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ETH has recently surpassed the $2,500 mark, currently trading at approximately $2,543.08. Analysts anticipate a potential rise to $2,600 in the coming days, driven by bullish momentum. However, some forecasts suggest a slight decline, with prices possibly dipping to around $2,291 by May 17, 2025. The recent Pectra upgrade, which enhances scalability and user experience, has bolstered investor confidence, contributing to the current price surge. Despite this, traders should remain cautious of potential short-term volatility. Overall, Ethereum's outlook for the next week remains cautiously optimistic, with key resistance levels to watch around $2,600 and support near $2,300. $ETH #ETHCrossed2500
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Altcoin season refers to a market phase where altcoins outperform Bitcoin in terms of price growth. During this time, many small and mid-cap cryptocurrencies experience rapid price surges. Investors and traders often look forward to this period as altcoins can sometimes deliver 2x to 5x returns or even more. Altcoin season usually starts when Bitcoin dominance drops and coins like Ethereum begin to rise significantly. While the potential for profits is high, the risk is also considerable. Proper research and timing are essential. With the hashtag AltcoinSeasonLoading trending, many believe that the next altcoin boom might be near. $XRP
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Altcoin season refers to a market phase where altcoins outperform Bitcoin in terms of price growth. During this time, many small and mid-cap cryptocurrencies experience rapid price surges. Investors and traders often look forward to this period as altcoins can sometimes deliver 2x to 5x returns or even more. Altcoin season usually starts when Bitcoin dominance drops and coins like Ethereum begin to rise significantly. While the potential for profits is high, the risk is also considerable. Proper research and timing are essential. With the hashtag #AltcoinSeasonLoading trending, many believe that the next altcoin boom might be near. #AltcoinSeasonLoading
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$900M liquidated from crypto market as Bitcoin surges past $103K in latest rally Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin (BTC) shorts accounted for $321 million in liquidations. At the same time, open interest increased by 5% to $133 billion, indicating that new leveraged bets are entering the market.The average crypto relative strength index has also risen to 70, signaling overbought conditions. The spike in liquidations followed a rapid market rebound. With risk-on sentiment returning to international markets, the total value of the crypto market reached $3.3 trillion, its highest level since early March. Bitcoin reached a peak of $103,460 during Friday’s Asian trading hours, up more than 6% in the past day. Ethereum (ETH) led the altcoin surge, climbing over 20% to reclaim $2,200 for the first time in two months, while Solana (SOL) and XRP (XRP) gained 8% and 5%, respectively. A tentative U.S.-U.K. trade agreement that President Donald Trump hinted at on May 8 sparked the rally and gave international markets new hope. This is the case even though the Federal Reserve did not change interest rates on Wednesday, May 6. But according to the CME FedWatch tool, markets are pricing in a 70% chance of a rate cut by July and a 95% chance of at least one cut by October.$BTC
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$900M liquidated from crypto market as Bitcoin surges past $103K in latest rally Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin (BTC) shorts accounted for $321 million in liquidations. At the same time, open interest increased by 5% to $133 billion, indicating that new leveraged bets are entering the market.The average crypto relative strength index has also risen to 70, signaling overbought conditions. The spike in liquidations followed a rapid market rebound. With risk-on sentiment returning to international markets, the total value of the crypto market reached $3.3 trillion, its highest level since early March. Bitcoin reached a peak of $103,460 during Friday’s Asian trading hours, up more than 6% in the past day. Ethereum (ETH) led the altcoin surge, climbing over 20% to reclaim $2,200 for the first time in two months, while Solana (SOL) and XRP (XRP) gained 8% and 5%, respectively. A tentative U.S.-U.K. trade agreement that President Donald Trump hinted at on May 8 sparked the rally and gave international markets new hope. This is the case even though the Federal Reserve did not change interest rates on Wednesday, May 6. But according to the CME FedWatch tool, markets are pricing in a 70% chance of a rate cut by July and a 95% chance of at least one cut by October. #CryptoComeback
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