🌅 Crypto Markets Defy Global Turmoil With Surging Inflows and Bold Moves
⚡ CryptoTrendz - 📌 What’s Buzzing?:
Shiba Inu reserves soared to $929M in a day, while Ethereum jumped 8%, smashing past $2,350. AI’s influence grows as a propaganda tool. Despite tension, Bitcoin hits $106K on ceasefire hopes. Crypto funds see $1.24B inflow, led by BTC and ETH. ✨Here’s an overview:
🔖 Bitcoin and Ethereum Market Trends:
🔹Bitcoin and Ethereum saw $1.24 billion in inflows, highlighting investor confidence despite global tensions (Source).
🔹Bitcoin rebounded to $106K, fueled by Middle East ceasefire news and rate cut expectations (Source).
🔹Bitcoin also led a $15 billion YTD influx in a ten-week fund flow streak (Source).
🔹Analytics firms noted some price concerns, but healthy consolidation was suggested by binary CDD metrics (Source).
🔖 XRP and Altcoin Movements:
🔹XRP Ledger payment volume soared to $682 million amid its price rally (Source).
🔹The XRP price faces a 20% risk of crashing to $1.55 if a key level fails (Source).
🔹XRP is also fighting to stay above the $2 threshold, while Ethereum’s golden cross is debated (Source).
🔹Shiba Inu’s exchange reserves surged to $929 million in just 24 hours (Source).
🔖 Crypto News and Regulatory Updates:
🔹A senator introduced a bill to halt Trump’s crypto activity despite voting to allow it last week (Source).
🔹Pompliano’s crypto firm raised $750M to go public via SPAC (Source).
🔹The Huione marketplace’s demise led to 30 new marketplaces (Source).
🔹Circle stock remains strong even as the crypto market struggles (Source).
🔖 Technical Developments and Analytics:
🔹Ethereum devs are considering halving slot times to six seconds, effectively doubling blocks (Source).
🔹Bitcoin STHs capitulated, with 14,700 BTC moved to exchanges at a loss (Source).
🔹The BNB paradox is highlighted as bearish breakdown meets bullish flag (Source).
🔹Ethereum rallied strongly, clearing $2,350 resistance with an 8% gain (Source).
🔖 Geopolitical and Tech Insights:
🔹Bitcoin, Ethereum, and XRP spiked as Trump announced a ceasefire agreement between Iran and Israel (Source).
🔹Tech may soon verify if Iran’s uranium was destroyed (Source).
🔹AI’s role in propaganda is becoming a potent weapon (Source).
🔹Bitcoin’s price rebounded with a relief rally following reduced global risk (Source).