{"id":11379,"date":"2024-11-10T09:55:28","date_gmt":"2024-11-10T09:55:28","guid":{"rendered":"https:\/\/cryptd.in\/double-digit-price-surges-from-these-altcoins-as-bitcoin-btc-eyes-80k-weekend-watch\/"},"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:\/\/cryptd.in\/it\/double-digit-price-surges-from-these-altcoins-as-bitcoin-btc-eyes-80k-weekend-watch\/","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

\"Bitcoin\/Price\/Chart<\/a>
Bitcoin\/Price\/Chart 10.11.2024. Source: TradingView<\/figcaption><\/figure>\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

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

Il post Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch)<\/a> \u00e8 apparso per la prima volta su Criptopatate<\/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":11380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nDouble-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch) - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/it\/double-digit-price-surges-from-these-altcoins-as-bitcoin-btc-eyes-80k-weekend-watch\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch) - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"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. 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