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Altcoin Market Resilience Hints at Potential Regime Shift as Investors Diversify Beyond Bitcoin

Altcoins' strength during Bitcoin’s downturn signals a potential regime change, as crypto investors explore alternative assets instead of Bitcoin as a safe haven.

A recent shift in market behavior suggests that investors are beginning to diversify away from Bitcoin during periods of uncertainty, showing increased confidence in altcoins. Analysts from Bitfinex have noted a “potential regime change,” as resilience in the altcoin market during Bitcoin's price decline may indicate that investors are no longer solely relying on Bitcoin as a safe haven.
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MEWS FLASH:
📊 Global Crypto Market Update:

- Total market cap: $2.04T (+2.26% last 24 hrs)
- BTC traded between $55,545 and $58,470, currently at $58,184 (+2.89%)

🔼 Market outperformers:
- $LOKA: +20%
- $SUI: +16%
- $PENDLE: +15%

💡 Fed Rate Cut Expectations:
- 87% chance of a 25 bps cut next week (CME data)
- Only 13% chance of a 50 bps cut

📉 Implied volatility across major maturities has declined, indicating stable market conditions ahead.

📉 Goldman Sachs revised their forecast for the Bank of England, predicting consecutive rate cuts starting November.

🇦🇪 UAE Update:
- SCA & Dubai's VARA to supervise virtual asset service providers (VASPs) jointly across the UAE. VASPs seeking VARA licensing will be registered with the SCA.

📊 CPI Data Impact:
- U.S. Dollar Index surged by 20 points to 101.67
- Bitcoin dropped 0.7%
- Dow Jones futures down 0.66%, S&P 500 down 0.45%, Nasdaq futures down 0.45%

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN
Altcoins Need Major Bull Rally to Prevent Venture Capital Funding Drought, Analyst Warns

A substantial bull market is crucial for the altcoin market to avoid a venture capital funding drought, says crypto analyst Will Clemente. Can altcoins rebound in time?

The altcoin market is at a critical juncture, with a significant bull market needed to maintain healthy venture capital funding. Crypto analyst Will Clemente warns that without this rally, fewer projects will receive funding, leading to lower valuations across the market. With altcoin dominance plummeting and funds underperforming, can the market bounce back or face a prolonged drought in investment?
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Bitcoin’s $60K Showdown: Can Fed Rate Cuts Propel BTC to New Highs This Week?

Bitcoin faces a crucial week with a Federal Reserve rate cut looming. Will BTC break resistance and soar past $60K or face turbulence? Key insights for the days ahead.

Bitcoin finds itself at a pivotal crossroads as the week begins. With the United States Federal Reserve poised to announce its first interest rate cut in over four years, all eyes are on how BTC will react. Traders and analysts are watching Bitcoin’s fight to reclaim the $60,000 mark, a key resistance level that could define its trajectory in the coming days. Meanwhile, Ethereum struggles as Bitcoin dominance hits a three-and-a-half-year high.
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Bitcoin Eyes New All-Time High as Local Market Structure Signals Bullish Shift

Bitcoin’s price is up 16% from its recent low, with analysts predicting a potential breakout past $65,000 and new all-time highs. Is the BTC rally just beginning?

Bitcoin’s recent price movement has sparked optimism among analysts, as it has rebounded 16% from its September low. With the local market structure now showing bullish signals, many believe BTC is on a path toward new all-time highs. But will Bitcoin break past the critical $65,000 resistance?
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Donald Trump Buys “Crypto Burgers” Using Bitcoin at NYC Campaign Stop

Donald Trump made history by using Bitcoin to buy burgers at a NYC bar that accepts BTC, marking a unique moment in his 2024 presidential campaign.

Former US President and 2024 Republican nominee Donald Trump made a splash during a campaign stop in New York City on Sept. 18, becoming the first former president to use Bitcoin in a transaction. The event occurred at Pubkey, a bar famous for accepting cryptocurrency, where Trump used Bitcoin to purchase hamburgers. The moment highlights Trump’s evolving relationship with crypto. He once called Bitcoin a "scam," but now actively engages with the industry as part of his campaign.
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Bitcoin Bulls Eye $65K as Key Resistance, Market Prepares for Breakthrough

Bitcoin approaches the $65K resistance level, with traders predicting a bullish breakout. Consolidation and global market sentiment are key factors to watch for BTC's next move.
Bitcoin traders are setting their sights on the $65,000 resistance level, predicting it as the key hurdle for BTC’s next bullish move. Despite a temporary sell-off with U.S. equities, analysts remain optimistic, forecasting consolidation before Bitcoin potentially breaks through this crucial level.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
History Hints at a Bitcoin Breakout: Analyst Predicts Surge Within Days

A Bitcoin breakout could be days away, says analyst Rekt Capital, with historical data pointing to major price gains following BTC’s halving cycles.

Bitcoin could be on the verge of a major breakout, with historical patterns suggesting that the cryptocurrency is entering a critical phase. According to pseudonymous analyst Rekt Capital, Bitcoin’s reaccumulation phase may end, with a surge expected within the next few days.

In a post on X (formerly Twitter) on Sept. 24, the analyst pointed out that Bitcoin typically breaks out of its accumulation range around 154 to 161 days after its halving event. With the latest halving occurring on April 20, 2024—157 days ago—the breakout could happen imminently if history repeats itself.
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Bitcoin Struggles Near $60K as Middle East Tensions Shake Markets

Bitcoin hovers around $60K amid Middle East tensions. Traders eye possible further declines as geopolitical uncertainty fuels market volatility.

Bitcoin remains on shaky ground, hovering near $60,000 as tensions in the Middle East rattle global markets. While Bitcoin hasn’t dipped below $60K, traders are concerned about the potential for further declines, with some forecasting a drop to $54,000. The crypto market has felt the brunt of this volatility, and many wonder if Bitcoin can rebound or if further price drops are in store.
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Bitcoin Stumbles at $64K: Macro Forces and Investor Caution Keep Price Growth in Check

Bitcoin faces resistance at $64,000 amid rising stocks, stronger US dollar, and investor risk aversion as geopolitical uncertainty and macroeconomic factors take center stage.

Bitcoin has struggled to break past the $64,000 resistance, driven by investor risk aversion amid macroeconomic uncertainty and strong stock market performance. Despite a brief rally, Bitcoin remains pinned below this key level as traders prioritize cash and equities over the crypto asset.
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Bitcoin ETFs See Over $500M Inflows as BTC Surges to $66K – Biggest Day Since June

Bitcoin ETFs in the US saw $555.9M in inflows on Oct. 14, the largest in four months, as Bitcoin hit $66,500. Institutional investors fuel continued growth.

On October 14, Bitcoin exchange-traded funds (ETFs) in the United States witnessed their largest single-day inflow in over four months, with a staggering $555.9 million flowing into 11 Bitcoin ETFs. This massive inflow coincided with Bitcoin reaching a two-week high of $66,500, highlighting renewed investor interest. Notably, institutional investors and financial advisers are driving this surge, further solidifying Bitcoin’s role in mainstream finance.
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Bitcoin Dominance Hits 60% as Altcoin Markets Struggle to Keep Pace

Bitcoin's market share surged to its highest since April 2021, hitting 60% amid muted altcoin activity. Will BTC continue its dominance or is an altcoin season near?

Bitcoin’s market dominance reached a significant milestone, soaring to its highest level since April 2021, as the cryptocurrency topped $67,000. This surge comes as altcoins remain mostly stagnant, raising speculation about whether BTC's dominance will continue or if an altcoin season is imminent.
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https://www.meowdini.news/post/bitcoin-dominance-hits-60-as-altcoin-markets-struggle-to-keep-pace

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Bitcoin Surges Toward $70K as Market Dominance Hits Multi-Year High

Bitcoin's market dominance reaches a 3.5-year high as BTC nears $70K, with investors eyeing further gains amid positive on-chain metrics and ETF inflows.

Bitcoin is climbing toward the coveted $70,000 mark, fueled by increased demand and inflows into U.S. Bitcoin ETFs. Market dominance for the leading cryptocurrency is at its highest level since April 2021, signaling strong momentum as altcoins remain relatively quiet.

Key Points:

Bitcoin Nears $70K: Bitcoin has been climbing steadily in recent weeks, hitting a 10-week high of $67,800…..
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https://www.meowdini.news/post/bitcoin-surges-toward-70k-as-market-dominance-hits-multi-year-high
Arthur Hayes Predicts Bitcoin Surge Amid Middle East Tensions and Rising Energy Prices

Bitcoin prices are set to soar, says BitMEX co-founder Arthur Hayes, if rising oil prices follow escalating tensions in the Middle East. Here's why BTC may pump.

BitMEX co-founder Arthur Hayes believes Bitcoin prices are poised to surge as rising oil and energy prices fuel economic uncertainty. With tensions between Iran and Israel escalating, the possibility of an energy crisis is growing, and Hayes predicts that Bitcoin, like other commodities, will see its value climb as a result.
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https://www.meowdini.news/post/arthur-hayes-predicts-bitcoin-surge-amid-middle-east-tensions-and-rising-energy-prices
Bitcoin's Breakout Moment: Is BTC Ready to Leave Stocks in the Dust?

With technical tools predicting a breakout, Bitcoin's price surge could outpace US stocks. Is BTC about to enter new all-time high territory?

As Bitcoin flirts with the $69,000 mark, financial analysts are turning their attention to its potential to surpass the performance of U.S. stocks. A confluence of technical indicators suggests that BTC may be on the verge of a major breakout, leaving traditional equities behind. With historical trends supporting this bullish momentum, could Bitcoin's moment to shine be here?
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https://www.meowdini.news/post/bitcoin-s-breakout-moment-is-btc-ready-to-leave-stocks-in-the-dust

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Bitcoin ETFs Surge Despite Price Dip as BlackRock Leads With $329M Inflows

BlackRock's Bitcoin ETF tops $329M in inflows on Oct. 21, leading U.S. spot Bitcoin ETFs to a total $294M, as Bitcoin's price dips by 3%. Traders await market correction.

Bitcoin ETFs are once again making headlines, as BlackRock’s iShares Bitcoin Trust (IBIT) recorded a massive $329 million in inflows on Oct. 21, even after Bitcoin’s price dipped by 3%. Total inflows across U.S. spot Bitcoin ETFs reached $294 million for the day, as investors bought into the dip. Despite Bitcoin falling to $66,975, these massive ETF inflows suggest continued investor confidence in the cryptocurrency.
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https://www.meowdini.news/post/bitcoin-etfs-surge-despite-price-dip-as-blackrock-leads-with-329m-inflows

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Trump Victory Could Propel Bitcoin to $92K, Says Analyst

Jeff Park predicts Bitcoin could surge to $92,000 if Trump wins the 2024 US presidential election, marking a critical juncture for the crypto market.

The 2024 U.S. presidential election could be a pivotal moment for the cryptocurrency market, with many analysts predicting a surge in Bitcoin's price following a potential Donald Trump victory. Jeff Park of Bitwise suggests that Bitcoin could rally to $92,000, while other experts echo similar sentiments, forecasting major price jumps for crypto assets if Trump takes office.
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https://www.meowdini.news/post/trump-victory-could-propel-bitcoin-to-92k-says-analyst

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Bitcoin Primed for New Heights: Election Hype and Market Conditions Fuel BTC Surge

Bitfinex analysts predict Bitcoin could reach an all-time high post-election, with “perfect storm” conditions fueling bullish momentum in November.

With the U.S. election around the corner, Bitcoin is showing bullish signs that could push it to record highs. Bitfinex analysts highlight how the combination of election hype, positive sentiment, and a “Trump trade” narrative could create a powerful upswing for BTC in the coming weeks.

Key Points

* Election Momentum: Analysts see the potential for Bitcoin’s price to rise with election outcomes, particularly a Trump victory, which has garnered positive sentiment in crypto markets.


* Recent BTC Rally: Bitcoin’s price recently jumped 4.9%, reaching a near five-month high of $71,086 and approaching its March all-time high of $73,700.
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https://www.meowdini.news/post/bitcoin-primed-for-new-heights-election-hype-and-market-conditions-fuel-btc-surge

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #bullmarket
Latest 'Satoshi' Claim Falls Flat: Stephen Mollah’s Bizarre Bitcoin Origin Story Fails to Convince

Stephen Mollah claims to be Satoshi Nakamoto, Bitcoin's creator, but a London event leaves journalists skeptical and bemused by lackluster evidence.

Stephen Mollah’s bold claim as Bitcoin’s creator, Satoshi Nakamoto, has stirred the crypto community. With an eccentric presentation in London, Mollah attempted to reveal his “true identity” as the Bitcoin founder, but the event left journalists unconvinced and amused.
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https://www.meowdini.news/post/latest-satoshi-claim-falls-flat-stephen-mollah-s-bizarre-bitcoin-origin-story-fails-to-convince

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Altcoin Reckoning: Will History Repeat for a Final Flush Before a Major Bull Run?

A final flush-out for altcoins may be coming as Bitcoin dominance surges. Crypto analysts predict short-term pain but hint at a potential altseason in 2025.

With Bitcoin market dominance reaching a high, altcoins may be set for one last “flush-out” before any chance of substantial gains. Notable analysts are seeing echoes of previous market cycles, suggesting a “final altcoin reckoning” similar to patterns seen in 2019. Could altcoins experience one more tough phase before an explosive recovery?
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https://www.meowdini.news/post/altcoin-reckoning-will-history-repeat-for-a-final-flush-before-a-major-bull-run

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN