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$BTC As of May 13, 2025, Bitcoin (BTC) is trading at approximately $103,454, reflecting a slight decline of about 0.93% over the past 24 hours. Market Overview: 24-Hour Range: Bitcoin's price has fluctuated between $101,065 and $104,546 in the past day. Market Capitalization: The global cryptocurrency market cap stands at approximately $3.31 trillion, marking a 1.64% decrease over the last day. Recent Developments: Profit-Taking and Inflation Concerns: The recent dip below $102,400 is attributed to traders engaging in profit-taking ahead of the upcoming U.S. Consumer Price Index (CPI) data release, reflecting broader economic concerns. Short Squeeze Activity: A recent short squeeze propelled Bitcoin past $100,000, with funding rates growing, indicating increased leverage in the market. Technical Outlook: Resistance Levels: Bitcoin is currently testing a significant resistance level. A breakout above this could signal strong bullish momentum, potentially leading to new all-time highs. Futures Market: March 2026 Deribit Bitcoin Futures are trading at a premium of $109,099, down 1.46%, with an annualized basis rate of 7.67%, indicating robust futures demand.
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Crypto Round Table Remarks
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#CryptoCPIWatch As of May 13, 2025, the Crypto Price Index (CPI) token is experiencing minimal trading activity, with its price varying across different platforms. Notably, several platforms report zero trading volume and a circulating supply of zero, indicating limited market activity and potential data inconsistencies. 📊 Market Context The broader cryptocurrency market is exhibiting caution ahead of the release of U.S. Consumer Price Index (CPI) data. Bitcoin has dipped below $102,400 due to profit-taking and macroeconomic uncertainties, with altcoins experiencing declines of up to 7% . The anticipated U.S. CPI report for April is expected to show a 0.3% monthly increase and an annual rate holding steady at 2.4%. These figures could influence Federal Reserve decisions on interest rates, potentially impacting crypto market dynamics . 🔍 About the CPI Token The CPI token serves as a governance token within the Crypto Price Index ecosystem, allowing holders to participate in decision-making processes, including asset selection for CPIx tokens. The maximum supply is capped at 300 million CPI tokens.
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$BTC As of May 12, 2025, Bitcoin (BTC) is trading at approximately $103,932, reflecting a modest increase of 0.02% from the previous close. The day's trading has seen a high of $104,923 and a low of $103,445. Earlier today, Bitcoin briefly surpassed the $105,000 mark for the first time since January 31, 2025, before retreating slightly. This upward movement is attributed to several factors: Investor Confidence: Positive developments in U.S.-China trade talks have bolstered investor sentiment, leading to increased interest in cryptocurrencies. Institutional Accumulation: Significant purchases by large entities, including a notable acquisition of 1,721 BTC (valued at approximately $179 million) over the past two days, suggest strong institutional confidence in Bitcoin's future performance. Market Dynamics: Despite the recent price surge, Bitcoin remains about 4.7% below its all-time high of $109,114.88, achieved on January 20, 2025. Analysts are closely monitoring the $105,000 resistance level, with some projecting potential targets around $115,000 if bullish momentum continues. In summary, Bitcoin's recent performance indicates a cautiously optimistic market, with key resistance levels being tested and significant institutional interest providing potential support for further gains. #StrategyTrade #NewsTrade #TradeStories #AltcoinSeasonLoading
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#TradeWarEases The United States and China have reached a preliminary agreement aimed at easing their ongoing trade war, following two days of negotiations in Geneva. While specific terms have not been disclosed, U.S. officials described the discussions as "productive," indicating substantial progress toward reducing the $295 billion trade deficit with China. President Donald Trump characterized the talks as a "total reset" of U.S.-China relations, expressing a willingness to reduce tariffs on Chinese imports from 145% to 80%. Chinese Vice Premier He Lifeng echoed the positive sentiment, calling the discussions "candid and constructive." The announcement has positively impacted financial markets, with U.S. stock futures rising—S&P 500 E-minis up 1.3% and Nasdaq futures gaining 1.6%—reflecting investor optimism about the potential de-escalation of trade tensions. Further details of the agreement are expected to be released soon, as both nations work toward finalizing the deal.
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