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Category Archives: Cryptocurrency

Bitcoin stays above $104k as Fed leaves interest rate unchanged

Key takeaways BTC continues to trade above the $104k level despite the ongoing Middle East crisis. The U.S. Federal Reserve left interest rates unchanged but expects inflation to decline in the coming months. Federal Reserve leaves interest rates unchanged The major financial news of the

Bitcoin trades near $105K amid low volatility; analysts offer mixed outlooks

Bitcoin (BTC) trades around $104.5K, down 2% weekly, amid market uncertainty and Mideast tension fears. CryptoQuant warns BTC could revisit $92K or $81K if demand keeps falling. Glassnode sees “quiet” blockchain as network maturation, with institutions driving large-value transfers. Bitcoin (BTC) is trading steadily above

Truth Social files for a Bitcoin and Ethereum ETF

Truth Social has filed for a Bitcoin and Ethereum ETF with the US SEC. The Truth Social Bitcoin and Ethereum ETF will offer combined exposure to BTC and ETH in one product. The move marks Truth Social’s bold entry into digital finance. Truth Social has

Bitcoin trades around $105K amid Middle East tensions: what’s next?

Bitcoin (BTC) trades around $105K, stuck in a range due to Israel-Iran conflict uncertainty. BTC options show decisive flip to puts, signaling heightened investor anxiety and downside hedging. Despite near-term jitters, Bitcoin’s current cycle gain of 656% is impressive given its larger market cap. Bitcoin

Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

Ether (ETH) at $2,770, up nearly 11% this month, outperforming Bitcoin’s (BTC) 5% rise. ETH (45.2%) now overshadows BTC (38.1%) in trading volume on OKX’s perpetual futures market. Despite BTC volatility, institutions are “buying the dips,” with long-term holder supply growing, per Glassnode. As Asian

XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

RSI remains above 50, indicating bullish momentum. Resistance targets include $2.38 and $2.50. A drop below $2.20 could invalidate the current rally. XRP appears to be aligning itself closely with Bitcoin’s performance, as fresh data shows a 0.91 correlation between the two cryptocurrencies. With Bitcoin

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