🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Ethereum’s fundamentals in November 2024 remain robust despite recent market fluctuations. The cryptocurrency’s ecosystem is seeing significant developments that underline its long-term potential: 1. Layer-2 Scaling Growth: Ethereum’s Layer-2 solutions, such as Arbitrum and Optimism, have reached record highs in Total Value Locked (TVL), currently exceeding $16 billion. This reflects increased adoption for lower-cost and faster transactions on Ethereum’s network  . 2. Upcoming Upgrades: The anticipated “Dencun” upgrade, planned for early 2025, will include EIP-4844 (proto-danksharding), significantly improving Ethereum’s scalability by reducing Layer-2 gas fees. This is expected to boost network activity and adoption . 3. Real-World Asset Tokenization: Ethereum continues to lead in tokenizing traditional financial assets, bringing more real-world use cases to the blockchain. This trend aligns with growing institutional interest in on-chain financial products . 4. Spot ETF Approval Prospects: Analysts anticipate the approval of a spot Ethereum ETF in 2024, following Bitcoin’s lead. This could bring new institutional investors and liquidity to the market, potentially driving Ethereum’s price higher . 5. Current Market Performance: Ethereum’s price in mid-November 2024 hovers around $3,200, with predictions of moderate growth by year-end. The asset has more than doubled in value since mid-2022 lows, underscoring its resilience despite broader crypto market volatility  .
These factors position Ethereum as a strong player in the cryptocurrency space, with significant potential for growth in adoption and network utility.
Bitcoin is currently trading around $70,000, with predictions that it could reach between $76,000 and $78,000 by the end of the year. This trend is supported by factors such as the recent halving (which tends to boost prices) and the interest of institutional investors. In addition, low interest rates and the global economic situation
Despite this bullish trend, some analysts suggest that a pullback to key support levels, such as $62,000, would strengthen Bitcoin's technical structure ahead of a possible new all-time high  
#Bitcoin Bitcoin has been on a downtrend recently, reflecting the inherent volatility of cryptocurrencies. Declines can be driven by a variety of factors, including:
1. Macroeconomic factors: Changes in interest rates or central bank decisions that affect risk assets. 2. Regulations: News of potential restrictions or regulations in key markets. 3. Market sentiment: Movements by large investors (whales) and overbought or oversold levels in analysis
Bitcoin has been on a downtrend recently, reflecting the inherent volatility of cryptocurrencies. Declines can be driven by a variety of factors, including:
1. Macroeconomic factors: Changes in interest rates or central bank decisions that affect risk assets. 2. Regulations: News of potential restrictions or regulations in key markets (such as the US or Europe) often have a negative impact. 3. Market sentiment: Movements by large investors (whales) and overbought or oversold levels in technical analysis.
If you are considering trading, you might focus on key support and resistance levels to identify potential entry or exit points. You might also keep an eye on macroeconomic factors that affect overall investor sentiment in risk assets, as these elements are often key to price action.
Bitcoin has experienced a recent decline, partly influenced by macroeconomic factors, such as uncertainty in global markets and the monetary policy of several central banks that affects liquidity and appetite for risk assets. In addition, there is a natural cycle of correction after several previous rises.
Bitcoin has experienced a recent decline, partly influenced by macroeconomic factors, such as uncertainty in global markets and the monetary policy of several central banks that affects liquidity and appetite for risk assets. In addition, there is a natural cycle of correction after several previous rises.