$BTC , $ETH , $XRP Prices Volatile After $300M Liquidations, Trump Speaks at Crypto Summit

The cryptocurrency market's value reached $2.9 trillion on Thursday, driven by a boost from the Fed's pause in interest rates. Liquidations hit $335 million in the last 24 hours, with $207 million from short contracts making up nearly 60% of the losses. Bitcoin spot ETFs saw $11 million in inflows on Wednesday, continuing a four-day streak of BTC buys, totaling over $527 million. Bitcoin reached $87,450 before pulling back slightly to $85,200. With cooling inflation and the Fed's rate pause, Bitcoin's market sentiment is strong, especially among US investors. Bitcoin holding steady above $85,000 signals potential for more upside in the near future.