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As the trade war between the United States and China cools, cautious optimism has emerged within the cryptocurrency market. Under a Geneva agreement, Beijing has agreed to reduce tariffs on U.S. goods from 125% to 10%, while Washington will lower import taxes on Chinese goods from 145% to 30%. This arrangement is set to be in effect for 90 days and will commence on May 14, 2025. Such developments have paved the way for Bitcoin (BTC) to surge above $104,000 and Ethereum (ETH) to gain strength by surpassing the $2,500 threshold. - The sudden reduction in trade barriers has revived global risk appetite. Futures for U.S. markets, including the S&P 500, Nasdaq, Dow Jones, and Russell 2000, recorded increases exceeding 2% in pre-market trading. Conversely, gold prices fell by 3% following their latest peak test. This scenario indicates a shift in investor preference from safe haven assets to more risky investments. Bitcoin crossed the $100,000 threshold, peaking at $106,000, influenced by these macro developments. Ethereum also marked its largest daily gain in four years, supported by the successful transition to the Pectra update. Examining volatility, BTC’s seven-day average volatility edged from 37% to 42%, whereas Ethereum’s volatility experienced a dramatic surge, nearing 90% from 52%, now stabilizing around 80%. Derive.xyz Research Director Dr. Sean Dawson noted that these figures indicate ETH is likely to undergo more aggressive price movements in the future. - Dawson emphasized the potential for ETH to revisit the $4,000 region and set a reasonable target of $150,000 for Bitcoin. He also suggested that seeing $200,000 by the year’s end is possible if current market conditions persist. Institutional interest and macroeconomic stability appear poised to drive positive momentum in the cryptocurrency market in the coming months. - $BTC $ETH $XRP
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Bitcoin Eyes $150,000 as U.S. and China Reach Tariff-Cutting Deal Bitcoin is surging following a landmark U.S.-China tariff reduction deal, paving the way for the cryptocurrency to potentially reach the $150,000 mark in the near future. Bitcoin Eyes $150,000 As U.s. And China Reach Tariff Cutting Deal Table of Contents Bitcoin is on a strong upward trajectory following a major breakthrough in U.S.-China trade talks, where both countries agreed to significantly reduce import tariffs. Under the new deal, the U.S. will cut tariffs on Chinese goods from 145% to 30%, while China will slash duties on American imports from 125% to just 10%. U.S.-China Trade Agreement Fuels Bitcoin Rally The easing of trade tensions between the world’s two largest economies is seen as a key catalyst behind Bitcoin’s latest surge. Over the weekend, U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng reached an agreement in Geneva to ease long-standing tariff barriers that had severely strained bilateral trade for months. This development sparked a wave of optimism across global markets. S&P 500 futures rose 2.8%, and the U.S. dollar gained 0.7%. In contrast, gold dropped by 2.3%, signaling a shift away from traditional safe-haven assets toward higher-risk investments. Bitcoin — often viewed as a high-beta risk asset — had previously suffered from investor caution triggered by the trade war, which dampened capital inflows into the crypto space. The new trade truce signals improved liquidity and greater risk appetite, both of which have historically fueled Bitcoin rallies. $BTC $ETH $SOL
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Bitcoin miners have reduced selling activity to levels last seen in early 2024, signaling confidence in the asset’s value. Data from Alphractal shows miner outflows relative to reserves hugging the lower band of a key metric, suggesting accumulation rather than distribution. Historically, such patterns precede periods of price stability or growth. However, the derivatives market tells a contrasting story. High-leverage long positions between $100,000 and $110,000 have surged, creating fragility. A sudden price drop could trigger liquidations, amplifying volatility. Bitcoin currently trades at $104,336, down 0.27% intraday but holding above $100,000. Bitcoin’s Relative Strength Index (RSI) sits near 75, indicating overbought conditions. The On-Balance Volume (OBV) metric has flattened, hinting at slowing buyer momentum. These factors suggest a potential cooldown, though bullish sentiment persists. The liquidation heatmap reveals dense long positions near current prices. If Bitcoin retraces sharply, cascading liquidations could erase recent gains. Open Interest in derivatives has reached $66 billion, matching levels seen during late 2023’s $104,000 tests. Short-term holders (STHs), defined as wallets holding Bitcoin for under 155 days, currently see unrealized profits of 10%. Similar conditions in late 2023 preceded a 28% price drop when STHs offloaded holdings, overwhelming buyer support. Bitcoin now approaches resistance near $106,249, a level that previously led to profit-taking and a market reset. ETHNews nalysts question whether current prices reflect sustainable demand or a setup for another liquidity-driven correction. $BTC $ETH $SOL
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🚨😱⚡️ Biggest Wipe Out Since 2021: 190,000 Traders Liquidated as BTC Hits $100,000 ‼️DONT MISS ‼️ Bitcoin surged past $100,000, triggering $970 million in liquidations, mostly from short positions the biggest wipeout since 2021. Traders rapidly shifted to long positions, raising risks of a $2 billion+ long squeeze if Bitcoin drops below $100,000. Futures Open Interest hit a record $67.4 billion, signaling high leverage optimism but also increasing the chance of a market correction. ⭐️ Quick Take: Historically, every time Bitcoin’s OI has surpassed $65 billion, a market correction has followed shortly after. Bitcoin is now making headlines not just for surpassing $100,000, but also for its rising influence in global finance. At one point, Bitcoin even surpassed Amazon to become the fifth largest asset in the world, with a market capitalization of $2.05 trillion. Meanwhile, Standard Chartered predicts Bitcoin could soon break its all time high and reach $120,000 in Q2. ✅️ Follow For More ✅️ $BTC $ETH $SOL
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$PI as always hold your pi! Only the ones who can hold through the bad times will profit.. pi is not going anywhere it hit 0.40 and that’s really good and still very valuable for something you mine for free!! Buy more and hold the future is looking good!$BTC $ETH $SOL
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