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Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas

AMBCrypto LogoAMBCrypto12h ago

Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas - AMBCrypto

Quick Summary:

Bitcoin's FOMO has been strong in the last two weeks as active addresses surged, but sell pressure has also intensified.

It recently peaked at $89,940 during the trading session on the 12th of November and has since demonstrated some bullish exhaustion and some sell pressure.

The number of active addresses was as low as 766,947 on the 3rd of November, but it has rallied to over 1.18 million addresses as of the 12th of November.

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Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas - AMBCrypto (Picture 1)Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Michael Nderitu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 21:00:34 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23576282

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas" has 526 words across 27 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Bitcoin FOMO on the rise as BTC’s $100K hopes rise – Affects 2 key areas" was covered 12 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 19 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23576282
  • URL: https://beamstart.com/news/bitcoin-fomo-on-the-rise-17315321748115

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