#BTC110KSoon? $BTC $ETH

🔥 Top Trends & News

Ethereum Resurgence

Due to increased activity in stablecoins and the upcoming "Pectra" upgrade, Ethereum is outperforming Bitcoin and Solana in recent weeks.

Source: marketwatch.com

Trump-related Crypto Investment

Don Wilson has invested $100 million in Trump Media & Technology Group’s crypto initiative. The project aims to acquire $2 billion in crypto assets. Additionally, Trump's Bitcoin treasury plan has been approved by the SEC.

SEC Withdraws Lawsuits

The U.S. SEC has dropped several lawsuits (e.g., against Kraken and Coinbase), signaling a more pro-trade environment.

Tax Investigations in India

India’s Income Tax Department has launched an investigation into virtual digital assets and possible tax evasion.

Stablecoin Initiatives by E-commerce Giants

Walmart and Amazon are exploring the possibility of using stablecoins, indicating a potential shift in digital payment systems.

Sources: axios.com, coindesk.com

Record Participation in Investment Funds

The UK’s IG firm is acquiring crypto assets, while Zinemx Exchange plans expansion in Europe and Asia.

Sources: barrons.com, globenewswire.com

📈 Trading Insights

Technical Analysis

(Medium, Cointelegraph): Bitcoin is showing minor correction signals, with key support observed between $104K–$105K.

Altcoin Sentiment

According to AltcoinGordon, traders are remaining cautious, waiting for a major breakout.

Source: blockchain.news

✅ Summary

Bitcoin and Ethereum remain relatively stable today.

Ethereum's growth is being fueled by stablecoin-related momentum, hinting at a market recovery.

Institutional interest in Trump-related crypto projects is rising.

Global regulations around stablecoins and VDAs (Virtual Digital Assets) are tightening.

Participation by major e-commerce companies and legal shifts could provide new momentum to the market.