๐ Crypto Market Highlights โ May 19, 2025#SaylorBTCPurchase #BinancePizza #LaunchpadWars
๐ Bitcoin Hits Record Weekly Close
Bitcoin (BTC) achieved its highest-ever weekly close at $73,800, signaling strong bullish momentum. The surge is attributed to increased institutional interest and ETF inflows.
๐ Bitcoin Experiences Sudden Price Drop
Despite the recent high, BTC faced a sharp decline, dropping over 8% within four hours to a low of $66,300. This volatility is linked to large BTC transfers to exchanges and significant liquidations of leveraged positions.
๐ฎ XRP Futures Launch on CME
The Chicago Mercantile Exchange (CME) is set to launch XRP futures today, May 19. This move introduces regulated XRP derivatives, potentially impacting XRP's market dynamics.
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Image Source: Coinpedia
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