bitcoin
bitcoin

$98434.152543 USD

1.12%

ethereum
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$2719.709828 USD

2.95%

xrp
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$2.518653 USD

4.89%

tether
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$1.000153 USD

0.00%

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4.69%

usd-coin
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$0.999992 USD

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dogecoin
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$0.268527 USD

6.96%

cardano
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$0.796180 USD

14.67%

tron
tron

$0.245938 USD

5.91%

chainlink
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$19.740535 USD

6.02%

avalanche
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5.73%

sui
sui

$3.529671 USD

13.67%

stellar
stellar

$0.335351 USD

6.89%

litecoin
litecoin

$129.438673 USD

13.77%

Cryptocurrency News Video

#btc breaks through $69100 and things are looking better. However, many altcoins still do not pull the market, what to do next?

May 26, 2024 at 01:24 pm 袋鼠btc

TG: @Daishubtc
TG free communication group: t.me/Daishubtc_community
According to the data on the chain, the layout of the dog farm is as follows:

(1) The amount of Bitcoin (BTC) flowing into exchanges has decreased significantly in recent days, which is good news for the cryptocurrency industry.
(2) The number of stablecoins flowing into exchanges has increased in recent days, but there has been no change from yesterday to today, which means that funds are sufficient and is also a positive sign.

If no war or other black swan event occurs next week, the market trend remains bullish.

The main focus next week will be on Friday at 8:30 p.m. when the U.S. releases its core personal consumption expenditures (PCE) index for April. If the index is higher than expected, it may be a negative factor for the market. However, if the index falls below expectations, it would be a positive sign, potentially putting Bitcoin on track to challenge previous highs.

In addition, the US general election will begin in November. In order to win votes, Trump has taken some radical measures and stated that he will support the self-custody rights of the 50 million cryptocurrency holders in the United States. This move could cause anti-cryptocurrency members of Congress to lose influence and be a major positive for the cryptocurrency market.

It is currently recommended to keep the position at 70%, and Ethereum (ETH) is also a good choice. It is expected that the price of ETH will first rise to $4,000 before the end of June.

Overall, all you need to do now is be patient with cryptocurrencies.
Video source:Youtube

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