๐ $BTC, $ETH, and $XRP Bounce Back Strong โ All Eyes on U.S. CPI Next Week ๐บ๐ธ
After a macro-driven sell-off earlier this week, the crypto market is making a strong comeback. $BTC, $ETH, and $XRP have all rebounded sharply, with renewed bullish sentiment returning to the space.
$BTC is now trading around $115,043, up 1.06%
$ETH sits near $3,667, up 5.6%
$XRP leads the rally, jumping to $3.066 (+6.5%) amid ETF rumors
๐ Analysts say the sell-off was triggered by weak U.S. labor data and renewed trade war fears โ but long-term investors treated it as a buy-the-dip opportunity.
> โWhales are accumulating again. Institutions like Citigroup, JPMorgan, and Metaplanet are all doubling down on crypto exposure,โ said Vincent Liu (Kronos Research).
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๐ Whatโs Next? U.S. CPI Could Set the Tone
With CPI (inflation data) due next week, markets are on edge. A soft print could:
Boost Fed rate cut expectations (already at 89.1% probability)
Trigger the next leg up in crypto prices
Strengthen $BTCโs case as digital gold amid global uncertainty
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๐ฅ $XRP & $ETH Outperform
$XRP is surging as speculation grows around a potential XRP ETF โ now given a 64% chance by prediction markets. Meanwhile, $ETH is just 25% off its ATH as DeFi and L2s continue growing.
๐ Altcoins like $ENA (10.8% gain), $INJ, $XLM, and $BONK are also posting double-digit rallies.
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๐ง My Take:
Momentum is back โ and macro conditions are aligning in cryptoโs favor
If CPI data is low, expect $BTC to test $120K and $ETH to head back toward $4K+
Sentiment = cautiously optimistic
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