Bitcoin (BTC) Reaches $65,000 as Altcoins Outperform
TL;DR Bitcoin surpassed $65,000, reaching around $65,540.40, driven by interest rate cuts in the US and stimulus measures in China. Ethereum also showed significant growth, reaching
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR Bitcoin surpassed $65,000, reaching around $65,540.40, driven by interest rate cuts in the US and stimulus measures in China. Ethereum also showed significant growth, reaching
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TL;DR Bitcoin has regained its short-term cost basis ($61.9k) and is approaching the 200-day moving average ($63.9k) following the 0.50% rate cut by the Federal Reserve.
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