Altcoin News Daily Official TheBitTimes.com

The cryptocurrency market saw a spectacular change this month. This noteworthy development saw Ethereum, the second-largest cryptocurrency by market cap, moving ahead in stealth mode, carving its path after staying sluggish for months. ETH has noted a massive price jump this July, fueling new hope and enthusiasm for ETH bulls to bank on. With increased investor and institutional interest, will ETH continue to surge higher in August? If yes, how high can it truly go? Let’s find out. Also Read: Ethereum’s 10-Year Anniversary: Price Forecast for Next 10 Years Ethereum: The Latest Star of the Market Source: Watcher Guru Ethereum is currently leading the crypto market evolution as of now. Per the latest CoinMarketCap data, ETH is currently trading at $3861, up 57% in the last month. The token has gained a tremendous leap, breaking away from resistance prevalent at various $2K+ price levels. $ETH went up 55% in July. This has been by far its best monthly performance in 3 years. pic.twit...

Bitcoin’s (BTC) technical indicators suggest the maiden digital currency is likely to hit a new all-time high of around $130,000 in the coming weeks. This comes as Bitcoin attempts to reclaim the $110,000 level, which has acted as a major resistance point in recent sessions. As of press time, BTC was trading at $108,118, up 0.5% in the past 24 hours and nearly 1% over the past week. Bitcoin seven-day price chart. Source: Finbold For the price outlook, Analysis by TradingShot , in a TradingView post on July 5, highlighted that Bitcoin is flashing a strong bullish signal after completing a golden cross on the four-hour chart. The cryptocurrency is now holding above its four-hour 50-period moving average (MA), a key support level that, if maintained, could fuel a sharp rally. According to TradingShot, the current setup mirrors Bitcoin’s April–May rally, when a similar channel up pattern peaked near the 2.618 Fibonacci extension. The fractal shows the same serie...