📉 Bitcoin Price Dips Bitcoin has dropped below $102,000, d | MKhalid7 on Binance Square

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📉 Bitcoin Price Dips
Bitcoin has dropped below $102,000, down about 1.9% in the past 24 hours. The decline is likely due to profit-taking and market uncertainty.
$BTC 
⸻
🚀 Ethereum May Be Ready to Surge
A technical chart pattern on Ethereum suggests a potential “moon shot” rally. If confirmed, ETH could be heading for new highs.
$ETH 

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#MerlinTradingCompetition $BTC 1. “Bitcoin blasts past $106,000 — the king is back and roaring!” 2. “Bitcoin smashes through $106K! Are you ready for what’s coming?” 3. ”$106,000 and counting — Bitcoin isn’t just back, it’s dominating!” 4. “Bitcoin breaks $106K barrier! The bull run might just be getting started!” 5. “Bitcoin rockets above $106K — this could be the breakout we’ve been waiting for!”

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#BinanceAlphaAlert Sure! Here’s the latest Bitcoin update in English as of May 20, 2025: ⸻ Bitcoin Price Update • Current Price: ~$105,935 • 24-Hour Change: +2.85% • Market Cap: ~$2.1 Trillion • All-Time High: $109,114.88 (January 2025) Bitcoin has rebounded after a recent dip and is showing positive momentum again. ⸻ Major News & Developments • JPMorgan is now allowing clients to buy Bitcoin, despite past skepticism from CEO Jamie Dimon. This shows a shift in institutional adoption. Source • Donald Trump’s administration signed an executive order earlier this year to create a Strategic Bitcoin Reserve, treating BTC as a national strategic asset. More info ⸻ Future Outlook • Analyst Scott Melker predicts Bitcoin could hit $250,000 by the end of 2025, driven by institutional inflows and reduced volatility. Source • Sentiment across the market is turning bullish again, especially after reports of BlackRock and Fidelity purchasing nearly $500 million in BTC. ⸻ Let me know if you want a chart, predictions, or updates on altcoins too! $BTC

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#GENIUSAct - Bitcoin (BTC): Bitcoin has surged past $106,000, driven by a short squeeze and bullish options bias, with analysts like Scott Melker suggesting a potential climb to $250,000 by year-end due to institutional inflows and reduced volatility. It notched its highest-ever weekly close at $106,500 on May 18. However, market volatility remains a factor, with some profit-taking pulling it back to around $102,615. Moody’s U.S. credit downgrade is seen as a potential tailwind for BTC. - Ethereum (ETH): Ethereum rebounded to $2,550 after a mid-week dip, showing resilience. Vitalik Buterin proposed enhancements to make Ethereum layer-1 scaling more user-friendly for local node runners, aiming to preserve trustless access. BlackRock has filed with the SEC for Ethereum-related products, signaling growing institutional interest. $BTC $ETH

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#BinanceAlpha$1.7MReward $BTC Bitcoin Breaks Records: Weekly Close at $106K+ Bitcoin has officially logged its highest-ever weekly close at $106,530, briefly peaking at $107,115 over the weekend. This historic surge triggered over $546 million in liquidations across the crypto market. One Hyperliquid whale reportedly turned a 40x long position into $12 million in profits. With the Coinbase premium trending higher, market sentiment remains strongly bullish — and speculation is rising about potential major announcements ahead.

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#BinancePizza - Coinbase Cyber Attack: Coinbase, the largest U.S. crypto exchange, reported a cyber attack costing up to $400 million. Hackers obtained customer data (names, addresses, emails) by paying off employees and contractors, though login credentials and passwords remained secure. The attack occurred just before Coinbase's inclusion in the S&P 500 index. - Bybit Heist: Bybit, the world’s second-largest crypto exchange by trading volume, disclosed a February 2025 cyber attack where hackers stole $1.5 billion in digital tokens, dubbed the largest crypto heist ever. - Congress Repeals Crypto Tax Rule: The U.S. Senate (70-28) and House voted to kill a crypto tax reporting regulation that would have required decentralized platforms like Uniswap to comply with rules similar to stockbrokers and centralized exchanges like Coinbase. This move, finalized in December 2024 but set for 2027, is estimated to save the crypto industry $4 billion in taxes. - Trump Family’s Crypto Ventures: American Bitcoin, a Trump family-backed bitcoin mining company co-founded by Eric Trump, will go public via a merger with Gryphon Digital Mining on Nasdaq. The Trump family is also involved in World Liberty Financial and the $TRUMP memecoin, raising ethics concerns among experts. $BTC

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