Cardano ($ADA ) is trading at 0.6987, showing a sharp 6.77% drop in the past 24 hours, signaling strong selling pressure. The price fluctuated between a high of 0.7566 and a low of 0.6845, reflecting notable intraday volatility. With a 24h volume of 154.3 million $ADA and 110.89 million USDT, the market is highly active, offering opportunities for both breakout and pullback traders. Key resistance is forming near 0.7342, while support is holding around 0.6845. Traders should monitor indicators like MACD, EMA, and SAR for momentum shifts. A break above 0.7342 could trigger a bullish reversal, while a drop below 0.6845 may open room for further downside. Stay alert and trade with precision. #CEXvsDEX101 #TradingTypes101 #ElonMuskDOGEDeparture #ElonMuskDOGEDeparture #Bitcoin2025 $ADA ADA
US President Donald Trump continues to influence the cryptocurrency market with his statements.
At this point, Trump, who made a customs tax announcement against the EU last Friday, caused a decline in Bitcoin (BTC) and altcoins.
Trump stated that the ongoing customs duty negotiations with the European Union were not progressing as desired and proposed a 50% customs duty on all EU imports starting from June 1, 2025.
There was a new development in EU customs duties after the weekend, and Trump announced that after his meeting with European Commission President Von Der Leyen, he agreed to extend the implementation date of the 50% customs duty on EU goods from June 1 to July 9, 2025.
Von der Leyen stated that tax negotiations with the US would begin immediately.
“Today I received a call from the President of the European Commission, Ursula von der Leyen, requesting an extension of the 1 June deadline for the 50% Tariff on Trade and the European Union. I have accepted the extension — 9 July 2025 — it was a privilege for me to do so. The Commission President said that the negotiations will start quickly.”
With the developments, there was movement in Bitcoin (BTC) and altcoins.
Bitcoin started the day at $107,900, but rose above $110,000 following the news.
Ethereum (ETH) also rose by 3.6% to $2,580, while major altcoins such as XRP, BNB, Solana (SOL) and Dogecoin (DOGE) also saw significant gains.
According to data from Coinglass, $217 million worth of leveraged transactions were liquidated in the last 24 hours, $109 million of which were long positions and $107 million were short positions.
While 88,254 investors were liquidated in the last 24 hours, the largest liquidation occurred in the ETH/USDT trading pair on Binance.
$BTC 😱The truth behind Bitcoin's sudden plunge is revealed! It's not a crash; it's being 'robbed' by the stock market! 📉💥 On May 13, Bitcoin suddenly dropped below $102,000, leaving many bewildered: what exactly happened? 😵 The truth is quite simple – the US and China suddenly 'got close', cutting tariffs from a staggering 145% down to 30%, and global stock markets went wild, tech stocks surged! 🚀 Apple up 6%, Tesla up 8%, even Nvidia rose by 4.5%!
#CryptoRoundTableRemarks 😍 EXPERT VIEWS ON CRYPTO' FUTURE 🔥 Experts gathered to talk about the future of cryptocurrency 🌟. Here's what they said: *Market Volatility 📊* The crypto market can be unpredictable 🤔. Investors need to be prepared for ups and downs 📈📉. For example, Bitcoin's price surged from $70,000 to $100,000 recently 🚀. Some see this volatility as a chance to buy low and sell high 💸. *Growing Demand 🚀* More institutions are investing in crypto 💸. For instance, companies like Tesla and MicroStrategy have added Bitcoin to their balance sheets 🚀. This could help stabilize the market and drive growth 🚀. As more investors enter the space, prices might rise 🌟. *What's Next? 🤔* The experts think crypto will continue to grow 🚀. New technologies like blockchain and DeFi will shape the industry 🤖. For example, Ethereum's smart contracts have enabled decentralized finance (DeFi) applications 🌐. Stay informed and adapt to changes 💡. *Conclusion 🌟* The crypto industry is exciting and rapidly changing 🎉. With growing demand and new developments, the future looks bright 🌟! Experts are optimistic about the potential for crypto to transform the way we think about money 💸. As the industry evolves, we'll see new opportunities and challenges 🌐. #CryptoRoundTableRemarks
#CryptoCPIWatch Volatility is increasing in crypto markets ahead of the release of the US Consumer Price Index (CPI) data today. Investors are closely watching how the inflation data will affect the Federal Reserve's interest rate policies and its impact on crypto assets. Bitcoin (BTC) fell 1.83% to $102,489 in the last 24 hours. BTC, which rose as high as $105,525 during the day, fell to $101,065. Ethereum (ETH) is trading at $2,453.76, down 2.48%. Its intraday high was $2,600.58, while its low was $2,425.28. 🧾CPI Data and Expectations US April CPI data will be released today. The market expectation is for annual inflation to remain stable at 2.4%. However, Truflation data shows that inflation is at 1.68%. If the data comes in below expectations, this may strengthen expectations that the Federal Reserve may cut interest rates and increase demand for risky assets. This may trigger upward movements in crypto markets. Liquidations and Market Reaction A total of $730 million worth of positions were liquidated in the crypto markets in the last 24 hours. 73% of these liquidations were long positions. This shows that investors are closing their positions to reduce their risk ahead of the CPI data.
$HBAR /USDT – Momentum Building for a Breakout! HBAR is flexing strength with a solid uptrend on the 15-minute chart, and it's knocking at resistance with bullish volume
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