$BTC Bitcoin approached the $110,000 threshold on Wednesda | Iffy543 on Binance Square

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$BTC 
Bitcoin approached the $110,000 threshold on Wednesday after teasing a big international trade deal by US President Donald Trump. The agreement, as reported by The New York Times, will be with the United Kingdom and is to be formally announced at the White House on Thursday.

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$BTC Retail participation in the Bitcoin (BTC) market is on the rise, as on-chain data indicates that smaller investors are gradually re-entering the space. This renewed activity is often a sign of growing confidence in the asset and can act as a catalyst for the next leg up in price.

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#TrumpTariffs US President Donald Trump has announced a series of tariffs, arguing they will boost American manufacturing and protect jobs. But the import taxes have thrown the world economy into chaos and many have argued that they will make products more expensive for US consumers. The US and China have now agreed to slash tariffs they had imposed on each other, for 90 days.

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#ETHCrossed2500 Ethereum(ETH) Surpasses 2,500 USDT with a 2.83% Increase in 24 Hours. On May 11, 2025, 15:09 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,500.439941 USDT, with a narrowed 2.83% increase in 24 hours.

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$XRP The price of XRP has gone up by $0.73 since yesterday. On the hourly chart, the rate of XRP is far from the support and resistance levels. As most of the ATR has been passed, traders are unlikely to witness sharp moves soon.

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#AltcoinSeasonLoading Cryptocurrency markets are witnessing a significant revival, as Bitcoin looks to hit new all-time highs after crossing the $104,000 mark. Ethereum has also risen by over 20% over the past couple of days and many meme coins have seen even bigger gains, hinting that we may be on the verge of a new bull run.

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