Future

Bitcoin

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ray-coin-experiences-significant-price-surge-following-future-listings-announcement/" data-wpel-link="internal">RAY Coin Experiences Significant Price Surge Following Future Listings Announcement</a><br></p>
<p style="text-align: justify">The <a href="https://en.coin-turk.com/cryptocurrency-investors-monitor-market-movements/" data-wpel-link="internal">crypto</a> markets have entered a phase where significant news correlates strongly with price movements. In the past two quarters, major announcements often failed to translate into noticeable changes in price charts. However, recent futures listings are now paving the way for double-digit price increases.</p> 
<h2 style="text-align: justify" id="why-is-ray-coin-rising">Why is RAY Coin Rising?</h2> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/crypto-market-seeks-approval-for-1-6-billion-asset-sale/" data-wpel-link="internal">Coinbase</a> Global announced today that it will launch RAY Coin futures on November 14. Following this announcement, the <a href="https://en.coin-turk.com/crypto-market-stumbles-as-bitcoin-leads-the-downward-shift/" data-wpel-link="internal">altcoin</a>‘s price saw a notable increase. The altcoin had already experienced a remarkable 56% surge within just two days, surpassing the gains of most cryptocurrencies.</p> 
<h2 style="text-align: justify" id="market-sentiment-and-future-prospects">Market Sentiment and Future Prospects</h2> 
<p style="text-align: justify">The upcoming listing on November 14 could trigger a second wave of price increases, depending on overall market sentiment. Given the strong expectations for the coming months, it is unlikely that the recent two-day surge will quickly reverse due to significant profit-taking.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404543 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/RAYUSDT_2024-11-07_19-08-15.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">As of the time of writing, Bitcoin is trading at $75,894. Yesterday, BTC reached a peak of $76,400, establishing a new all-time high. Anticipated statements from the Fed in the coming hours may signal shifts in interest rate cuts, potentially increasing market volatility.</p> 
<p>The post <a href="https://en.coin-turk.com/ray-coin-experiences-significant-price-surge-following-future-listings-announcement/" data-wpel-link="internal">RAY Coin Experiences Significant Price Surge Following Future Listings Announcement</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

RAY Coin Experiences Significant Price Surge Following Future Listings Announcement

Table of Contents

COINTURK NEWS

Other articles published on Nov 7, 2024

Polymarket at Risk of Ban in France After 2024 US Election

Along With Bitcoin, These Cryptos Which are Poised to Mark New Highs This Month—Do You Own Some?

Shytoshi Kusama to Vitalik Buterin: 'Wen 10 Minute Discussion?'

ERC-20 stablecoin users sent $9.3b to Binance, Coinbase

Bitunix Responds to Pro Trader Demand with New Copy Trading Feature

Bitcoin, political meme coins explode as Trump wins election race

Join our free newsletter for daily crypto updates!