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Cryptocurrency News Articles
Bitcoin (BTC) Markets Are Trading Relatively Flat After Their Run Above $70000
Oct 31, 2024 at 04:00 am
Notable Statistics: Bitcoin (BTC) $70,745.54 -2.02% Ethereum (ETH) $4,744.23 -1.65% Binance Coin (BNB) $624.33 -1.13%
Cryptocurrency markets are displaying relatively flat activity on Friday, following Bitcoin’s brief surge above the $71,000 level.
After hitting highs of $71,364 on Thursday, according to CoinMarketCap, Bitcoin prices dropped 2% in a single day but held on to $71,000.
Bitcoin 1-hour chart. Source: TradingView
Crypto trader Javon Marks highlighted the one-hour chart setting up in a bull flag pattern just below the All-Time Highs.
“A surge into new, unprecedented heights can be in development,” Marks predicted.
Meanwhile, crypto chart analyst Ali Martinez highlighted Bitcoin performance over the last three U.S. presidential elections.
“I don't think this time will be different,” Martinez said.
Bitcoin ETF inflows are chasing all highs, with $900 million pushing Bitcoin towards a new peak, according to Michael van de Poppe.
“I think there's more upside coming in the coming period with a constant flow of interest.”
What’s Next: The influence of Bitcoin as an institutional asset class will be explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
Don’t Miss: Bitcoin, Ethereum Price Action Trades Flat Ahead Of Key Inflation Data
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
