Global #Bitcoin

Bitcoin (BTC) has been on a downward trend since April, as observed in higher timeframe charts, particularly the weekly. However, the daily timeframes have shown considerable volatility, marked by notable price surges, such as the impressive 22% rally in July, which saw BTC climb from $56,000 to $68,000.

This past week has witnessed a notable surge in altcoin performance alongside Bitcoin (BTC), leading to an increase in the Altcoin Season Index, which has risen to a two-month high of 45, according to Blockchain Center.

With the U.S. presidential election just months away, Bitcoin enthusiasts are buzzing with speculation about who will emerge victorious. Many believe that Donald Trump, with his vocal support for the cryptocurrency sector, is the likely candidate to drive pro-crypto policies.

As the crypto market buzzes with predictions for 2025, XRP stands out as a focal point, especially with experts forecasting a significant price increase driven by Bitcoin’s anticipated bull run.

In the evolving landscape of cryptocurrency, stories of dormant wallets suddenly coming to life capture the imagination of both investors and enthusiasts. Recently, a wallet that originally received its coins through mining on January 30, 2009, made headlines after transferring its holdings.

On September 20, a significant milestone was achieved with the SEC's approval of options trading for BlackRock's spot Bitcoin ETF, trading under the ticker IBIT on Nasdaq.