2024

United

Bitcoin

when

<p>Week 42 of 2024 was marked by significant movements in the crypto market. Bitcoin experienced a slight increase, while altcoins showed varied performances. Macroeconomic events and technological advances played a crucial role in these fluctuations.</p> 
<h2 id="h-bitcoin-on-the-rise-while-altcoins-disappoint">Bitcoin on the rise while altcoins disappoint!</h2> 
<p>Last week was marked by significant movements in the crypto market. The price of Bitcoin saw a slight increase of 4%, rising from $57,000 to $59,000, after a period of relative calm. According to Bitvavo, this increase was mainly attributed to a recovery in investor confidence and positive developments in the technology sector. However, altcoins showed varied performances, with some recording notable gains while others stagnated or even retreated.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>Bitvavo also highlights the importance of macroeconomic events and regulatory announcements that influenced the sentiment of the crypto market this week. In particular, discussions around monetary policies in the United States and technological advances in the field of artificial intelligence played a crucial role in price fluctuations.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noreferrer noopener">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<h2 id="h-what-to-do-when-you-are-a-beginner">What to do when you are a beginner?</h2> 
<p>Although Bitvavo’s analyses are accurate, the platform is especially ideal for beginners who want to invest in Bitcoin and altcoins. With an intuitive user interface and competitive transaction fees, Bitvavo makes entry into the crypto world easier. Users can easily buy, sell, and securely store their digital assets.</p> 
<p>Moreover, Bitvavo offers educational resources and responsive customer support to help new investors navigate the complex cryptocurrency market. With its advanced features and user-friendly approach, Bitvavo is an excellent option for those starting out in Bitcoin and crypto investment.</p> 
<p>Finally, Bitvavo’s analysis for week 42 of 2024 highlights the current dynamics of the crypto market and emphasizes the importance of staying informed <a href="https://www.cointribune.com/en/china-the-new-support-measures-deemed-unacceptable-is-the-worst-to-be-feared/" target="_blank" rel="noreferrer noopener">about economic and technological developments</a>. For those wishing to venture into crypto investment, Bitvavo offers an accessible and secure platform to invest confidently in Bitcoin and altcoins.</p>

Bitcoin Surge! Why Are Altcoins Not Following?

Table of Contents

Cointribune EN

Other articles published on Oct 17, 2024

Analysts Warn! Big Moves May Occur in These Two Popular Altcoins Ahead of the US Elections!

Binance vs. SEC: U.S. Court Confirms Key Focus Areas for Investigation

FTX Clears Path to Repay Customers: A $16 Billion Crypto Comeback

Here’s Why Injective (INJ) Price Could Rally to $52

Ripple News: Did SEC Miss the Appeal Deadline or Not? XRP Price Reacts

Top Upcoming Tokens to Unlock This Week with Big Market Potential

Join our free newsletter for daily crypto updates!