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    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

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    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

    The SBA’s live-entertainment bailout was supposed to end two years ago. We still don’t know how $1.5 billion was spent. – Yahoo Home

    $1.5 Billion Live-Entertainment Bailout: Two Years Later, Where Did the Money Go?

    Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd – CDC Gaming

    Top Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, and Boyd Take Center Stage

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

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    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

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    Revving Up The U.S. Technology Engine – Forbes

    More than just a hockey player – Rochester Institute of Technology Athletics

    Beyond the Ice: The Inspiring Journey of a Remarkable Athlete from Rochester Institute of Technology

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

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Top Altcoins to Watch as Bitcoin Price Rises Above $51,500

February 14, 2024
in Business
Top Altcoins to Watch as Bitcoin Price Rises Above $51,500
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The past few days have been a rollercoaster of emotions for crypto traders as heightened volatility spiked speculation and greed. After Bitcoin price teased $50,000 for the first time on Monday, heavy liquidations were reported on Tuesday, fueled by high-impact news from the United States.

Notably, economists led by veteran trader Peter Schiff believe the high US dollar inflation is here to stay, and investors should embrace the issue. Nevertheless, the high crypto cash inflow of over $600 million in the past 24 hours shows investors fleeing to Bitcoin and crypto assets to hedge against the high inflation.

Bitcoin Pump Triggers Possible Crypto Super-Cycle

The price of Bitcoin has responded to the US Fed’s failure to tame high inflation by a rejuvenating rebound to a fresh yearly high of above $51,500.

With Bitcoin’s fourth halving about 66 days from happening, it is evident the bulls are well incentivized to reach a new all-time high before the historical event. Moreover, the high demand from institutional investors has heavily outweighed the daily supply from Bitcoin miners. As a result, it is safe to assume the incoming crypto pump will be a historical super cycle, perhaps larger than the 2017 bull run.

#Bitcoin – $BTC is taking a different approach from the previous cycle but it is crucial to confirm this on monthly close.

Historically, 0.618 fib is a critical resistance that has remained strong in pre-halving periods but monthly close above it will alter the cyclical… pic.twitter.com/DDgEiAtOXp

— Mikybull 🐂Crypto (@MikybullCrypto) February 14, 2024

Altcoins to Watch Out 

📊 #Bitcoin is nearing another cross back above $50K, climbing back to $49.8K following the panic drop from yesterday’s disappointing #CPI report. Traders that are attentively positioning their portfolios with the right combination of #altcoins are still profiting as

(Cont) 👇 pic.twitter.com/s6t4UGZ01r

— Santiment (@santimentfeed) February 14, 2024

While Bitcoin price experienced a notable rebound from the recent drop below $49k on Wednesday, some altcoins have been showing early signs of decoupling. Some of the altcoin projects that experienced higher bullish affinity despite the Bitcoin-led retrace included VeChain (VET), Sei (SEI), Bittensor (TAO), and Stacks (STX).

Photo of Zameer Attar

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/price-analysis/top-altcoins-to-watch-as-bitcoin-price-rises-above-51500/

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