BTC found crucial support around the $67.5k mark as a weekly bull flag might come into play this week. While the world is waiting for the result of the US presidential elections, it is worth noting that the number of transactions on the Bitcoin network on a monthly basis has already reached its all-time high in October, surpassing the 20 million mark.<\/p>\n\n\n\n
Bitcoin is so close to its all-time highs, and has crossed 60% dominance in the market (the first time in close to 4 years).<\/p>\n\n\n\n
Altcoins are not performing well enough, though. While Solana took support at the $160 mark and looks poised to set off on the memecoin mania, ETH is printing higher lows in the daily time-frame with the current big resistance around the $2,650 mark.<\/p>\n","protected":false},"excerpt":{"rendered":"
BTC found crucial support around the $67.5k mark as a weekly bull flag might come into play this week. While the world is waiting for the result of the US presidential elections, it is worth noting that the number of transactions on the Bitcoin network on a monthly basis has already reached its all-time high […]<\/p>\n","protected":false},"author":93,"featured_media":40790,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-42984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=42984"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42984\/revisions"}],"predecessor-version":[{"id":42989,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42984\/revisions\/42989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40790"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=42984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=42984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=42984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}