🚀 Market Highlights
Bitcoin ($BTC ) is trading at approximately $103,211, having recently surpassed the $100,000 mark for the first time since early February. Analysts are watching key resistance levels at $107,000 and $120,000, with support around $100,000 and $92,000. Investopedia
Ethereum ($ETH) has surged to around $2,483, up 6.9% in the past 24 hours. The price action shows a bullish reversal pattern near the $2,950 support level, with trading volume spiking by 18% to $9.2 billion on Binance. Blockchain News
Altcoins are experiencing significant gains:
$BNB is at $653.02, up 2.7%.
XRP is trading at $2.41, up 2.5%.
Cardano ($ADA ) has reached $0.81, up 3.9%.
Smaller tokens like 1000CAT, XAI, and PNUT have seen impressive rallies of 50%, 46%, and 40%, respectively. Blockchain News+3Analytics Insight+3Binance+3Binance
📰 Top News Stories
Coinbase Acquires Deribit: In a landmark $2.9 billion deal, Coinbase has acquired Deribit, a leading crypto options exchange. This move positions Coinbase as a significant player in the derivatives market, challenging Binance's dominance. Coinpedia Fintech News
Shiba Inu's Bold Prediction: The Shiba Inu team forecasts a potential 1,000% surge in SHIB's price within three days, attributing this to upcoming ecosystem developments. The Crypto Basic
Solayer's Decline: The Solayer project is facing a significant downturn amid large token unlocks, raising concerns about its stability and future prospects. 99Bitcoins
📈 Market Sentiment
The overall crypto market capitalization has climbed to $3.02 trillion, reflecting renewed investor confidence. Ethereum-focused ETFs have seen net inflows of $17.6 million this week, indicating strong institutional interest.