🚀 Crypto Market Update – February 13, 2025 🚀

Market Performance:

Bitcoin (BTC): Currently trading at $97,879, reflecting a 1.86% increase today.

Ethereum (ETH): Priced at $2,746.99, up by 5.03%.

XRP: Trading at $2.48, marking a 2.48% rise.

Key Developments:

SEC's Legal Pause with Binance: The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its lawsuit against Binance, indicating a shift towards a more crypto-friendly stance under Acting Chairman Mark Uyeda.

Bitcoin Rebounds Amid Inflation Data: Bitcoin dipped to $94.2K following unexpected U.S. inflation data but rebounded to $98.1K as social media discussions on 'CPI' reached a 15-month high, suggesting a 'sell the rumor, buy the news' market behavior.

Robinhood's Revenue Surge: Robinhood reported a doubling of its revenue to $1.01 billion in the latest quarter, fueled by a significant increase in crypto trading activities.

Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your financial situation before making investment decisions.

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