Altcoin News Official TheBitTimes.com

Bitcoin (BTC) has once again failed to breach the $70,000 resistance zone, exhibiting volatility in the last 24 hours, with the crypto dropping to below $67,000 at some point. Indeed, Bitcoin failed to capitalize on Republican presidential nominee Donald Trump’s bullish sentiments about incorporating the crypto into the United States Treasury. Despite Bitcoin’s short-term price volatility, analysts maintain that the maiden crypto is destined for a new all-time high. Particularly, in an X post on July 27, analyst apsk32 indicated that Bitcoin’s historical price movement models have a target of about $200,000. Picks for you ChatGPT-4o weighs in on BlackRock’s ‘only 2 cryptocurrencies worth buying’ 1 hour ago Opportunity: Ana...

NFT trading volumes peaked at $1.201 billion in February but later entered a downward spiral, crashing to $297 million in September.  The market has reserved the downtrend and experienced a $915 million increase. The newcomer Bitcoin NFTs made a significant share, outranking Ethereum NTFs. In a recent report, the research team at the leading crypto exchange, Binance, disclosed that the NFT market has experienced a sudden break out from a longstanding bearish trend . According to the research, the NFT trading volumes surpassed their previous down trend and experienced a notable month-over-month increase of $915 million in November.  Based on the data from Binance, the last time NFT volumes touched $900 million was in March. Meanwhile, the market had its peak point of the year in the previous month at $1.201 billion. However, following this peak, a downward trajectory ensued, with volumes dropping to approximately $700 million in May.  This bearis...