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⁠5 altcoins that produced double-digit gains as Bitcoin price rallied in January

Bitcoin’s strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January.

https://ct.com/bchs
⁠Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?

https://ct.com/bci3
⁠Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data.

https://ct.com/bcio
⁠Bitcoin meets FOMC after 39% January gains with Fed path 'uncertain'

The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.

https://ct.com/bcjm
⁠Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance

Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell.

https://ct.com/bcl0
Forwarded from Cointelegraph
Crypto market feeling the blues today as Bitcoin and stocks correct and investors await Powell's comments on the next interest rate hike.

BTC (-0.78%) - $22,990
ETH (-1.48%) - $1,571
BNB (-1.67%) - $308
SOL (-6,29%) - $23
XRP (-2.24%) - $0.40

https://cointelegraph.com/news/why-is-the-crypto-market-down-today
⁠Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Crypto traders are waiting for the result of today's FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy.

https://ct.com/bcll
⁠Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

BTC bulls are positioned to win this week’s $1 billion options expiry, but the market's post-FOMC reaction could alter their plans.

https://ct.com/bcma
⁠Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s

SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s.

https://ct.com/bcmy
⁠Bitcoin bulls must reclaim these 2 levels as 'death cross' still looms

BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts.

https://ct.com/bcn7
⁠Avalanche 'bull trap' risks pushing AVAX price down by 30% in February

The price of AVAX has more than doubled in 2023 but a growing divergence between several key metrics hints at a bearish reversal ahead.

https://ct.com/bcp2
⁠Ethereum (ETH) price is aiming for $1,800 in February — Here is why

ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February.

https://ct.com/bcpk
⁠Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

Absent shill and bullish newsflow, DOGE and SHIB have struggled to keep up with the wider crypto market rally that occurred in January.

https://ct.com/bcpq
⁠Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs

The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution.

https://ct.com/bcq4
⁠Why did Bitcoin price go down today? BTC traders brace for $23K retest

Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed's rate hike and market commentary fades.

https://ct.com/bcr5
⁠$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

Bitcoin buyers may get a chance to "load up" below $22,000 on the back of employment statistics.

https://ct.com/bcsg
⁠'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says

Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.

https://ct.com/bcsw
⁠Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent.

https://ct.com/bct2
⁠Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?

ATOM gained 50% in January and while the wider crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?

https://ct.com/bct7