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Crypto Price Update: Top 6 Cryptocurrency Updates

Crypto Price Update: Inflows into crypto resumed with $103m over the last week

Crypto price update: During December 18-24, crypto products saw a $103 million influx, led by Germany, Canada, and the USA, with Bitcoin attracting $87.6 million. Ethereum followed with a $7.9 million influx. Despite a $16 million outflow from crypto products, market trading remained high at $3.6 billion, with Bitcoin-focused products experiencing significant withdrawals.

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Solana’s Price Rally Elevates It to Fourth Position

Solana (SOL) has recently surged by 7.49% in 24 hours, reaching $120.18, reflecting its high throughput and scalability. Its market capitalization now surpasses Binance Coin at $48.79 billion. Despite bullish trends, technical analysis suggests potential challenges, with key resistance at around $130 and support near $100.

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Crypto Price Update: Why is Solana (SOL) price up this week?

Solana’s (SOL) 60% price jump to $118 is attributed to Ethereum’s rising gas fees, prompting users to seek lower-cost blockchains. Solana’s active addresses grew by 400% in three months, aided by airdrops like Bonk memecoin. Institutional inflows into Solana funds also surged, indicating growing investor confidence in its ecosystem.

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BTC price up 160% in 2023 — 5 things to know in Bitcoin this week

As 2023 ends, Bitcoin (BTC) tests crucial support near $43,000, capping a year with over 160% growth. Technicals suggest possible sell-off risks, while network milestones like record hash rates signal robust health. Traders eye the $43,000 level and upcoming events like the U.S. ETF decision and block halving with interest.

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Searches for ‘AI’ on Google smashes Bitcoin and crypto this year

Google Trends data shows a marked shift in user interest from Bitcoin and crypto towards AI, especially after OpenAI’s ChatGPT launch in November 2022. Worldwide, AI now scores 91 against Bitcoin’s 22 in Google Trends, indicating a growing fascination with AI technologies over cryptocurrency in 2023.

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Cardano Price Prediction: What to Expect from ADA’s Price in 2024?

As of December 26, 2023, Cardano (ADA) has seen a recent increase, with a price history marked by volatility. ADA’s price predictions for 2024 range from a low of $0.5726 to a high of $3.20. Predictions for 2025 and 2030 suggest continued fluctuations. Cardano’s progress, like its collaboration with Petrobras for blockchain education, may influence future price movements.

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