#MarketPullback --- 📉 Bitcoin Drops Below $95,000 Bit | BinWise Traders on Binance Square

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#MarketPullback   
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📉 Bitcoin Drops Below $95,000
Bitcoin’s price has fallen below the $95,000 mark, showing a 1.5% decline. It’s currently trading around $94,416 with a market cap of $1.87 trillion.
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BTC

93,823.63

-1.81%

450

0

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#USStablecoinBill 🏦 US Banks to Offer Bitcoin ETFs Major U.S. banks are planning to offer Bitcoin ETFs to their clients this year, marking a big step in crypto adoption. Source

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--- 🟢 $NKN /USDT Long Trade Signal (Spot) 📅 Date: 5 May 2025 Entry Zone: $0.118 – $0.122 Stop-Loss: $0.110 Targets: TP1: $0.130 TP2: $0.142 TP3: $0.155 Analysis: has shown strong volume support after $NKN a consolidation phase. Price is forming higher lows, indicating bullish momentum. RSI is above 50, and the 20 EMA is crossing above the 50 EMA, suggesting potential upward continuation. $NKN +3.10% (Current move)

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$ADA A /USDT Long Trade Signal (Spot) Date: 4 May 2025 Entry Zone: $0.46 – $0.48 Stop-Loss: $0.43 Target 1: $0.51 Target 2: $0.55 Leverage (Optional): x3 – x5 Trend: Bullish Continuation Confirmed Notes: Ideal for short-term swing trade. Watch volume breakout near $0.48. $ADA +3.10%

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🤫 Market Overview Bitcoin (BTC): Currently trading around $95,556, Bitcoin has shown a slight dip of approximately 0.67% from the previous close. Ethereum (ETH): Trading at approximately $1,832.46, Ethereum has experienced a marginal increase of 0.035%. Binance Coin (BNB): Currently at $593.27, BNB has decreased by about 0.75%. Ripple (XRP): Trading at $2.19, XRP has seen a slight decline of 0.45%. Cardano (ADA): Currently priced at $0.6903, ADA has dropped by approximately 1.99%. --- 🔮 Key Trends and Forecasts Bitcoin's Bullish Momentum: Bitcoin has rebounded significantly, reaching over $97,000 recently, and is edging closer to the psychological $100,000 mark. Analysts predict that Bitcoin could hit $120,000 in Q2 2025, driven by factors like increased institutional adoption and favorable economic conditions. Altcoin Movements: Ethereum is currently trading around $1,825.52, while Solana (SOL) has been gaining attention as a potential contender in the Layer 1 space. XRP is trading at approximately $2.20. Token Unlocks Impacting Prices: Significant token unlocks are scheduled for the second week of May, including 171.88 million ENA tokens, which could lead to price volatility. Investors should monitor these events closely. --- 🗓️ Upcoming Events Federal Reserve Meeting: The upcoming FOMC meeting could influence market dynamics, especially if discussions around interest rate adjustments arise. Institutional Developments: Major financial institutions like Morgan Stanley are exploring integrating cryptocurrency trading into their platforms, signaling growing institutional interest in the crypto space. --- 💡 Investment Considerations Top Cryptocurrencies to Watch: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and Ripple (XRP) are among the top cryptocurrencies to consider for investment in May 2025, based on market capitalization and recent performance. Emerging Altcoins: Altcoins like SUI and MAGACOIN FINANCE are gaining attention for their potential upside, especially as investors ...

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