📊 Market Overview:
• Bitcoin (BTC): Traded at $103,731, losing 1.3% in the last 24 hours. Earlier today, BTC hit a new weekly high of $106,540 but pulled back due to market fluctuations and profit-taking.
• Ethereum (ETH): Traded at $2,442, losing 4.1%. Experts are monitoring the $2,200 support level as part of overall market adjustments.
• Litecoin (LTC): Traded at $96.35, losing 3.3%.
• Pi Network (PI): Currently priced at $0.717, down 3.4% from its previous price.
🗞️ Latest Headlines:
💥 Bitcoin Sets All-Time Weekly Close:
Bitcoin recorded a new record for the highest weekly close ever at $106,446 on the back of a boost from strong ETF inflows and growing institutional adoption.
📉 Market Volatility in the Face of Economic Worries:
The cryptocurrency market witnessed increased volatility after Moody's downgrade of the U.S. credit rating. Bitcoin momentarily crossed the $106,000 level before falling below $103,000, causing over $600 million worth of liquidations among major cryptocurrencies.
🏦 Coinbase Enters S&P 500:
Coinbase Global is now the first cryptocurrency exchange to be added to the S&P 500 index, a milestone moment for the crypto space.
💰 U.S. Crypto Funds Experience $7.5B Inflows in 2025:
Crypto investment products based in the U.S. have seen more than $7.5 billion in inflows so far this year, with a fifth successive week of net positive investment, as investors' confidence increases.
