{"id":19297,"date":"2024-11-10T09:55:28","date_gmt":"2024-11-10T09:55:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=19297"},"modified":"2024-11-10T09:55:28","modified_gmt":"2024-11-10T09:55:28","slug":"double-digit-price-surges-from-these-altcoins-as-bitcoin-btc-eyes-80k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=19297","title":{"rendered":"Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch)"},"content":{"rendered":"

It feels like a bull cycle once again as bitcoin\u2019s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000.<\/p>\n

The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day.<\/p>\n

BTC\u2019s New and Latest Peak<\/h2>\n

It\u2019s safe to say that the cryptocurrency landscape has become entirely different after Donald Trump\u2019s win<\/a> in the 2024 US presidential elections. Recall that BTC struggled at $67,000 on Monday but soon skyrocketed to $75,000 after his victory became official and has only doubled down since then.<\/p>\n

The US Fed\u2019s rate cut on Thursday sent the asset flying once again, this time to roughly $77,000. Bitcoin calmed on Saturday but went back on the offensive earlier today. This time, it shot up<\/a> above $79,000 and peaked just shy of $80,000. This came amid a week of massive inflows toward the spot BTC ETFs, as the products attracted<\/a> roughly $2.3 billion in the last three trading days.<\/p>\n

With its current price tag of around $79,500, bitcoin\u2019s market cap has surged past $1.570 trillion. Its dominance over the alts has been reduced lately given their spectacular performance, but it is still above 55% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 10.11.2024. Source: TradingView<\/p>\n

Does it Feel Like Altseason?<\/h2>\n

The altcoins trailed behind BTC on Wednesday but have performed quite mind-bogglingly in the past few days. Looking at the last 24 hours alone paints a beautiful green picture.<\/p>\n

Cardano and SUI have emerged as the top performers from the larger caps, having surged by over 30% each. ADA\u2019s reasoning<\/a> is quite interesting as it involves IOG\u2019s founder, Charles Hoskinson, and the upcoming Trump administration.<\/p>\n

Dogecoin tapped<\/a> a multi-year peak of its own above $0.23 after it more than doubled its price tag in a month. Ethereum sits close to $3,200 after surging by 30% in the past week. SHIB has gained more than 17% in a day, while the double-digit price increase club is also joined by BCH, DOT, CRO, APT, KAS, and many others.<\/p>\n

The total crypto market cap is up by about $130 billion since yesterday and sits above $2.850 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

It feels like a bull cycle once again as bitcoin\u2019s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000. The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day. BTC\u2019s New and Latest […]<\/p>\n","protected":false},"author":0,"featured_media":19298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19297"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19297"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/19298"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}