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Showing posts with the label bull market

THETA reaches 3-month high amid rise in short positions

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Theta Network’s native token, THETA, has constantly risen over the past two weeks as the broader crypto market gained bullish momentum. THETA reached a three -month high of $0.79 at around 01:00 UTC on Nov. 1 with a total market cap of $790 million. The rise comes as Theta Network’s social volume witnessed a 50% surge over the past 24 hours and a 350% boost since Oct. 28, per Santiment data. THETA price, social volume, Open Interest and Binance funding rate – Nov. 1 | Source: Santiment Moreover, THETA emerged as the top gainer among the top 100 crypto assets, with a 10% hike in the past 24 hours. The asset is trading at $0.756 at the time of writing, with a market cap of just over $755 million. You might also like: 15th anniversary of Bitcoin white paper: From concept to multi-billion-dollar market Theta Network’s 24-hour trading volume skyrocketed by 531%, reaching almost $97 million. According to data provided by the market intelligence platform, THETA’s tota...

Crypto market turns green as investors expect another bull run

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The global crypto market has suffered a strong bearish momentum since early 2022. However, Bitcoin’s (BTC) surge above $30,000 has triggered a market -wide rally for most altcoins. According to the data provided by CoinMarketCap (CMC), the global crypto market capitalization hiked by 2.05% in the past 24 hours, reaching roughly $1.16 trillion. Per the data aggregator, the market ’s 24-hour trading volume surged 21%, surpassing the $47 billion mark. As the market rallies, Bitcoin’s price witnessed a 2% surge and is trading at $30,730 at the time of writing. BTC’s market dominance hiked to 51.5%. This suggests that the flagship cryptocurrency, Bitcoin, could’ve driven the recent rally. BTC price on Oct. 23 | Source: Trading View Moreover, the “fear and greed” index has also surpassed the 55-point mark, reaching a three-month high despite the negative impact of the Israel-Hamas war. You might also like: FBI charges 6 for running $30m crypto ring Crypto investor and...