#BTC110KSoon? $BTC Historically, the #BTC market cycle top i | Zoya Pari on Binance Square

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#BTC110KSoon? $BTC Historically, the #BTC market cycle top is in when the 200W SMA crosses the prior ATH.
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#BTCBreaks110K U.S. Dollar Retreats As Inflation Rate Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY From fxempire.com U.S. Dollar Is Under Pressure: chart U.S. Dollar Index is losing ground as traders focus on inflation reports. Inflation Rate increased from 2.3% in April to 2.4% in May, compared to analyst forecast of 2.5%. Core Inflation Rate remained unchanged at 2.8%, while analysts expected that it would grow to 2.9%. If U.S. Dollar Index settles below the 98.50 level, it will head towards the support level, which is located in the 98.00 – 98.20 range. EUR/USD Tests New Highs: chart EUR/USD is moving higher as traders react to U.S. inflation data. Currently, EUR/USD is trying to settle above the 1.1500 level.

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#BTCBreaks110K $BTC Bitcoin was largely muted on Wednesday after sharp gains in the previous session, as investors parsed a newly announced trade framework between the U.S. and China and awaited further clarity on the deal’s specifics. The world’s largest cryptocurrency was unchanged at $109,559.20 as of 02:08 ET (06:08 GMT). The token surged on Tuesday as hopes of a trade deal between the world’s two largest economies boosted risk appetite. Bitcoin hovered slightly below a record high of $112,000, touched last month amid optimism around increased legislative support and institutional adoption. U.S. and Chinese officials agreed on Tuesday on a broad framework deal, aiming to revive the Geneva tariff truce by lifting China’s rare earth export restrictions and easing U.S. export controls on semiconductors and related technologies. U.S. Commerce Secretary Howard Lutnick described the issue of rare earths and magnets as “resolved” under the plan, saying the framework adds “meat on the bones” of previous Geneva agreements.

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#BTCBreaks110K $ETH Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”), has entered into a Hosting Services Agreement (the “Agreement”) with Montana OP LLC (the “Service Provider”) at its data center in Montana. Under the Agreement, the Service Provider will provide Sentinum with operations and asset management services and access to approximately 20 megawatts of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations. The Agreement has an initial term of one year with automatic one-year renewals unless either Sentinum or the Service Provider elects to terminate the Agreement 90 days prior to the end of the current term. Sentinum anticipates deploying approximately 6,800 S19j Pro Antminers at the Service Provider’s data center, which are expected to be delivered, installed and in operation by the end of June 2025. The Agreement provides that, during periods of high demand on the utility grid, the Service Provider has the option to curtail the electrical load to the facility and redirect the electrical load to the utility grid. Upon any curtailment, the net profits from such energy sales shall be equally split between Sentinum and the Service Provider.

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#BTCBreaks110K $BTC Crypto Daily - Bitcoin (BTC) is managing A slight resistance at $109,600 is keeping the price at bay for the time being, but with U.S. CPI data just about to be released, if positive, a surge to $112,000 has the potential to take place quite quickly. If the data comes in negative, a dip could occur which might bring $BTC back to around $107,000, with $106,000 a strong support level just below this.

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$BTC $ETH #ETH🔥🔥🔥🔥🔥🔥 The move upwards pushed Ethereum’s market cap up to $334.05B, or 9.69% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B. Ethereum had traded in a range of $2,657.28 to $2,794.06 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a rise in value, as it gained 5.96%. The volume of Ethereum traded in the twenty-four hours to time of writing was $30.10B or 21.96% of the total volume of all cryptocurrencies. It has traded in a range of $2,385.6846 to $2,794.0627 in the past 7 days. At its current price, Ethereum is still down 43.02% from its all-time high of $4,864.06 set on November 10, 2021.

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