■Crypto Market Eyes Recovery After Volatile Weekend
After a turbulent weekend triggered by US strikes on Iranian nuclear sites, the crypto market is showing signs of life again. Here’s the latest:
✅ Bitcoin ($BTC) rebounded from lows of $98,200 and is now targeting $105K, supported by strong short-term buying.
✅ Ethereum ($ETH) bounced from $2,111, bolstered by institutional interest — 9 straight weeks of ETF inflows!
✅ $XRP is clawing back above $2.00 after recent dips, with bulls defending key support.
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🌍 Why the Sell-Off?
📉 Over the weekend, President Trump ordered strikes on Iranian nuclear facilities, sparking chaos in global markets. $Bitcoin briefly fell under $100K for the first time since early May.
⚠️ With tensions still high, volatility remains elevated. Liquidations topped $1B on Sunday alone.
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💰 Strong Digital Asset Inflows
📊 Institutional money keeps flowing in — $1.24B in inflows last week alone, per CoinShares.
$Bitcoin: +$1.1B
$Ethereum: +$124M
$YTD inflows: $15.1B — the strongest streak since 2021!
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📈 $
BTC Technicals
$BTC trading around $101,457 — reclaiming $100K shows market resilience. $RSI momentum is shifting bullish.
📍Key Levels:
100-day EMA: $99,212 (support)
50-day EMA: $102,954 (resistance)
Break above $105K could fuel further gains!
🔍 Altcoins Spotlight
$Ethereum ($ETH): Attempting a rebound with resistance at $2,366 and $2,417. $RSI recovering from oversold zone, but $MFI shows some caution.
$XRP: Testing support at $2.00. Path of least resistance still downward, but any bullish close above $2.09 could spark recovery momentum.
📢 Stay tuned as the crypto market navigates through geopolitical turbulence and institutional flows continue to shape the trend!
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