After a tumultuous month, the crypto market has come roaring back. Bitcoin is now approaching $70,000 again, while altcoins like Solana and BSV have posted even greater gains and trading volume is up across the market.
There’s an electric feel in the air—like the market is on the precipice of a massive run. Let’s dive in and take a closer look at some of the biggest gainers heading into this week.
Bitcoin Surges to $70k as Altcoins Post Double-Digit Gains
The biggest winner of the bullish turnaround has been Bitcoin, which surged from a low under $54,000 early in July to a price of more than $69,500 over the weekend.
The biggest crypto’s 29% gain suggests that fears over a flood of BTC from Mt. Gox hitting the market have passed, and traders can get back to talking about the next all-time high.
That might not be far off. At the current BTC price, Bitcoin is just 6.7% below its all-time high of $73,750. The token’s chart has been extremely bullish since early July, indicating it may have enough momentum to push towards a new high.
Meanwhile, multiple Bitcoin-related altcoins are posting double-digit gains. Bitcoin SV is up nearly 18% in the last 24 hours. Bitcoin Cash is up 12%. Even Litecoin, which forked from Bitcoin more than a decade ago, is up 7% in the past day.
All of this is happening at the same time that Bitcoin is taking center stage in the US presidential campaign.
Former President Trump held a crypto-focused rally over the weekend, giving weight to the crypto market’s hopes for a more lenient regulatory environment after the November election.
👀 President Trump Delivers Remarks at Bitcoin Conference in Nashville.
— #𝕎𝕒𝕣 ℍ𝕠𝕣𝕚𝕫𝕠𝕟 (@WarHorizon) July 27, 2024
This might start off a massive crypto rally 🚀 https://t.co/QM23JVq0g1 pic.twitter.com/ncaUThdWwi
That would be a massive boost for the industry. It looks increasingly likely that traders could bid up the price of Bitcoin in anticipation of a coming crypto golden age.
99Bitcoins Raises $2.5M for Explosive Learn-to-Earn Presale
While crypto majors grabbed the spotlight over the weekend, a new altcoin also made a splash. 99Bitcoins, a learn-to-earn token that helps new crypto traders navigate the market, broke through the $2.5 million threshold in its ongoing presale.
99Bitcoins is already one of the largest crypto learning platforms, boasting more than 2.8 million subscribers and nearly 80 hours of educational content. With its new $99BTC token, users will be able to earn crypto every time they complete a course.
There are a lot of benefits to owning $99BTC, including access to exclusive educational content and the ability to stake to earn token rewards. During the presale, early investors in 99Bitcoins can earn 674% APY.
On top of that, $99BTC holders will get access to 99Bitcoin’s crypto trading signals, which stand to be one of the platform’s signature benefits.
The signals will enable 99Bitcoins users to put the crypto trading skills they learn on the platform to the test and find profits in the market.
Crypto analysts are very enthusiastic about $99BTC—Jacob ‘Crypto’ Bury called it the next 10x token. Analysts like Oscar Ramos and ClayBro have also highlighted the 99Bitcoins presale as one investors can’t afford to miss.
The 99Bitcoins presale is currently offering tokens at a discounted price of only $0.00115. But the next price increase is less than 24 hours away, so there’s no time to wait to buy $99BTC.
