Market Cap: $2.8664T -1.38%
Volume(24h): $89.2216B 16.73%
  • Market Cap: $2.8664T -1.38%
  • Volume(24h): $89.2216B 16.73%
  • Fear & Greed Index:
  • Market Cap: $2.8664T -1.38%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$84238.640110 USD

-1.29%

ethereum
ethereum

$2617.977946 USD

-2.94%

tether
tether

$0.999722 USD

-0.01%

bnb
bnb

$767.998677 USD

-1.32%

xrp
xrp

$1.475120 USD

-1.39%

usd-coin
usd-coin

$0.999854 USD

-0.01%

solana
solana

$118.870390 USD

-0.74%

tron
tron

$0.333127 USD

-1.08%

hyperliquid
hyperliquid

$91.250958 USD

-2.02%

zcash
zcash

$1325.919433 USD

0.19%

dogecoin
dogecoin

$0.090858 USD

-3.68%

monero
monero

$570.062315 USD

2.38%

chainlink
chainlink

$13.796738 USD

-0.21%

cardano
cardano

$0.257345 USD

-4.22%

unus-sed-leo
unus-sed-leo

$8.876021 USD

-0.23%

Cryptocurrency News Articles

Cryptocurrency Markets Are Closing the Week Strong, with Bitcoin Pushing Above $90,000

Nov 16, 2024 at 04:15 am

Veteran analyst Benjamin Cowen expects Bitcoin dominance to increase for the remainder of the year. He expects a reversal only in 2025.

Cryptocurrency Markets Are Closing the Week Strong, with Bitcoin Pushing Above $90,000

(Nov. 4, 2022) Cryptocurrency markets are closing the week strong, with Bitcoin pushing above $90,000 at the end of the U.S. trading session.

Notable Statistics:

Bitcoin rose over 2% on Friday evening.

The world’s largest cryptocurrency reached highs of $90,275.

BTC last traded above $90,000 in March 2022.

Bitcoin price now down 70% from all-time highs.

Chart shows BTC price action over the past seven days. Source: Finviz

Notable Developments:

Veteran analyst Benjamin Cowen anticipates Bitcoin dominance will continue to rise through the year. He anticipates a reversal only in 2025.

“With #ALT / #BTC pairs still about 27% off their lows, #DXY climbing, yields going up, and QT continuing, #BTC dominance will likely go higher into EOY. I do think #BTC dominance will go down in 2025, but that is 1.5 months away, and a lot can happen between now and then.”

A poll by trader TheFlowHorse showed his audience was split on whether Bitcoin will trade above $89,500 over the weekend, with a slight 54% majority saying yes.

Technical analyst Pierre outlined the likely paths for Bitcoin in the short term: either a flip of the resistance level around $90,000, which could lead to new highs, or a visit to the bottom of the range around $85,000. In between the two prices, he anticipates sideways trading action.

Top Gainers:

Among the top gainers were Bitcoin (BTC), Litecoin (LTC) and Near Protocol (NEAR).

LTC price rose over 4%.

The cryptocurrency reached highs of $64.40.

LTC price now down 85% from all-time highs.

Chart shows LTC price action over the past seven days. Source: Finviz

Other gainers included ApeCoin (APE), Bitcoin Cash (BCH) and Chainlink (LINK).

APE price rose over 3%.

The cryptocurrency reached highs of $4.08.

APE price now down 80% from all-time highs.

Chart shows APE price action over the past seven days. Source: Finviz

Trader Notes:

The influence of Bitcoin as an institutional asset class is set to be explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

Original source:benzinga

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 08, 2026