Home > Information news > CNBC Forecasts BTC at $85K, SUI at $4, DOGE at $3, But This $0.08 Altcoin Is the Real Winner

CNBC Forecasts BTC at $85K, SUI at $4, DOGE at $3, But This $0.08 Altcoin Is the Real Winner

Release: 2024/11/01 03:34 Reading: 591

Original author:ItsBitcoinWorld

Original source:https://coinmarketcap.com/community/articles/6723d4c3b64f3e1702881d11

CNBC Forecasts BTC at $85K, SUI at $4, DOGE at $3, But This $0.08 Altcoin Is the Real Winner

Bitcoin Surges, Approaches Record High

In a volatile trading session on Tuesday, Bitcoin (BTC) rallied past $73,000, nearing its historical peak of $73,737 set in March. The cryptocurrency reached a high of $73,562 before retracing slightly, ending the day at $72,261, up 3.40%.

Institutional Interest Drives Growth

Institutional adoption, particularly through Bitcoin ETFs introduced in January, has fueled the recent surge. Last week alone, nearly $1 billion entered funds tied to BTC, indicating strong institutional confidence in its future value according to CoinShares.

Bullish Signals for SUI and Dogecoin

Alongside Bitcoin, Dogecoin (DOGE) and SUI are also showing bullish momentum. SUI has surpassed Ethereum and Solana in inflows, with $24.6 million in the past 24 hours. Its technical chart indicates a "Cup and Handle" pattern, suggesting potential for further upward movement.

Dogecoin has gained over 8% since Tuesday, reaching an annual high. A recent price forecast predicts a surge in 2024, with a high estimate of $0.2 and an average of $0.110.

DTX Takes the Spotlight

Amidst the crypto market's excitement, DTX Exchange (DTX) stands out as a highly anticipated presale for 2024. With its revolutionary technology and scalable infrastructure, DTX empowers traders to leverage over 120k assets with unparalleled leverage, risk assessment, and sophisticated automation.

The project has gained prominence following the launch of its hybrid layer-1 VulcanX and a non-custodial wallet named Phoenix. Its KYC-free verification mechanism adds to its appeal.

Learn More:

  • Buy Presale
  • Visit the DTX Website
  • Join the DTX Community

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