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#BinanceLaunchpoolSXT 🚨🤑🚨🤑🚨🤑🚨 Introducing Space and Time @SpaceandTimeDB (SXT) on Binance Launchpool! Farm SXT by Locking BNB, FDUSD and USDC. 👉 binance.com/en/support/ann…
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Crypto Update for May 5, 2025 The cryptocurrency market has shown significant activity recently. $BTC Bitcoin's price is hovering around $95,400, reflecting a strong performance as it approaches key resistance levels near $98,000. In April, the iShares Bitcoin Trust ETF (NASDAQ: IBIT) rallied by 14.3%, mirroring Bitcoin's upward trend and attracting investor interest in traditional custodial entities for crypto investments[1]. In addition, $XRP continues to face bearish pressure with short sellers dominating the derivatives market. Current discussions indicate a potential decline below the $2.05 mark due to increased short positions[2]. Meanwhile, overall crypto funds have seen inflows of approximately $2 billion last week alone, contributing to a three-week total of $5.5 billion, with Bitcoin leading these gains[3]. Overall, the market remains volatile but shows signs of resilience as institutional interest grows. #BitcoinReserveDeadline #BinanceLaunchpoolSXT
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#crypto US STOCK MARKET HAD A RED OPENING ON MONDAY. This could affect the crypto market as well. Stay careful.
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#BullRunAhead SEC Commissioner Hester Peirce says tokenization is a technology that could significantly transform financial markets.
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Analyst: Bitcoin Retests Key Resistance Level, Breaking $90,000 May Trigger a Double Blow to Technicals and Psychology On May 5th, according to CoinDesk, Alex Kuptsikevich, an analyst at FxPro, stated, "We have reverted to a crucial resistance area that previously served as support between December of last year and February of this year. The subsequent downside targets are $92,500 and $89,000. If Bitcoin drops below $90,000, it will be a setback both technically and psychologically, and it will also breach below the 200-day moving average."
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