Cryptonews 11 Nov 2024

Bitcoin Breaks $80K Barrier, Fueling ‘Moonvember’ Rally – Pepe Unchained Nets $26.6M as Whale Buying Spree Intensifies 🚀

Pepe Unchained crypto market Bitcoin

Bitcoin has reached a new milestone, breaking past $80,000, and hitting around $82,000. This marked a significant phase dubbed 'Moonvember' due to the explosive price increase, indicating heightened market optimism.

At the same time, Pepe Unchained, a cryptocurrency, has successfully secured $26.6 million in its presale. This development has further fueled market excitement and bullish behavior among investors.

The market sees a significant whale buying spree, contributing to the elevated sentiment, while the Greed and Fear Index indicates increasing 'extreme greed', suggesting a highly optimistic environment.

Overall, the developments reflect a dynamic phase in the crypto market, attracting attention from various quarters as traditional risk concerns take a back seat amid the bullish sentiment.

Source: cryptonews.com ↗

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