• bitcoinBitcoin (BTC) $ 66,943.00
  • ethereumEthereum (ETH) $ 2,025.71
  • tetherTether (USDT) $ 0.999333
  • bnbBNB (BNB) $ 616.80
  • xrpXRP (XRP) $ 1.35
  • usd-coinUSDC (USDC) $ 0.999712
  • solanaSolana (SOL) $ 83.79
  • tronTRON (TRX) $ 0.316264
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fed chair Jerome Powell released a video message claiming that the criminal charges he faces are due to his not cutting interest rates in line with Trump’s wishes. X (twitter) announced plans for “smart cashtags” to show crypto and stock prices live next to tickers. Vaneck projected bitcoin could reach $53m by 2050, outlining long-term adoption, trade settlement and store-of-value assumptions driving 29% annual growth. Andreessen Horowitz (a16z) raised $15b to fund American Dynanism, with ai and crypto at the forefront. Ripple received FCA approval to scale crypto payments in the uk. Bny mellon debuted tokenized deposits for institutional and digital-native clients. A new house bill would bar lawmakers and federal officials from using prediction markets. Tether froze $182m in usdt linked to Venezuela oil trades.

🔗 Source

💡 DMK Insight

With Bitcoin holding steady at $90,600, traders should watch for potential breakout signals. The flat movement in major cryptos, especially with Ethereum at $3,110 and XRP dipping to $2.04, suggests a consolidation phase. This could be a precursor to volatility, especially if Bitcoin breaks above its recent resistance levels. The surge in lesser-known coins like IP and XMR, with XMR hitting an all-time high at $590, indicates a shift in market sentiment towards altcoins. This could lead to a rotation where funds move from majors to altcoins, creating opportunities for swing traders. However, Powell’s recent statements could introduce uncertainty, especially if they hint at tighter monetary policy. Traders should keep an eye on the upcoming Fed meetings and any economic indicators that could influence crypto sentiment. Watch for Bitcoin’s ability to maintain support around $90,000 and Ethereum’s resistance at $3,200 for potential trading signals.

📮 Takeaway

Monitor Bitcoin’s support at $90,000 and Ethereum’s resistance at $3,200 for potential breakout opportunities as market sentiment shifts.

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