seeing significant gains. The rally is driven by investor optimism over potential crypto-friendly policies under Trump and Elon Musk's support for the MAGA agenda, sparking speculative interest in meme-driven narratives.

via Decrypt|

#cryptocurrency #cryptorally #dogecoin

finance-and-business2 years ago•1 min saved

"Bitcoin Surges Past $45K in New Year Rally, Eyeing $48K Amid ETF Optimism"

Bitcoin's price soared past $45,000 for the first time since April 2022, continuing a significant rally into 2024. The surge is partly driven by anticipation of the U.S. potentially approving the first bitcoin exchange-traded fund (ETF), which would make the cryptocurrency more accessible to institutional investors. Additionally, the upcoming "halving" event in 2024, which cuts the reward for mining bitcoin in half, is expected to reduce supply and has historically led to price increases. Other cryptocurrencies like Ether and Solana also experienced substantial gains during this rally.

via CNBC|

##bitcoin #bitcoinetf