Bitcoin

[LIVE] Crypto News Today, October 6 – Bitcoin USD Price $124K, Is XRP Finally Ready To Hit $4? BNB Sets New ATH: Best Crypto To Buy?

[LIVE] Crypto News Today, October 6 – Bitcoin USD Price $124K, Is XRP Finally Ready To Hit $4? BNB Sets New ATH: Best Crypto To Buy?

[ad_1]

Bitcoin





Bitcoin

Bitcoin





0.90%



continues to command market consideration, holding agency round $124,000, slightly below its latest all-time excessive. With Ethereum





Ethereum

Ethereum





0.82%



buying and selling above $4,560 and ETF inflows hitting file ranges, momentum throughout the crypto market stays strongly bullish. Many merchants are actually scanning for the very best crypto to purchase as Bitcoin consolidates and altcoins start to indicate renewed power.

Based on Coinglass, almost $428 million in positions had been liquidated over the previous 36 hours — $186 million from longs and $243 million from shorts — underlining the rising volatility as costs take a look at key resistance zones.

CoinglassCoinglass
(Supply: Coinglass)

BNB Breaks Into Worth Discovery With New All-Time Excessive

In the meantime, BNB





BNB

BNB





2.67%



has surged previous $1,200 to set a brand new all-time excessive, reaching $1,214.42 with a 3.47% day by day acquire, in keeping with Binance market information. Regardless of this rally, Coinglass reported about $256 million in market-wide liquidations — together with $177M in longs and $79.11M in shorts — exhibiting that leverage stays elevated.

Additionally, Mantle (MNT) has hit a brand new ATH at $2.16. Clearly, BNB’s transfer reinforces investor confidence in exchange-based tokens.

 EXPLORE: Greatest New Cryptocurrencies to Put money into 2025

Greatest Crypto To Purchase As Bitcoin Eyes $125K Breakout – Is XRP Lastly Prepared To Obtain $4?

As Bitcoin steadies slightly below $125K, merchants are searching for the very best crypto to purchase earlier than the following market leg greater. XRP stays a key focus: it solely wants a 12% rise to interrupt its earlier ATH close to $3.84. Nevertheless, some holders categorical frustration that XRP hasn’t but joined the rally, at the same time as Bitcoin and BNB hit new peaks.

Nonetheless, chart patterns recommend XRP may very well be getting into a Section 4 breakout zone, doubtlessly focusing on $4–$6 if momentum continues. With ETFs driving institutional demand and altcoins beginning to rotate upward, main property like Bitcoin, BNB, and XRP could outline the following section of this bull cycle.

Hong Kong SFC Chief Julia Leung Secures New 3-Yr Time period as Metropolis Expands Crypto Regulation

Fatima

By Fatima

Bloomberg studies that Julia Leung, CEO of Hong Kong’s Securities and Futures Fee (SFC), is poised to obtain a brand new three-year time period as head of the regulator. Since taking the helm in 2023, Leung has overseen a surge in IPO exercise, tightened regulatory oversight, and pushed expanded frameworks for crypto property.

Her continued management indicators Hong Kong’s ambition to bolster its position as a significant world buying and selling hub whereas advancing digital asset regulation.

Why you’ll be able to belief 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s group members have been crypto specialists since Bitcoin’s Early days.

90hr+

Weekly Analysis

100k+

Month-to-month readers

50+

Skilled contributors

2000+

Crypto Initiatives Reviewed

Google News IconGoogle News Icon

Observe 99Bitcoins in your Google Information Feed

Get the most recent updates, developments, and insights delivered straight to your fingertips. Subscribe now!

Subscribe now

Fatima

Fatima is a rising crypto journalist with a pointy eye for hidden gems and technical evaluation. When she’s not charting the following huge breakout or diving into onchain information, a agency believer that alpha is the place you least count on it,…
Learn Extra



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *