“Bitcoin BTC Climbed Back Above $ 104,000 On Tuesday with Welcome Fresh Inflation Data, President Trump’s Bullish Outlook on Financial Markets, an Amonbase. Advance.april’s Consumer Price Index (CPI) Came in Cooler than Anticipated, Which May Allay Pressure on the Federal Reserve Anxious About Inflation Due to Tarifs. Fed Chair Jerome Powell’s Schelyled Speech on Thursday Coulday: Markets “Could Go a Lot Higher,”. Bitcoin (BTC) Nearly Touched $ 105,000 Before Pulling Back, AT Press Time Trading 2.4% Higher Over The Past 24 Hours at AROUND $ 104,400. MOST ALTCOINS IN THE COINDESK 20 INDEX OUTPERFORMED. Ethereum’s Ether Eth Continued ITS Resurgence Advance Over 9% to $ 2.700. Resting protocol eigenlayer’s governance token eigen and decentralized Finance (Defi) Protocol Etherfi’s Native Token Ethfi More than 20-30% Daily Gains.Stacks.Stack S&P 500 UP 1.6% and 0.75%, Respectively, at the Session Close. Nasdaq-Listed Crypto Exchange Coinbase (Coin) Surged 24% During the Day As The Stock Is Set to Benefit From Being Included in The S&P 500 Index. The CHANGE COULD UNLEASH $ 16 Billion in Buying Pressure for Shares, Jefferies Forecasted.Joel Kruger, Market Strategist at Lmax Group, Said That Crypto Loly. Further Momentum. “Currently, the Market Appears to be paving for Breath, Yet the Prevailing Sentiment in Recent Headlines Suggests This Rally Rally Growing Number of Institutional TailWinds. “One Notable Factor is the IncreASING MAINSTREAM ADOPTION OF Cryptocurrency, As EvidenCed by Developments in Us Financial Markets. Coinbase’s Inclusion in the S & P 500 Marks A HISTIK First Crypto-Native Company to Join This Prestigious Index, ”Kruger Said.he Also CITED IMPROVING SENTIMENT AROUND REGULATION. SEC Chair Paul Atkins have Pledged to Make the Us a Hub for Cryptocurrency Innovation, WHICH KROUGER BELIEves Could Unlock A New Wave of Institute Interest IFLOWED Senior Director at Trading Firm WinCent, Echoed that View, Saying That While Altcoins Are Tracing The Broader Rally, Institutional Capital Is Likely to Become More Selective. “This Evolving Landscape Appears to be Laying The Groundwork for Increated Institutional Participation,“ He Said in A Telegram Message. “The More Resilient Altcoin Projects Could Benefit, While Weaker Ones May Gradual Phase Out.” Noted that Neutral Funding Rates and Stable Trading Volumes Show No Signs of Market Froth.However, BTC Is Facing Resistance at ARUOUND The $ 104,000- $ 106,000 Zone, Making A Short Level at around $ 98,000, they added. Above $ 100,000, “Bitfinex Analysts Wrote.Zooming Out for the Next Months, Bitfinex Analysts Said Medium and Long-Term Setups Remain Decisively Bullish, Setting A $ 150.000- 2025-2026. “WitH Sovereign and Institutional Adoptation Advanceing, Etf Rails Expanding Globally, and The Us Framing Crypto Policy More Positively, BTC Is Evolving Into A Global Macro Resp.”, – WRITE: www.coindesk.com
April’s Consumer Price Index (CPI) Came in Cooler than Anticipated, Which May Allay Pressure on the Federal Reserve Anxious About Inflation Due to Tariffs. Fed Chair Jerome Powell’s Schereduled Speech On Thursday Could Provide Further Policy Guidance.
The Upbeat Mood Was Further Lifted by Donald Trump, Who Told Atendees at the Saudi – Uus Investment Forum in Riyadh that Markets “Could Go A Lot Higher,”.
Bitcoin (BTC) Nearly Touched $ 105,000 Before Pulling Back, AT Press Time Trading 2.4% Higher Over The Past 24 Hours at At AUND $ 104,400. MOST ALTCOINS IN THE COINDESK 20 INDEX OUTPERFORMED. Ethereum’s Ether Eth$ 2,679.86 Continued ITS Resurgence Advance Over 9% to $ 2.700. Resting Protocol Eigenlayer’s Governance Token and Decentralized Finance (Defi) Protocol Etherfi’s Native Token Ethfi$ 1.37 BOOKED more than 20-30% Daily Gains.
Coindesk 20 Index (Coindesk Indices)
Stocks Added to Their Recent Gains, with The Nasdaq and S&P 500 UP 1.6% and 0.75%, Respectively, at the Session Close. Nasdaq-Listed Crypto Exchange Coinbase (Coin) Surged 24% During the Day As The Stock Is Set to Benefit From Being Included in The S&P 500 Index. The Change Cold Unleash $ 16 Billion in Buying Pressure for Shares, Jefferies Forecasted.
Joel Kruger, Market Strategist at Lmax Group, SAID THAT The Crypto Market is Still Digesting Last Week’s Gains, But The Rally Has Further Momentum. “Currently, The Market Appears to be paving for Breath, Yet the Prevailing Sentiment in Recentment Headlines Suggests This Rally Still Has Room to Grow,“ Kruger Said.
He Pointed to A Rebound in Global Risk Appetite and A Growing Number of Institutional TailWinds. “One Notable Factor is the IncreASING MAINSTREAM ADOPTION OF Cryptocurrency, As EvidenCed by Developments in Us Financial Markets. Coinbase’s Inclusion in the S & P 500 Marks A HISTIK First Crypto-Native Company to Join This Prestigious Index, ”Kruger Said.
He Also CITED IMPROVING SENTIMENT AROUND REGULATION. SEC Chair Paul Atkins have Pledged to make the us a Hub for Cryptocurrency Innovation, WHICH KROUGER BELIEves Could Unlock A New Wave of Institute Interest IFLOWING.
Paul Howard, Senior Director at Trading Firm WinCent, Echoed That View, Saying That While Altcoins Are Tracing The Broader Rally, Institutional Capital Is Likely to Become More Sele. “This Evolving Landscape Appears to be Laying The Groundwork for Increated Institutional Participation,“ He Said in A Telegram Message. “The More Resilgent Altcoin Projects Could Benefit, While Weaker Ones May Gradually Phase Out.”
New BTC Record Next Month?While bitcoin is less 5% from it january record prices, Bitfinex Analysts Noted that Neutral Funding Rates and Stable Trading Volumes Show no sigins of marketer, bte .However, bt. $ 104,000- $ 106,000 Zone, Making A Short-Term Consolidation Likely with Key Support Level at AT AROUND $ 98,000, They Added. “BTC HAS MOVED UP Sharply in The Past Few Weeks And. Meaning A New All-Time High Could Be Delayed to June As Supple/Demand Stabilises Above $ 100,000, “Bitfinex Analysts Wrote.
Zooming Out for the Next Months, Bitfinex Analysts Said Medium and Long-Term Setups Remain Decisively Bullish, Setting A $ 150,000- $ 180,000 Price Target For 2025-2026.
“Bitcoin’s Long-Term Outlook Is The Strongest It Has Ever Been,” They Wrote. “WitH Sovereign and Institutional Adoptation Advanceing, Etf Rails Expanding Globally, and The Us Framing Crypto Policy More Positively, BTC Is Evolving Into A Global Macro Resp.
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