• bitcoinBitcoin (BTC) $ 66,005.00
  • ethereumEthereum (ETH) $ 1,984.07
  • tetherTether (USDT) $ 0.999255
  • bnbBNB (BNB) $ 610.24
  • xrpXRP (XRP) $ 1.32
  • usd-coinUSDC (USDC) $ 0.999745
  • solanaSolana (SOL) $ 82.65
  • tronTRON (TRX) $ 0.310133
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

Pump & Memes HEATING up! XMR vs ZEC! How important are these rate cuts? – Under Exposed

Crypto majors are green; BTC +1.5% at $92,000; ETH +1% at $3,130, SOL +2% at $142; XRP +1% to $2.06. DASH (+60%), IP (+30%) and XMR (+13%) led top movers; XMR hit another new ATH at $680 (now $640). Gold and Silver hit new ATHs again in the wake of the Powell investigation. The US Senate released the draft Crypto Market Clarity Act, including limits on stablecoin rewards. Senator Warren pressed the SEC over inclusion of crypto in 401ks arguing they expose retirees to too much risk. Vitalik Buterin warned crypto needs better decentralized stablecoins, citing governance capture and inflation risks. World Liberty Financial launched a crypto lending platform built around its USD1 stablecoin, attracting ~$20M. BitGo filed for a U.S. IPO targeting a ~$2B valuation as custody assets surpassed $100B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users, escalating a multi-state legal fight.

🔗 Source

💡 DMK Insight

Bitcoin’s recent uptick to $96,651 is more than just a number; it signals a potential shift in market sentiment. With BTC climbing 1.5% and ETH following suit, traders should be on alert for a possible breakout above key resistance levels. The surge in DASH and XMR, particularly XMR hitting an ATH of $680, suggests that altcoins are gaining traction, which could lead to a broader market rally. This is especially relevant as gold and silver also reach new highs, indicating a flight to assets perceived as safe havens. If BTC can maintain momentum above $96,000, it could attract more institutional interest, potentially pushing it towards $100,000. Watch for any pullbacks around this level, as they could provide buying opportunities for swing traders. Conversely, if BTC fails to hold above $96,000, it might trigger profit-taking, leading to a short-term correction across the board, impacting altcoins like ETH and SOL as well. Keep an eye on the correlation between crypto and precious metals, as shifts in one could influence the other significantly.

📮 Takeaway

Monitor BTC’s ability to hold above $96,000; a sustained move could lead to a rally towards $100,000, while a drop may trigger profit-taking.

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