#BTCvsMarkets
Bitcoin and Market Performance:
The price of Bitcoin fell to around $92,600 after reaching $94,100, due to a decline in optimism following the easing of trade tensions between the U.S. and China.
Bitcoin ETF funds saw massive cash inflows of $912.7 million.
Alternative currencies like ETH surpassed $1,800, while Solana and Cardano rose between 4% and 7%.
Market Analysis:
Analyst James Cheek noted that Bitcoin is no longer moving according to traditional market cycles but is influenced by macroeconomic factors.
As Bitcoin approaches $95,000, many investors have returned to profitability, but the risk of correction still looms.
Various News:
The TRUMP currency rose by 70% after Trump announced a dinner for currency holders, following the launch of $300 million worth of it.
The number of active wallets for XRP surged by 67.5% as the final ruling in the Ripple and SEC case is awaited.