Crypto Update 🚨🚨

Market Moves Today – June 10, 2025

Bitcoin $(BTC) has edged up 1–3% over the past 24 hours, hovering between $109K–110.5K, just shy of its all‑time high near $112K .

Ethereum $(ETH) surged +7–9%, riding momentum as Ethereum continues to gain traction .

Altcoins like XRP and Solana are also climbing: XRP up ~2–2.5%, Solana around +4–5%.

What’s Fueling the Rally?

Investors are gearing up for upcoming U.S. inflation data and trade-talks with China, boosting risk sentiment .

Still, analysts warn that without fresh macroeconomic catalysts, this might be a short-lived bounce and could trigger a short-term correction .

Key Events On the Radar:

June 11: U.S. CPI release—Crucial for crypto volatility .

June 18: FOMC interest‑rate decision—could impact risk assets like crypto .

🔍 Quick Outlook

Bitcoin is consolidating just below its record highs. A confirmation above $112K—backed by positive inflation data or dovish Fed signals—could set the stage for a fresh rally. Conversely, lack of catalysts might prompt a pullback. Meanwhile, Ethereum and altcoins remain in strong uptrends but are closely tied to macro news flow.

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