Market overview:
* The cryptocurrency market is showing signs of recovery after a recent downturn. Bitcoin has surpassed the 94,000 USD mark, rising about 10% in the past week.
* Ethereum also saw slight growth, currently trading around 1,800 USD.
* Some other altcoins also recorded notable growth, including the TRUMP (Maga) coin with a surge.
Noteworthy news:
* Bitcoin price surges: Bitcoin has made an impressive recovery, surpassing a critical resistance level. Analysts suggest that buying pressure from Bitcoin ETF funds and the weakening of the USD may be factors driving this increase.
* Ethereum attracts developers: The number of users and developers on the Ethereum network continues to grow, solidifying its position as the leading platform for decentralized applications (DeFi) and NFTs.
* Meme coin TRUMP experiences a surge: The meme coin related to former US President Donald Trump has seen significant growth after he made supportive statements about cryptocurrency.
* Swiss National Bank refuses to include cryptocurrency in reserves: The President of the Swiss National Bank (SNB) dismissed the idea of including cryptocurrency in the country's monetary reserves.
* Cryptocurrency leverage ratios reach a two-year high: Analysis shows that more and more investors are accepting high leverage risks in cryptocurrency derivatives trading.
* The US Federal Reserve (FED) updates guidance on cryptocurrency assets: The FED announced the withdrawal of regulatory guidance related to cryptocurrency assets of banks and dollar token activities, indicating a step forward in legitimizing Bitcoin.
Prices of some popular coins (at the current time):
* Bitcoin (BTC): Approximately 94,200 - 95,000 USD
* Ethereum (ETH): Approximately 1,798 - 1,800 USD
* BNB: Approximately 600 - 604 USD
* XRP: Approximately 2.20 USD
* Solana (SOL): Approximately 148 - 151 USD
* Dogecoin (DOGE): Approximately 0.18 USD
* Cardano (ADA): Approximately 0.72 USD
Note: The cryptocurrency market is very volatile, and prices can change rapidly. You should conduct thorough research before making any investment decisions.
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