cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

2 Key Drivers of a Surprise Year-End Crypto Rally

-

by

in

The cryptocurrency market has been in a particularly painful slump for the past ten days or so and has failed to produce the much-anticipated Santa Claus rally.

With the year coming to an end in just a few days, on-chain data actually shows that this could all change in a rather unexpected fashion.

Trading Volumes Mean Gains?

The broader end of 2024 was quite spectacular as BTC skyrocketed from under $70,000 to over $108,000 within less than two months after the US presidential elections. On a micro-scale, though, the asset has been struggling for the past ten days as it tumbled from that aforementioned all-time high to $92,000 in days and sits at $94,000 now.

Moreover, the trading volumes have slumped in the past week, which is quite expected given the Holiday season. That, though, could actually be the propeller of a price rally, according to data from Santiment.

The analytics platform indicated that in times of low trading volumes, whales play a particularly important role if their accumulation levels continue.

Many large investors have been on a shopping spree lately for different assets, not just BTC. In fact, “speculative altcoins” are even more susceptible to price gains on such occasions, which could be beneficial for meme coins such as DOGE.

On-chain data shared by Ali Martinez indicates that Dogecoin whales used the dip to acquire more of the largest meme coin in the past few days.

Stablecoins on Binance

The other factor is the growing stablecoin reserve on the world’s largest crypto exchange. Binance has seen a massive intake of such assets, which are typically deployed to accumulate BTC or altcoins. According to CryptoQuant, the exchange now holds $29 billion in USDT and USDC, which “underlines Binance’s pivotal role in providing liquidity and stability to the market during this explosive growth phase.”

“Stablecoins like USDT and USDC are critical for traders and institutions, serving as a bridge between fiat and crypto while enabling seamless trading during volatile periods,” – reads the report. It concluded that this particular surge of the two biggest stablecoins by market cap is a “bullish signal.”

게시물 2 Key Drivers of a Surprise Year-End Crypto Rally 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (237) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (2) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (29) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (48) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (3) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (3) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (3) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (2) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.