Bitcoin is correcting after a big announcement from Michael Saylor and facing crucial resistance at $51,000.

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The Lake County treasurer plans to HODL the crypto campaign donations in the hopes of a significant price rally for cryptocurrencies.

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Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA.

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Even with Wednesday’s pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains bullish.

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Forecasts for the short term include a deeper dive toward $40,000 but also an imminent surge back above the $50,000 mark.

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Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hits a new all-time high.

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Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market.

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LINK price is struggling to maintain its bullish momentum, but derivatives data shows a clear path to $40 in the long term.

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Crypto markets sold off on Thursday, but data from Cointelegraph Markets Pro shows COTI and CFX rallied after new exchange listings.

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As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto.

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Historical market patterns suggest that the time could be ripe for altcoins to surge.

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Newly launched incentive programs and protocol upgrades were followed by 50% rallies in CELO, FTM and KP3R.

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Bitcoin’s consolidation near $50,000 reflects a steady market, and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ.

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Bitcoin and select major altcoins are still facing selling at overhead resistance levels, indicating that the next leg of the uptrend may have to wait.

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MTL, RGT and KSM post gains in excess of 36% after the ETH/BTC pair turned bullish and Bitcoin price trades in a range-bound pattern.

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