Cryptocurrency Live News & Updates : Bitcoin Hits New High Amid Market Buzz
In the latest weekly recap, Bitcoin reached a new all-time high, while Pump.fun achieved a remarkable $600 million token sale. Tether continued its blockchain cleanup, and Coinbase made strides with AI technology. Bitcoin has made headlines by breaking its all-time high, reaching $119,308 before settling at $118,882, while other cryptocurrencies like XLM and HBAR saw impressive gains of 22% and 27%, respectively. Prominent trader James Wynn faced a devastating loss, with his wallet balance plummeting to just $10,176 after aggressive trading strategies led to a near-total liquidation of his assets. Meanwhile, Ethereum is focusing on scalability and privacy enhancements, with Ark Invest's Cathie Wood highlighting the importance of these developments for institutional adoption. Algorand is also showing signs of recovery, with a 58% surge from its June lows, driven by increased network activity and a bullish double-bottom pattern. Despite these positive movements, Algorand faces challenges, including the loss of key partnerships. Overall, the cryptocurrency market is experiencing significant fluctuations, with both opportunities and risks for investors. Show more
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Economic Times
2 hours ago
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