Saturday, January 11

Tag: Santiment

VIRTUAL Drops 35% from All-Time High, Hits Weekly Low

VIRTUAL Drops 35% from All-Time High, Hits Weekly Low

Daily Crypto News
VIRTUAL, the token powering Virtuals Protocol, rose to an all-time high of $5.25 on January 2. It has actually given that gone into a high decrease, losing 35% of its worth over the previous week. This slump has actually placed VIRTUAL as the worst-performing possession amongst the leading 100 cryptocurrencies throughout this duration, with its rate setting brand-new lows daily because reaching its peak. Low Demand for VIRTUAL Pushes Price to New Lows Apart from the basic market's debt consolidation, VIRTUAL's double-digit decrease is partially driven by the fall in brand-new need for the token considering that it peaked at $5.25. On-chain information from Santiment reveals an 88% drop in the everyday count of brand-new addresses produced to trade VIRTUAL because January 2. When brand-...
Bitcoin (BTC) Decoupling From Wall Street: A Signal for New Records in 2025?

Bitcoin (BTC) Decoupling From Wall Street: A Signal for New Records in 2025?

Daily Crypto News
2025 has actually started on a favorable note, with Bitcoin back to 6 figures, trading above $100,000. In spite of climbing up by practically 8% over the previous week, BTC is yet to recover its just recently developed all-time high above $108,000. Bitcoin's divergence from equities recommends a minimized connection, raising hopes for a bullish 2025 and brand-new all-time highs. Compromising Bitcoin-Equity Correlation There has actually been a noteworthy shift in the connection in between cryptocurrency and equities, especially Bitcoin and the S&P 500. Given That Donald Trump was chosen as the 47th United States President in November 2024, the 2 markets have actually been carefully connected. Information from Santiment showed Bitcoin getting momentum, rising by over 3% in a single day comp...