“Bitcoin Hoivers Below It Record High Amid EASING HEOPOLITICAL TENSIONS, ETF INFLOWS, AND OPTIMISM FOR STABLECOins.”, – WRITE: www.coindesk.com
Traded AROUND $ 107,000 on Friday as Crypto Markets Took A Breather, with Investors Booking Profits in Majors Like XRP
and Solana’s Sol
Despite Strong Macro Tailwinds.
Xrp Droped Over 4% to Reverse Gains from Earlier in The Week, While Solana Slid 3% to RESTER The $ 140 Support Level. BNB Chain’s Bnb
Dogecoin
Cardano’s Ada
and Eth
Showed Losses Below 2%.
The Slight PullBack Follows a Generally Positive Week for Crypto Majors, Driven by Cooling Inflation Indicators, Diminishing Geoplitical Risks, and Renewed Optimism in asia.
“WE THINK THAT CONDITIONS ARE RIPE for BITCOIN to SURPASS ITS Previos All-Time High of About $ 112,000,“ SAID JEFF MEI, CHEF OPERATING OFFICER AT AT CYPTO. Coindesk.
“ESPECILY GIVEN THAT The ian-israel Conflict Sems to be Over for the Time Being.” EITHER CUT RATES SOON OR BE REPLACED EARLIER THAN EXPECTED, BOTH OF WHICH Wuld Propel Markets Upwards, “Mei Added.
The Remarks Come As Both Traditional and Crypto Markets Digest Signs of Softning Macro Stress. US Inflation Data Last Week Showed Continued Deceleration.
Risk Appetite Across Markets have rebounded quickly. The S&P 500 Hit A New High this Week, and Crypto etf Inflows Remain Firmly Positive – A Trend Market Watchers See As a Key Indicator of Growing Institute Participation.
Meanwhile, The Trump Administration Is Reportedly Considering Reducing Propossed Trade Tariffs to Ease Pressure on Us Businesses, A MOVE THAT COLD LOWER INFLATION AND PROMPT. Expectored.
“AS BITCOIN HOVERS AROUND $ 107K DUE TO GOOPOLITICAL UNCERTAINTY, INSTITATIONS AND INVESTORS KEEP A Bullish Perspective As Crypto EtfLows Remain Positve of osl, in a message to coindesk.
“An Update Further Drives This to Hong Kong’s Regulations on Digital Assets Under Its Policy Statement 2.0, WHICH COULD ENABLE THE TOKENZATION OF REAL-WORLD Assets Hold An Optimistic Outlook as Regulators Continue to Develop Approachies for the Crypto Industry, “Cheung Said.
Hong Kong’s Policy Statement 2.0, Released Earlier this Week, Builds on Its Ambition to Become Asia’s Digital Asset Hub.
The Framework Lays Out Cleerr Paths for Stablecoin Issuers, Tokenization Firms, and Crypto Trading Platforms to Operate Within Regulatory Stance.
Read More: Hong Kong Sets Out Plan to Regulate Crypto, Encouroage Tokenization
Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.
He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.
X Icon
