The cryptocurrency saw a late-Christmas rally as Bitcoin surged from $93.6K to surpass $99K during Tuesday’s late session.
While the global crypto market capitalization increased by 4.46% to $3.41 trillion, Bitcoin and iDEGEN Dominating trend.
FARTCOIN has attracted attention with its explosive surge within the last 24 hours.
The token rose from a low of $0.7576 to $1.2676 – a remarkable 67.33% increase.
AI crypto project iDEGEN receives continued investor support, with its presale reaching $9 million after selling over 1.1 billion tokens.
Bitcoin’s Christmas Rebound
Recently, there was a sudden rise in Bitcoin and it jumped from the low of $93,690 to reach $99,400.
The bellwether crypto changed hands at $98,009 at the time of publication.
However, Bitcoin’s trading volume has fallen by 25% in the past day to $43.92 billion.
The lackluster 24-hour trading volume highlights the weakness in the asset’s rebound.
Additionally, the data showed that net inflows of Bitcoin exchange-traded funds on Tuesday were $338.4 million.
This marks the fourth consecutive outflow from the Spot BTC ETF, indicating negative sentiments within the market.
However, experts are confident of Bitcoin’s performance in the coming weeks and months, citing crypto-supporting President Donald Trump.
Some believe that BTC will trade within the 100,000 – 150,000 range after Trump’s inauguration.
price of #bitcoin It is expected to reach a channel between $100,000 and $150,000 after January 20, 2025.
Fartcoin price increased by 67%
While cryptocurrencies surged during Christmas, Bitcoin outperformed with a price increase of over 67% over the past day.
FARTCOIN bounced from yesterday’s low of $0.74 to cross $1 and touch the $1.20 mark.
Growing demand and heightened sentiment contributed to the meme token’s rally.
Sentiment data shows that FARTCOIN’s weighted sentiment is back in positive territory after reaching negative territory on December 22.
Furthermore, Chaikin Money Flow confirmed the demand revival.
The indicator measures cash flows in and out of an asset, helping to identify distribution (selling) and accumulation (buying) levels.
A rising CMF indicates an improvement in buying momentum, while a falling CMF indicates selling pressure.
FARTCOIN exhibits a healthy uptrend in this indicator, indicating money inflows into the ecosystem of meme tokens.
Fartcoin trades at $1.20, and bulls aim for higher gains.
The SOL-based meme could jump to $2 before gaining momentum towards $1.30.
AI token iDEGEN gains momentum
iDEGEN is a new project that aims to transform the crypto market with AI.
The digital platform has created a stir in the crypto sector, with huge investor confidence indicating confidence in its future.
iDEGEN has sold more than 1.1 billion tokens four weeks after its presale launch, raising more than $8.9 million.
The meme token positions itself for remarkable performance after its official launch in January 2025.
iDEGEN went viral because of its unique approach.
The AI coin uses the crypto community on X, formerly Twitter, to access data, learn various topics, and then post on X every hour.
Interestingly, the price of iDEGEN will fluctuate based on X activities.
The altcoin trades at $0.0609 at the time of publication and looks poised for explosive gains following its January launch.
You can learn more about iDEGEN Here,
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