Bitcoin Dips to $64K as FTT Skyrockets Over 60% in Crypto Market Shakeup

30.09.2024 27 times read 0 Comments

Crypto Prices On September 30: BTC Slips To $64K, FTT Surges Over 60%

The cryptocurrency market experienced a rollercoaster of emotions on September 30. According to CoinGape, Bitcoin (BTC) saw its price drop back to the $64,000 mark after previously reaching as high as $66,069.35 within the last 24 hours. This decline comes despite significant inflows into US spot Bitcoin ETFs earlier in the week.

Meanwhile, Ethereum (ETH) and Solana (SOL) mirrored this volatility with ETH trading around $2,625 and SOL at approximately $156. However, not all was bleak; XRP defied broader trends by gaining nearly 5.5%, driven partly by whale accumulation from Upbit exchange.

$70,000 Has Never Been Closer for Bitcoin

Investing.com reports that Bitcoin is showing strong recovery signs as it approaches the critical psychological barrier of $70,000. The asset has been making higher lows recently, which suggests an upward trajectory might be sustained if key resistance levels are breached.

This optimism extends beyond just technical indicators; Shiba Inu also shows potential gains should major cryptocurrencies like BTC continue their ascent. Despite these positive signals, some coins such as SHIB benefit from aligned moving averages indicating stability even amidst short-term fluctuations.

How To Buy Bitcoin On eToro: A Step-by-Step Guide

A comprehensive guide published by Forbes outlines how investors can navigate purchasing Bitcoin through eToro's platform—a user-friendly option catering to both novice traders seeking entry points into crypto markets and seasoned veterans exploring alternative exchanges alike.

The article details account setup processes, including funding methods available via debit cards or PayPal, among others, while emphasizing risk management strategies crucial when engaging volatile assets like cryptocurrencies. Ensuring informed decision-making throughout investment journeys is undertaken therein!

ETFSwap Set to Make More Crypto Millionaires Than Bitcoin and Shiba Inu in 2024

An intriguing development highlighted by crypto.news involves ETFSwap’s ambitious plans potentially creating more millionaires than established giants such as BTC & SHIB combined, come next year, thanks largely to explosive growth prospects associated with tokenizing traditional finance sectors facilitated by decentralized platforms.

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