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Is the price of crypto coins going up because of pizza day? Or is it for another reason? Will the price go down again later?
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A new crypto coin SOPH in binance locked and how much do you get #SOPHListing
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#BitcoinPricePredictions Sellers are trying to sustain the price below the breakout level of $109,588, which may trap the aggressive bulls. That could pull the price to the 20-day exponential moving average ($103,652). A solid bounce off the 20-day EMA suggests that the sentiment remains positive and traders are buying on dips. The bulls will then again attempt to resume the uptrend by pushing the price above $111,980. If they can pull it off, the BTC/USDT pair could dash toward the target objective of $130,000. The first sign of weakness will be a break below the 20-day EMA. That clears the path for a drop to the psychologically crucial level of $100,000. Buyers are expected to fiercely defend the $100,000 level because a break below it could sink the pair to the 50-day simple moving average ($94,001). #BitcoinPricePredictions $BTC
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On Monday night, the Senate voted 66-32 to move forward with the GENIUS Act, a bill aimed at establishing a federal framework for stablecoin regulation. The legislation had previously stalled due to Democratic opposition but gained momentum after concerns were addressed. The bill’s progress is seen as a positive development for the crypto industry, which has been seeking clearer regulatory guidelines. The bill is likely set for a Senate floor vote later this week, clearing which it will be sent to President Donald Trump’s office for approval. Bitcoin’s recent performance has been bolstered by expectations of favorable regulatory developments and increased adoption. Analysts predict that if current trends continue, the cryptocurrency could reach new highs by the end of the year. The token had surged more than 11% this month, helped by optimism over easing trade tensions between the world’s two largest economies. #StablecoinNews
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