• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin Surpasses $117,500, Coinbase Announces New Altcoin Treehouse

Bitcoin Surpasses $117,500, Coinbase Announces New Altcoin Treehouse

user avatar

by Giorgi Kostiuk

13 hours ago


Recent Bitcoin price growth has raised concerns among investors. Meanwhile, Coinbase has announced the launch of the new altcoin Treehouse, adding interest to the crypto market.

Bitcoin's Price and Associated Risks

Bitcoin's price has surpassed $117,500, sparking discussions about potential risks. The increased appetite for risk-prone assets reveals their fragility. Federal Reserve Chair Jerome Powell is set to conclude his remarks soon, possibly hinting at a 2025 rate cut timeline.

Coinbase's New Altcoin Treehouse

Coinbase has announced the listing of a new altcoin, Treehouse (TREE), which is also supported by Binance. Despite concerns regarding the timing, this move did not significantly impact the coin’s market price due to its existing recognition and a market cap of $109 million. TREE, with a trading volume of $282 million, is appealing to traders.

Cryptocurrency Market Dynamics

The cryptocurrency market continues to captivate with its volatility and developments, often sparking debates among investors. Discussions surrounding altcoin listings showcase the competitive activity within the digital currency space. While some announcements can lead to notable market changes, recent news had a subtle impact.

Events in the cryptocurrency sector, such as Bitcoin's recent rise and new altcoin announcements, underscore the need for awareness and adaptation to the rapidly changing landscape of digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

World's First On-Chain IPO: Figma Revolutionizes Traditional Finance

chest

Figma has unveiled the world's first on-chain IPO, opening new opportunities for investors and transforming the financial assets market.

user avatarGiorgi Kostiuk

Matrixport's Fear and Greed Index Reaches Peak Levels – What Does This Mean for Bitcoin?

chest

According to Matrixport, the Fear and Greed Index is nearing peak levels, forecasting Bitcoin's consolidation period. Learn more about it.

user avatarGiorgi Kostiuk

Top 3 Altcoins That Could Surpass XRP in 2025

chest

Analysis of XRP and three altcoins capable of outperforming it. We look into Pi Coin, MAGACOIN FINANCE, and Solana.

user avatarGiorgi Kostiuk

MicroStrategy Completes One of the Largest IPOs of the Year, Increasing Bitcoin Holdings

chest

MicroStrategy raised $2.52 billion in an IPO and acquired 21,021 BTC, strengthening its market position.

user avatarGiorgi Kostiuk

JD.com Launches Jcoin and Joycoin Ahead of Hong Kong’s Stablecoin Framework

chest

JD.com has registered Jcoin and Joycoin, preparing for the new stablecoin regulatory framework in Hong Kong.

user avatarGiorgi Kostiuk

XRP: Reliability and Growing Interest in Cryptocurrency

chest

XRP is back on the radar: financial experts view it as a reliable asset, similar to Bitcoin. Details on the recent success of Teucrium Trading.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.