Bitcoin Surges Past $97K Ahead of Fed Decision
Bitcoin (BTC) has climbed above $97,000, driven by investor anticipation of the Federal Reserve's interest rate decision later today. Analysts suggest that the market expects rates to remain steady, but all eyes are on Fed Chair Jerome Powell's commentary, which could influence Bitcoin's trajectory towards the $100K mark or cause a pullback to around $91.5K .
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🪙 Ethereum Faces Temporary Withdrawal Suspension Amid Upgrade
Coinbase has announced a temporary suspension of Ethereum (ETH) deposits and withdrawals to accommodate the Pectra network upgrade scheduled for today. This upgrade aims to enhance scalability and efficiency on the Ethereum network .
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📉 XRP Dips Below Key Support Levels
XRP has fallen below critical support levels, influenced by macroeconomic pressures and insights from Ripple's latest market report, which hints at significant institutional movements .
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🏛️ U.S. Senate Debates Crypto Regulation Amid Political Tensions
The U.S. Senate is currently debating the GENIUS Act, a bipartisan bill focused on regulating stablecoins. The bill faces challenges due to concerns over President Trump's ties to the cryptocurrency industry, leading to political tensions that could impact its passage .#tradestories #FOMCMeeting #USHouseMarketStructureDraft #USStablecoinBill $BTC