#BinanceAlphaAlert #SaylorBTCPurchase $BNB
Cryptocurrencies have stabilized during these moments of trading on Monday, with Bitcoin (BTC) remaining above the $94,000 level, while a smaller cryptocurrency saw an exceptional rise in the past few hours.
Jupiter Zheng, partner and director of liquidity and research at HashKey Capital, stated: Bitcoin has maintained a relatively stable trading range above $92,000 as the Trump administration has rolled back some tariff policies towards the cryptocurrency industry. This supportive stance towards cryptocurrencies could enhance Bitcoin and other cryptocurrencies' ability to develop independent market trends that are less correlated with U.S. stocks, allowing for more growth and innovation in the sector.
XRP led the gains among major cryptocurrencies, rising by 4% over the past 24 hours, driven by the approval of an ETF (Exchange-Traded Fund) by ProShares, which will see the launch of three products tracking futures on April 30.
Meanwhile, data showed that Cardano (ADA), BNB Chain (BNB), and Ether (ETH) experienced movements ranging from 1% to 3%.