Crypto News Sentiment

Updated: 1 day and 20 hours ago

Crypto sees ENA's impressive 20% surge and potential XRP rally fueled by rate cut hopes! However, Bitcoin struggles near $111K amid US-China trade tensions exposing economic vulnerabilities.
Positive news

Bitcoin Price Struggles

Bitcoin price is struggling to recover above $112,000. It is consolidating and might decline if it moves below $110,800. The price is trading below $111,500 and the 100-hourly Simple Moving Average.

Ethereum Market Update

Ethereum (ETH) is trading at $4,285.10, down -1.03% over the last day. Analysts suggest this short-term cooldown may set the stage for Ethereum’s next big move, driven by whale activity and staking demand.

ENA's 20% Weekly Surge

Ethena (ENA) has jumped 20% in a week, with analysts highlighting a bullish structure, strong demand, and potential targets reaching up to $5.

Ethereum Price Consolidation

Ethereum price is consolidating and might aim for a fresh increase if it clears $4,380. The price is trading below $4,380 and the 100-hourly Simple Moving Average, with a key bearish trend line forming at $4,340.

XRP Could Rally

XRP could rally as the Federal Reserve prepares interest rate cuts, according to financial analyst Levi Rietveld. Major banks are aligned in expecting multiple rate cuts.

XRP Liquidity Flashpoint

XRP has reached a liquidity flashpoint that could accelerate price discovery toward the mid-$4 range once key resistance is reclaimed. A cluster of liquidity sits above $3.40, supporting the bullish outlook.

XRP Price Pullback

XRP price gained pace for a move above $2.920 but is now correcting some gains. The pair could continue to rise if it stays above the $2.920 zone.

Crypto News Today

Markets look to the Federal Reserve and CPI for catalysts as Bitcoin remains stuck at $111K. Institutional investors are moving back into crypto, potentially sparking the next rally.

Solana Stays Strong

Solana started a fresh increase above the $215 zone, now consolidating above $212. The pair could extend gains if it clears the $220 level.

Bitcoin ETFs' Role

Institutional investors are moving back into Bitcoin ETFs, which could spark the next rally as retail remains reluctant.

Cathie Wood's Moves

Cathie Wood's

Negative news

Title: Tensions Over US-China Trade Deficit Highlight Economic Vulnerabilities

Soaring tensions over the U.S.-China trade deficit have brought to light deep-seated economic weaknesses and rising concerns about supply chain risks. This debate is intensifying as the U.S. considers the implications of growing BRICS relations and its own global competitiveness.

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