Ethereum (ETH) and SHIB

Ethereum (ETH) and Shiba Inu (SHIB) continue to gain investor interest, both altcoins are showing signs of a breakthrough.

These coins could be preparing for a surge in optimism before the end of 2024. The price of Ethereum has increased by 20% over the past month, gaining positive momentum. ETH is seeing fresh increase in demand since Trump won the US election last week.

The SHIB price has increased by 10% over the past week. Communities are very optimistic that the coin will maintain the increasing trend into 2025.

Dodgecoin

Dodgecoin has also gained momentum, surging 62% in the last week. The meme-focused cryptocurrency is showing it’s best performance since February this year, with analysts predicting further gains.

Bitcoin Reigns Supreme

BTC reigns supreme, at an all time high of $82,000 as of today. The Optimism remains high since Trump’s victory and the technical outlook for BTC suggests a bullish rally moving forward.

The rally was further boosted by over 1.6 billion in US spot Bitcoin Exchange Traded Funds (ETFs) inflows and a Federal Reserve interest rate cut.

Trump Victory

The trump victory has seen a massive increase in crypto hype! Bitcoin has seen an extreme level of trading within the last 24 hours, up by 64%. The bullish momentum seems strong at present. However, some analysts seem to be divided over the next direction. What will happen next?

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