\n\t\t\t\t\t\t\t\t\tAI coins are soaring as Bitcoin trades flat for the past 24 hours in the face of rising US stock markets. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s price has failed to resume its rally, and it appears that the market has calmed down, or rather stalled, at about $77,000. This comes as legacy products like the S&P 500 continue to reach new all-time highs.<\/p>\n
Elsewhere, some altcoins are having a field day, with Worldcoin (AI) \u2013 a project associated with the founder of OpenAI, Sam Altman \u2013 exploding by 25% daily.<\/p>\n
Hopes for Bitcoin Price Rally Fade<\/h2>\n
At the time of this writing, Bitcoin\u2019s price is trading at slightly below $77,000. The cryptocurrency is down 0.6% for the past 24 hours and mostly flat for the week. This comes after a relatively calm 24 hours, during which BTC oscillated between $76.5K and $77K.<\/p>\n
It remains<\/a> in correction mode, with price trending below the descending 200-day moving average near $80,000 and continuing to struggle to regain bullish momentum. After being rejected in the $82K area recently, BTC has returned to the support zone between $74K and $75K, where we see a convergence of prior demand, local lows, and the 100-day moving average.<\/p>\n All of this comes amid rising stock market prices and tumbling oil, which just returned to $90 per barrel \u2013 a level we hadn\u2019t seen in the past 20 days.<\/p>\n It\u2019s interesting to see how Bitcoin will fare in the current geopolitical environment, which is largely shaped by the war between the US, Israel, and Iran.<\/p>\n Large-cap altcoins such as ETH, BNB, XRP, SOL, TRX, and others remain largely flat for the day, with movements in the -0.5% to +0.5% range.<\/p>\n That said, AI-associated altcoins marked a notable move throughout the past 24 hours, with Sam Altman-related Worldcoin (WLD) up 28% so far. This brings its total gains to 60% for the week. The coin is followed by Render, up 16%, and the Artificial Superintelligence Alliance (FET), up by the same amount.<\/p>\n This could be a beta trade in an AI-oriented infrastructure play against the popular DRAM ETF, which became the fastest-growing ETF in history, as reported<\/a> by CryptoPotato yesterday.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/a>
Worldcoin Leads Altcoin Markets, Soars 25% Daily<\/h2>\n
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