“Cosmos Token Shows Mixed Signals as Circle Prepares for $ 7.2b Nyse Valuation Amid Regulatory Developments.”, – WRITE: www.coindesk.com
Cosmos Token Shows Mixed Signals as Circle Prepares for $ 7.2b Nyse Valuation Amid Regulatory Developments.Updated Jun 3, 2025, 3:09 pm Publissed Jun 3, 2025, 3:09 pm
Geopolitical Tensions and Evolving Trade Policies Continue to Shape Cryptocurrency Markets as Stablecoin Giant Circle Prepares for Itmark NYSE LISTING. S
The Company Begind USDC Has Increated Both Share Count and Price Range, Signaling Strong Institutional Confidentnce in The Stablecoin Sector Despite Ongoing Regulatory Uncertain.
Meanwhile, Industry Associations Have Issued A Joint Statement URGING LAWMAKERS TO MAINTAIN FOCUS ON CREATING Comprehension Stablecoin Oversight Witting.
Atom Has Showed Mixed Signals to The News, Rising by 5% Before Forming A Bearish Pattern Known As A Head-Aand-Shoulders Pattern.
Technical Analysis Highlights
- Atom-USD Demonstrated Significant Bullish Momentum Over 24 Hours, Surging from $ 4.307 to $ 4.532, Representing A 5.22% Range.
- Price Action ForMed a Clear Uptrend with Higher Lows and Highher Highs Between 20: 00-01: 00, Breaking Through Key Resistance at $ 4.42 With Above-Aversae.
- Strong Support Establized at $ 4.43- $ 4.44 Following the Breakout.
- In the Last Hour, Atom-USD ForMed A Head-Andshoulders Pattern with DecreASING VOLUME on Rebounds, Suggesting Weakening Bullish Momentum.
- Support at $ 4.44 was tested Multiple Times But Ultimately Failed to Hold, Indicating Potential Further Downside IF Bearish Momentum Continues.
Oliver Knight
Oliver Knight is the Co-LEADER OF COINDESK DATA TOKENS AND DATA TEAM. Before joining coindesk in 2022 Oliver Spen Three Years As the Chief Reporter at Coin Riveet. He First Started Investing in Bitcoin in 2013 and Spen A Period of His Career Working at A Market Making Firm in the UK. He does not currently have any crypto holdings.
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