🇧🇷 Brazil's largest bank ITAU will purchase $210 million w | TopCryptoNews on Binance Square

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🇧🇷 Brazil's largest bank ITAU will purchase $210 million worth of $BTC , according to TopCryptoNews.
For a second, the bank manages assets worth $509 billion.
#BTC  #Bitcoin  #ITAU  

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📉 $SUI Falls Below The Low Of $3.60 SUI Falls Below The Low Of $3.60The price of Sui (SUI) is falling below the moving average lines as it continues to trade in a range between $3.20 and $4.20. 🔸 Sui price long-term prediction: ranging On the downside, SUI is expected to fall further to a low of $3.20 as the price falls below the moving averages. The cryptocurrency will fall as it trades in the bearish trend zone. However, bulls and bears are battling over prices, with the bulls trying to stop the decline above the $3.40 support level. 🔸 SUI price indicators analysis The price bar has fallen below the horizontal moving average lines, which means that the cryptocurrency will continue to decline. The altcoin is now trading in a bearish trend, indicating a likely decline. 🔸 Technical indicators Key supply zones: $4.00, $4.20, $4.40 Key demand zones: $3.00, $2.80, $2.60 🔸 What is the next move for SUI? The price of SUI has slipped below the moving average lines, which means that the altcoin is falling further into the lower price range. On the 4-hour chart, the altcoin is trading above the support level of $3.50 but below the moving average lines. If the current support level of $3.50 is breached, the altcoin will fall even lower. The price of Sui was above the moving average lines, although it remained in a sideways trend between $3.40 and $4.40 last week. #SUI #Suinetwork

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👀 Record withdrawal from Ethereum staking Currently, there are 910,461 ETH (~$3.9 billion) in the withdrawal queue from staking. This is not a direct signal to sell, as most of this Ethereum will likely just go into liquid staking and restaking protocols and will not be dumped on the market 🤔 #ETH #Ethereum

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🪙 $XRP price setting the stage for another bullish rally as $2.80 support holds XRP price is maintaining its potential for another leg higher toward $3.60 and possibly $4.19, supported by a robust market structure and rising demand. Key technical points 🔸 $2.80 High-Timeframe Support: Confluence of value area high and prior retests, confirming strong structural demand. 🔸 Bullish Structure Intact: Higher highs and higher lows remain in place despite intraday corrections. 🔸 Volume Profile Strength: Sustained buy-side inflows support the probability of a continued rally. #XRP ’s price action has retraced into the $2.80 support, a region that has been tested multiple times and continues to act as a foundation for bullish momentum. This level is aligned with the value area high, a region where volume has consistently built, signaling strong demand. Holding above this level is critical for XRP to preserve its bullish momentum and sustain its broader uptrend. From a market structure perspective, XRP remains intact with consecutive higher highs and higher lows. The pullback to $2.80 has not damaged the larger trend, but rather reinforces it as a healthy retest. These retests of major supports confirm the presence of buyers and strengthen the probability of upward continuation. A strong defense of this zone will likely set up XRP for a fresh rally back toward its all-time high of $3.60. In addition to structural integrity, Fibonacci levels add another layer of confluence. The $2.80 region coincides with the 0.618 retracement zone, a level often associated with strong bullish reversals. Historically, XRP has reacted positively at this level during bullish trends, increasing the likelihood of another expansion higher if bulls hold the line. The volume profile further strengthens the bullish case. Data shows a steady influx of buy-side pressure, indicating market demand is still strong even during corrective phases. Such volume dynamics often precede larger impulsive moves, as accumulation periods resolve with expansions higher.

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🟠 Bitcoin consolidation below $123,000 reflects caution rather than market weakness Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of investors digesting the movement rather than market weakness. According to the August 18 Bitfinex Alpha report, BTC surged to a record $123,640 before retreating 5.44% from peak to trough, returning to the lower end of its established trading range. The pullback followed higher-than-expected US consumer and producer price inflation readings, which tempered risk appetite across asset classes. Bitcoin has since entered a consolidation phase, with investors adopting a wait-and-watch approach ahead of potential policy signals. For now, BTC continues to oscillate between its all-time high and local range lows, reflecting a digestion period rather than structural weakness. The report noted that the likelihood of a Federal Reserve rate-cutting cycle later this year could provide a supportive backdrop for both Bitcoin and Ethereum (ETH). Until then, traders should expect range-bound conditions to dominate, with volatility shaped by incoming macroeconomic data. 🔸 Altcoins under pressure In the current environment, altcoins remain more vulnerable than majors. Liquidity is concentrating in Bitcoin and Ethereum, while capital rotation away from higher-beta assets leaves smaller tokens exposed to sharper retracements. This pattern is typical in the early stages of bull markets, where institutional inflows first consolidate in BTC and ETH before expanding into the broader market. A decisive break above all-time highs in these majors would be the key catalyst for renewed inflows and broader strength. Ethereum has played a critical role in setting the tone for digital assets. From April lows of $1,386.80, ETH climbed to $4,783.90 on August 14, less than 2% below its all-time high of $4,864.90. The advance reinforced Ethereum’s status as the primary liquidity driver outside Bitcoin, with its performance fuelling renewed speculation in altcoins. #BTC #Bitcoin

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🤑 Another whale is actively buying $LINK Today one whale withdrew 322,655 LINK coins (~ $8.2 million) from the Binance exchange. This is not their first purchase. Over the last 3 days, they have withdrawn a total of 1 million #LINK (~ $24.6 million) from the exchange. It looks like a pump of the LINK token is coming 🔼

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