Bitcoin hits a new all-time high at $69,170: Will altcoins follow suit?

Key takeaways

  • Bitcoin reached a new all-time high price of $69,170 on Tuesday and altcoins could follow soon.

  • AltSignals’ ASI token is up by 17% in the last 24 hours and could rally higher soon

Bitcoin sets a new all-time high

Bitcoin, the world’s leading cryptocurrency by market cap, has set a new all-time high following its rally on Tuesday. BTC traded at an all-time high price of $69,170, its highest level since November 2021. 

BTC experienced a flash crash following the new record to the $62k region. However, it has recovered and is now closing in on its all-time high price again. At press time, the price of Bitcoin stands at $67,459 per coin. BTC continues to rally ahead of the upcoming Bitcoin halving event. 

AltSignals’ adoption continues as it gets listed on CoinGecko

AltSignals continues to gain more adoption in the market weeks after ending its presale. The project is already benefiting from the ongoing Bull Run and could soar higher in the medium to long term.

A few hours ago, AltSignals was listed on CoinGecko, one of the leading cryptocurrency data websites in the world. This means it is now easy to track ASI’s price, allowing investors to make informed decisions. 

Following the conclusion of its presale, AltSignals is using the funds raised to develop products for its users. AltSignals is leveraging AI and blockchain technology to ease crypto trading and, in the process, help onboard more traders to the market. 

What is AltSignals?

AltSignals is a Web3 project that aims to gain adoption beyond the crypto space. The project provides services to traders in the crypto market and beyond. According to their whitepaper, AltSignals intends to make it easier for traders to have access to trading signals and other resources that would boost their trading strategies. 

The project raised $1.8 million in its presale and is channelling most of the funds towards developing ActualizeAI, an AI solution that will make it easier for people to trade cryptocurrencies and other financial assets. 

ActualizeAI will work 24/7, generating trading signals and helping traders to boost their strategies. Furthermore, ActualizeAI helps eliminate some of the obstacles traders face in the market. 

AltSignals will be leveraging several technologies including blockchain, AI, natural language processing, machine learning, regression, and predictive modelling, to enhance its services. 

AltSignal’s ASI surges by 17% 

The cryptocurrency market has been bullish over the last few weeks and ASI has also been rallying. In the last 24 hours, ASI is up by 17% and is currently trading at $0.00493 per coin. 

With the right level of adoption, AltSignals’ ASI token could be one of the gems of this bullish cycle. ASI is already live on the Uniswap platform and will become available on other decentralised and centralised crypto exchanges in the coming months. 

Should I buy ASI now?

AltSignals’ ASI token is up by more than 20% over the last seven days but still has room for growth.  Its token is already live on Uniswap and will also launch on a few other DEX and CEX in the coming weeks and months. 

Those who missed out on the presale can still purchase ASI at a discount as the coin’s value remains low. However, with the right level of adoption and listing on multiple exchanges, ASI’s value could soar higher in the coming months and years.

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About the Author: Daniel