🚀 Market Overview
Bitcoin (BTC) continues its bullish momentum, currently trading at $109,478, nearing its all-time high of $110,170. Analysts suggest that BTC is on a trajectory toward $150,000, driven by post-halving supply constraints, institutional adoption, and significant inflows into U.S. spot Bitcoin ETFs.
Ethereum (ETH) is trading at $2,556.95, showing signs of consolidation with expectations of a potential breakout.
Other notable cryptocurrencies:
BNB: $673.63
XRP: $2.31
Cardano (ADA): $0.7558
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🏛️ Major Events
Bitcoin 2025 Conference Begins Today
The Bitcoin 2025 Conference kicks off today in Las Vegas, featuring prominent figures such as U.S. Vice President J.D. Vance, Michael Saylor, and Donald Trump's sons. The event will focus on innovation, financial sovereignty, and the future of Bitcoin.
Trump Media's $3B Crypto Investment Plan
Trump Media & Technology Group plans to raise $3 billion to invest in cryptocurrencies, including Bitcoin. The capital will be sourced from $2 billion in new equity and $1 billion in convertible bonds. This move aligns with President Trump's agenda to position the U.S. as a global leader in digital assets.
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📈 Trending Cryptocurrencies
BlockDAG (BDAG): Leading with a $269 million presale and plans to list on 20 centralized exchanges post-June 13.
Cardano (ADA): Trading at $0.7558, with analysts predicting a potential rise to $2.91 in 2025.
Polkadot (DOT): Currently at $4.58, benefiting from recent network upgrades and increased adoption.
Chainlink (LINK): Trading at $15.84, showing bullish patterns with long-term targets up to $35.77.
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⚠️ Notable Developments
XRP Price Prediction: Analysts are eyeing a potential rise to $27, citing historical patterns and technical indicators.
Crypto Investment Scam: An entrepreneur from Morbi, India, reported losing ₹1.51 crore (~$180,000) in a fraudulent cryptocurrency investment scheme.
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