โ Crypto Market Today: Bitcoin, Ethereum, XRP Surge as Dollar Weakens ๐บ๐ธ๐ธ
๐ Market Pulse: Bitcoin is showing resilience by rebounding to $107,356 after testing the key $108K resistance, despite recent geopolitical pressures ๐. Investors are shifting focus towards Trumpโs criticism of Jerome Powell, which is now raising questions about the Fedโs independence ๐.
๐ฌ Trump called Powell โterribleโ, hinting at his replacement, adding fuel to market speculation ๐ฅ. This criticism has weakened the US Dollar Index, currently down to 97.17, further supporting crypto assets like BTC, ETH, and XRP.
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๐ฐ Spot ETF Inflows Soaring:
๐ข Bitcoin ETFs: $547M inflow on Wednesday ๐
๐งฎ 12 consecutive days of net inflows
๐ Total: $48.14B in inflows; $134B in net assets
๐ข Ethereum ETFs: $60M new investments
๐งฎ Total inflows exceed $4.1B; nearing $10B in net assets
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๐ BTC Technical Outlook:
๐ต Current Price: $107,356
๐ก MACD shows a bullish crossover, RSI is rising โ sign of strong buying momentum ๐ช
๐ฏ Target: $2,570 โก๏ธ $2,882, if bullish momentum sustains
๐ XRP
Price: $2.17
Forming a falling wedge breakout pattern
Resistance: $2.21 (100 EMA)
๐ข MACD flashing a buy signal โ bullish breakout possible
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๐ง Conclusion: ๐น With Trump's stance weakening the dollar and spot ETF inflows booming, crypto assets like BTC, ETH, and XRP are poised for further gains. ๐น Keep a close eye on $108K for BTC, $2,481 for ETH, and $2.21 for XRP โ breakouts above could signal the next rally phase ๐๐
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โ Crypto Market Today: Bitcoin, Ethereum, XRP Surge as Dollar Weakens ๐บ๐ธ๐ธ
๐ Market Pulse:
Bitcoin is showing resilience by rebounding to $107,356 after testing the key $108K resistance, despite recent geopolitical pressures ๐. Investors are shifting focus towards Trumpโs criticism of Jerome Powell, which is now raising questions about the Fedโs independence ๐.
๐ฌ Trump called Powell โterribleโ, hinting at his replacement, adding fuel to market speculation ๐ฅ. This criticism has weakened the US Dollar Index, currently down to 97.17, further supporting crypto assets like BTC, ETH, and XRP.
---
๐ฐ Spot ETF Inflows Soaring:
๐ข Bitcoin ETFs: $547M inflow on Wednesday ๐
๐งฎ 12 consecutive days of net inflows
๐ Total: $48.14B in inflows; $134B in net assets
๐ข Ethereum ETFs: $60M new investments
๐งฎ Total inflows exceed $4.1B; nearing $10B in net assets
---
๐ BTC Technical Outlook:
๐ต Current Price: $107,356
๐ก MACD shows a bullish crossover, RSI is rising โ sign of strong buying momentum ๐ช
๐ Key Resistance: $108K, then $110K
๐ Key Support: $105,185 (50 EMA), $103,423 (100 EMA), $99,608 (200 EMA)
โก๏ธ Breakout likely if bulls sustain momentum above $108K
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๐ฅ Altcoins Overview:
๐ Ethereum (ETH)
Price: $2,451
Support: $2,426 (100 EMA), $2,373 (200 EMA)
Resistance: $2,481 (50 EMA)
๐ฏ Target: $2,570 โก๏ธ $2,882, if bullish momentum sustains
๐ XRP
Price: $2.17
Forming a falling wedge breakout pattern
Resistance: $2.21 (100 EMA)
๐ข MACD flashing a buy signal โ bullish breakout possible
---
๐ง Conclusion:
๐น With Trump's stance weakening the dollar and spot ETF inflows booming, crypto assets like BTC, ETH, and XRP are poised for further gains.
๐น Keep a close eye on $108K for BTC, $2,481 for ETH, and $2.21 for XRP โ breakouts above could signal the next rally phase ๐๐
#BTC ETH #XRP CryptoNews #TrumpVsPowell DollarWeakness #MarketUpdate BullishMomentum ๐น๐ฅ