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Bitcoin Surges to $70k as Altcoins Post Double-Digit Gains

王林
Release: 2024-07-30 06:16:48
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The biggest winner of the bullish turnaround has been Bitcoin, which surged from a low under $54,000 early in July to a price of more than $69,500 over the weekend.

Bitcoin Surges to k as Altcoins Post Double-Digit Gains

After a rough month, the crypto market has bounced back with a vengeance. Bitcoin is once again approaching $70,000, while altcoins like Solana and BSV have seen even更大 gains and overall trading volume has picked up across the market.

There’s a palpable sense of excitement in the air—as if the market is on the brink of a major run. Let’s zoom in and take a closer look at some of the biggest gainers heading into this week.

Bitcoin Surges to $70k as Altcoins Post Double-Digit Gains

The biggest beneficiary of the bullish pivot has been Bitcoin, which surged from a low below $54,000 in early July to a price of over $69,500 by the weekend.

The biggest crypto’s 29% gain suggests that fears over a wave of BTC from Mt. Gox hitting the market have subsided, and traders are back to talking about the next all-time high.

That might not be far off. At the current BTC price, Bitcoin is just 6.7% away from its all-time high of $73,750. The token’s chart has been bullish since early July, suggesting it might have the momentum to push towards a new high.

Meanwhile, several Bitcoin-related altcoins are posting double-digit gains. Bitcoin SV is up nearly 18% in the last 24 hours. Bitcoin Cash is up 12%. Even Litecoin, which forked from Bitcoin over a decade ago, is up 7% in the last day.

All of this is happening as Bitcoin is taking center stage in the US presidential campaign.

Former President Trump held a crypto-focused rally over the weekend, bolstering the crypto market’s hopes for a friendlier regulatory landscape after the November election.

? President Trump Delivers Remarks at Bitcoin Conference in Nashville. This might start off a massive crypto rally ? https://t.co/QM23JVq0g1 pic.twitter.com/ncaUThdWwi

That would be a major tailwind for the industry. It’s looking increasingly likely that traders could be bidding up the price of Bitcoin in anticipation of a coming crypto golden age.

99Bitcoins Raises $2.5M in Explosive Learn-to-Earn Presale

While crypto majors stole the show over the weekend, a new altcoin also made a splash. 99Bitcoins, a learn-to-earn token that helps new crypto traders navigate the market, crossed the $2.5 million threshold in its ongoing presale.

99Bitcoins is already one of the largest crypto learning platforms, with over 2.8 million subscribers and almost 80 hours of educational content. With its new $99BTC token, users will be able to earn crypto every time they complete a course.

There are several perks to owning $99BTC, like access to exclusive educational content and the ability to stake to earn token rewards. During the presale, early 99Bitcoins investors can earn 674% APY.

Plus, $99BTC holders will get access to 99Bitcoin’s crypto trading signals, which are poised to be one of the platform’s signature offerings.

The signals will allow 99Bitcoins users to test the crypto trading skills they’re learning on the platform and help them navigate the market to find gains.

Crypto analysts are buzzing about $99BTC—Jacob ‘Crypto’ Bury called it the next 10x token. Analysts like Oscar Ramos and ClayBro have also highlighted the 99Bitcoins presale as one that investors can’t afford to miss.

The 99Bitcoins presale is currently offering tokens at a discounted price of just $0.00115. But the next price increase is less than 24 hours away, so there’s no time to wait to buy $99BTC.

Visit 99Bitcoins Presale

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