Bitcoin (BTC) is trading around $85,895, showing a 1.44% increase over the last 24 hours . Analysts suggest that BTC could reach $125,000 in the current bull cycle, though a potential bear market might follow later in the year.
Ethereum (ETH) is gaining momentum in Hong Kong, thanks to the introduction of new staking-enabled ETFs, which are attracting investor interest .
XRP has outperformed other altcoins, rising over 300% against Bitcoin in the past six months. This surge is attributed to Ripple's recent acquisitions and favorable regulatory developments .
AI tokens, such as AGIX, have experienced heightened volatility, with AGIX seeing a 20% price swing within 24 hours following increased interest in AI-related cryptocurrencies .
Market Influencers:
President Trump's recent comments criticizing the Federal Reserve for not cutting interest rates and hinting at a potential "Very Good Deal" with China have influenced the crypto markets, leading to a 2.5% surge in Bitcoin and a 1.8% increase in Ethereum .
Kraken, a leading cryptocurrency exchange, is reorganizing its workforce by eliminating redundant roles and consolidating teams, while continuing to hire in strategic areas. This move comes as Kraken accelerates its expansion into traditional financial markets .Reuters
Stay informed and trade wisely! 💹
