BTC Holds Strong Above $107K After $120M Buy Order and Major Corporate Acquisitions
Bitcoin is currently trading at $107,428.57 on Binance, with a 24-hour price change of -2.54% and robust trading volume, maintaining its position as the top cryptocurrency by market capitalization. The recent price decline follows a period of heightened activity, including a large $120 million BTC buy order, major corporate purchases such as Trump Media’s $2.5 billion acquisition announcement, and continued institutional inflows, all occurring near Bitcoin’s all-time high of $112,000. The modest pullback in the last 24 hours is attributed to profit-taking after recent record highs, despite ongoing positive sentiment from regulatory developments, political engagement at the Bitcoin 2025 Conference, and strong institutional interest.
Why Is Toncoin Price Up?Toncoin Price Prediction:
The recent surge in Toncoin’s price can be largely attributed to the announcement that Elon Musk’s xAI is partnering with Telegram to integrate its AI chatbot, Grok, into the platform. This partnership has sparked immense speculation and optimism in the market, especially given Toncoin’s deep integration with the Telegram ecosystem through The Open Network ($TON ). As a result, the price action we’re seeing isn’t just technical—it’s fundamentally driven by a real-world event that directly impacts Toncoin’s utility and visibility.
From an analytical perspective, this partnership from Elon Musk acts as a powerful sentiment catalyst. Telegram’s user base exceeds 900 million globally, and integrating Grok means that TON will likely see expanded usage and demand for microtransactions, data processing, and decentralized applications.
Traders and investors are betting that TON price will become the native currency for any AI-powered feature that Grok might support inside Telegram, such as in-app payments, bot services, or subscription models. This narrative alone is enough to trigger a revaluation of TON's long-term potential.
The charts also reflect this shift. The explosive move from $2.88 to $3.58 on the hourly chart aligns almost perfectly with the timing of the announcement. This indicates that institutional bots and early retail traders likely front-ran the news or reacted instantly, reinforcing the breakout above key resistance at $3.10.
The momentum didn’t slow until it tested $3.60, signaling that this was not a routine rally but one backed by substantial belief in TON’s growing role within a rapidly evolving AI ecosystem.
Looking ahead, the predictive implications are strong. If Telegram’s Grok integration succeeds and users begin transacting or interacting through TON-based services, the demand for TON tokens will likely spike, leading to further price discovery.
Conservatively, Toncoin price could revisit the $4–$4.50 range in the near term.
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📊NEUTRAL: $TRB (1D)
#TRBUSDT | #TRB | #TellorTributes
Current Price $47.53
Market Cap $126.80M
Change 1h -2.92% | 24h +4.46%
Analysis: TRB had a mysterious rise recently but remains a tricky asset. Its manipulative nature suggests caution, especially with a potential short squeeze in 2024. The growth trend hasn't resumed yet, so longs should be wary and tread carefully.
Price Targets: If the upward move continues, watch for resistance at $72.82. However, if it retreats, it could test support around $30.29 or even $21.66. Stay sharp!
{spot}(TRBUSDT)