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Binance Word of the Day 26 april
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Ethereum ETFs saw weekly net inflows of $157.1 million—their first positive inflow since February—signaling renewed institutional interest. This buying pressure comes in the wake of President Trump's more conciliatory stance on China tariffs and Paul Atkins stepping in as the new SEC Chair. Meanwhile, ETH retested the key $1,800 resistance level, reflecting investor hesitation around the 50-day simple moving average. $ETH
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U.S. President Donald Trump indicated that another delay in implementing his proposed "reciprocal" tariffs is unlikely, increasing pressure on other countries to reach trade agreements with his administration. #TariffsPause
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As of Friday, Ethereum (ETH) is trading at $1,775.60, reflecting a 1.12% increase over the past 24 hours, up from $1,755.96. However, daily trading volume has dropped by 19.18%, with approximately $15.1 billion worth of ETH changing hands. This decrease in volume may signal a decline in trader interest or reduced demand. Over the past week, Ethereum has seen a solid gain of 12.12%, bringing its total market capitalization to around $214.35 billion. #EthereumFuture
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Ethereum has kicked off a new upward trend, breaking past the $1,750 resistance level. The cryptocurrency is currently consolidating its gains and appears to be gearing up for a potential move above the $1,840 resistance. ETH has initiated a rally beyond the $1,750 mark. It is now trading above $1,720 and the 100-hourly Simple Moving Average. A bullish trend line is forming with support near $1,780 on the hourly ETH/USD chart (based on Kraken data). A clear break above the $1,820 resistance could trigger another strong upward move. $ETH
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Bitcoin climbed back above the $90,000 mark for the first time since March, as investors continued pouring into the cryptocurrency for a second straight day amid ongoing stock market volatility and a weakening U.S. dollar. According to Coin Metrics, Bitcoin was last up around 4.8%, trading at $91,563.27, pushing its two-day gain to over 8%. Earlier in the day, it hit $91,754.28 — its highest level since March 6. The cryptocurrency has now rebounded approximately 23% from its April low. #BTCvsMarkets
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