Zcash News: Privacy Cryptocurrency Gains Momentum in Crypto Market

The post Bitcoin (BTC) Investors Attention: These Two Levels Are Critical! There’s a $1 Billion Risk! appeared on BitcoinEthereumNews.com. Bitcoin (BTC), which fell below $90,000 over the weekend, started the critical Fed week with a recovery. While Bitcoin is recovering slightly and climbing above the $91,000 level, major altcoins including Ethereum (ETH) are also showing gains. Ethereum is back above $3,100, while XRP and Solana (SOL) are up 2.6% and 2.2%, respectively, in the last 24 hours. While it is stated that whether the rise in Bitcoin and altcoins will continue depends on the FED decision and the statements of FED chairman Jerome Powell, the latest data came from the cryptocurrency tracking platform Coinglass. Bitcoin’s price movements are poised to trigger significant liquidation events on mainstream cryptocurrency exchanges (CEX), according to the latest data from Coinglass. “At this point, if Bitcoin rises above $93,000, $721 million worth of BTC short positions on CEXs will be liquidated. Conversely, if the Bitcoin price falls below $90,000, $340 million worth of long positions will be liquidated.” According to current data, $450 million worth of leveraged transactions were liquid in the last 24 hours, while $293.2 million worth of long positions and $157.5 million worth of short positions were liquid. While 130,468 traders were liquidated in the last 24 hours, the largest liquidation occurred in the ETH/USD transaction on Hyperliquid. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-btc-investors-attention-these-two-levels-are-critical-theres-a-1-billion-risk/

The post EUR/GBP strengthens to near 0.8750 on upbeat German Industrial Production data appeared on BitcoinEthereumNews.com. The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data. The Eurozone Sentix Investor Confidence report is due later on Monday. Data released by Destatis on Monday showed that Germany’s Industrial Production climbed by 1.8% over the month in October, versus an increase of 1.3% in September. This figure came in stronger than the market expectation of a 0.4% decline. The EUR attracts some buyers in an immediate reaction to the upbeat German Industrial Production report.  Furthermore, rising expectations that the European Central Bank (ECB) is done cutting interest rates could lift the EUR against the GBP in the near term. Financial markets project that rates will be kept on hold at the upcoming policy meeting and have significantly reduced expectations for cuts in 2026. Earlier on Monday, ECB board member Isabel Schnabel said that she is comfortable with investor bets that the central bank’s next interest-rate move will be an increase. Signs of a weakening UK economy and the UK Autumn November budget have reinforced bets for a December rate cut from the Bank of England (BoE). This, in turn, weighs on the GBP and acts as a tailwind for the cross. UK Prime Minister Keir Starmer emphasized the need to bring inflation and interest rates down to boost business investment and economic growth. The UK central bank is expected to cut its interest rates by 25 bps to 3.75% in the monetary policy announcement on December 18 amid a cooling UK job market. Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign…

Bitcoin surges, hitting $91,600.91, with strong weekly growth potential. Ethereum rises 11.2%, showcasing continued dominance in decentralized applications. Lucidum and Moonbeam soar, signaling strong altcoin market interest growth. The cryptocurrency market has been showing positive momentum as Bitcoin, Ethereum, and XRP experience notable gains. Bitcoin, the largest digital currency by market cap, is currently priced at $91,600.91, marking a 2.1% increase in the past 24 hours and a 6.7% rise over the past week. This upward movement has contributed to Bitcoin’s market capitalization of $1.83 trillion, reinforcing its dominant position in the market. As the leader of the crypto space, Bitcoin’s performance plays a crucial role in driving market trends. Ethereum, the second-largest cryptocurrency, has also been on an upward trajectory. With a price of $3,138.03, Ethereum has seen a 3% rise over the last 24 hours and a 11.2% increase over the past seven days. Ethereum’s strong performance is backed by its expanding ecosystem, with a market cap now sitting at $378.46 billion. Its decentralized applications (dApps) and ongoing upgrades are expected to sustain this growth, highlighting Ethereum’s continued importance in the crypto ecosystem. XRP, another major player, has remained steady, currently trading at $2.08. Over the past 24 hours, XRP has risen by 1.7%, and it has gained 2.5% over the past week. With a market cap of $125.59 billion, XRP continues to perform well in a highly competitive environment, maintaining its position among the top cryptocurrencies. Also Read: Cardano’s Charles Hoskinson Hints at Big News on Monday – ADA Community Buzzing Emerging Altcoins Surge in Value While Bitcoin, Ethereum, and XRP lead the way, several altcoins have also been seeing significant growth. Lucidum (LUCIC), for instance, has surged by 50.8% in the last 24 hours, bringing its price to $0.3019. With a trading volume of $648.64 million, Lucidum has shown strong investor interest and potential for future growth. Similarly, Moonbeam (GLMR) has risen by 48.6%, now priced at $0.04074. With a 24-hour trading volume of $79.89 million, Moonbeam’s solid performance demonstrates the growing interest in new and emerging projects within the cryptocurrency market. Altcoins like these are gaining momentum as investors look beyond the established cryptocurrencies for opportunities in the rapidly evolving market. Their strong growth highlights how innovation within the crypto space is driving new interest and diversifying the market. Market Outlook and Future Trends While Bitcoin and Ethereum continue to lead the market, the performance of altcoins like Lucidum and Moonbeam suggests that the cryptocurrency landscape is evolving. These altcoins reflect the growing trend of diversification in the market, as investors seek new opportunities outside the traditional top coins. As the market matures, it will be interesting to see how both major cryptocurrencies and emerging altcoins continue to shape the future of digital finance. The crypto market is experiencing significant growth, with major coins like Bitcoin and Ethereum driving the upward trend, while altcoins are also showing impressive gains. The market’s overall resilience and potential for further growth offer promising opportunities for both new and experienced investors alike. Also Read: XRP Amazing Streak Continues, Here’s What’s Happening The post Crypto Market Sees Notable Growth: Bitcoin, Ethereum, and XRP Lead appeared first on 36Crypto.