Crypto markets always favor the persistent investor, with options popping up for new investments that offer tremendous upside potential. If someone misses out on early performers like Cardano (ADA), Bitcoin (BTC), or SHIB, other options emerge, offering similar gain potential.
The latest Bitcoin news is that experts expect another massive BTC price surge. Today’s base BTC price was $103K, while the forecast is $112K to $115K. In addition, market data indicates a significant surge in whale transactions on the Cardano (ADA) network. Analysts reported that over the last 24 hours, there were 687 transactions worth more than $1 million.
This movement suggests a growing interest from major investors in ADA as investors look for other growth options. Other coins are also making the news. Another new coin offering huge gains is IntelMarkets (INTL).
This fast-growing AI gem offers massive growth prospects and novelty. It is a cross-functional project, merging the benefits of AI and blockchains to provide a DeFi trading platform. This presales altcoin is close to its $5 million fundraising milestone, and experts are ready to debut explosively and shake the crypto market.
Cardano (ADA) Whales Snap Up $85 Million
According to reports, whales bought 80 million ADA tokens worth $85.6 million in the past 48 hours. This accumulation activity confirms confidence in ADA’s long-term potential, especially when combined with news of interest from institutional investors indicating a possible price increase.
These developments are also reflected in ADA’s price activity. Over the last week, ADA dropped by about 1% to $1.02. This is attributed to profit-taking after the coin touched the $1.1 level. Over the previous 24 hours, trading volume increased by 21%, hitting $1.73 billion, while ADA’s market capitalization was $35.82 billion.
Technical analysis also supports expectations of a rising market. The daily Exponential Moving Average indicates increased selling pressure, while the weekly and monthly charts indicate a buy signal. The daily and monthly Relative Strength Index is neutral, while the community sentiment is highly bullish.
BTC Price Above $103K as Micro Strategy $1.5 Billion Investment Hits Bitcoin News Headlines
As bullish sentiments continue, Bitcoin’s price is stable, above its new $100K level. This week, the BTC price passed all expectations with flying colors, and it is currently trading at $103,731. As Bitcoin news remains positive, the market cap of Bitcoin skyrocketed to a mammoth $2.05 trillion.
With a recent inflow of institutional investment, Bitcoin news is mainly positive, with the technical supporting its performance expectations. The daily and monthly Exponential Moving Average indicates increased buying pressure, while the daily and monthly Relative Strength Index is neutral. The community sentiment remains bullish.
INTL: 1000x Gains As $5Mn Benchmark Approaches
IntelMarkets (INTL) is an innovative crypto platform that uses AI-powered trading tools to help users develop sophisticated trading strategies, use real-time data analysis features, and quickly run complex transactions in multiple markets.
The combination of AI and DeFi propels INTL into the next generation of trading solutions. Early backers have realized a 400% increase in price, and the IntelMarkets presale is picking up steam. As it nears sellout, the cost of INTL tokens will increase to $0.082 in the next phase. This mechanism rewards those who identify IntelMarkets early, as the price of tokens rises with the growing adoption of INTL.
Conclusion
As the BTC price of $120,000 is on the horizon, Cardano (ADA) maintains its $1 support. The recent Bitcoin news has highlighted the growing interest of retail investors in the crypto space.
IntelMarkets (INTL) offers users a new perspective on crypto trading, combining cutting-edge AI technology with DeFi innovation. For people looking for a cryptocurrency with enormous growth potential, IntelMarkets’ AI-powered platform is set to revolutionize the trading industry and become the best crypto to invest in this December.
To learn more about the IntelMarkets platform, visit the presale or Join the INTL community.
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