Earlier today, I spotted SOL pulling back after hitting $149.54. Watching closely, I noticed it dipping toward the $144 range – a zone I’ve seen act as support before.
With the KDJ dipping into oversold and volume starting to pick up, I trusted the signal and entered at $144.8. A few candles later, we saw a recovery back to $146+. Quick trade, small gain, but a perfect reminder that patience and timing matter.
This chart says it all – not every win is big, but every smart trade builds confidence.
As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,881, reflecting a 2.8% increase over the past 24 hours. The cryptocurrency reached an intraday high of $97,513 and a low of $93,587.
Key Developments:
FOMC Meeting Anticipation: Investors are closely watching the Federal Open Market Committee (FOMC) meeting scheduled for later today. Speculation surrounds potential interest rate decisions, which could influence Bitcoin's price trajectory. Analysts suggest that dovish signals might propel BTC toward the $100,000 mark, while hawkish tones could lead to a pullback to around $91,000.
Institutional Activity: Recent movements include the activation of long-dormant Bitcoin wallets, transferring significant amounts of BTC. Additionally, major financial institutions are reportedly increasing their Bitcoin holdings, indicating growing institutional interest in the cryptocurrency market.
ETF Flows: Fidelity's Bitcoin ETF reported zero inflows on May 7, marking a pause in new capital entering this investment vehicle. This stagnation could reflect investor caution ahead of the FOMC meeting.
Overall, Bitcoin's recent performance showcases its resilience and the market's anticipation of forthcoming economic indicators. The cryptocurrency's trajectory will likely be influenced by the outcomes of the FOMC meeting and ongoing institutional engagement. #FOMCMeeting #BTC
WAKE UP, XRP HOLDERS! $XRP Might Be Built for the Chaos Ahead
Read this to the end — it could shift your entire outlook.
The world is on edge. From the Middle East to Eastern Europe to Asia, tensions are rising fast. Whispers of World War 3 are getting louder — and global markets are already trembling.
Crypto won’t escape the storm. But XRP? It might just be designed for times like these.
Why XRP Could Lead in a Financial Crisis: ✅ Built for Utility, Not Hype — XRP was created for real-world transactions, not viral trends. ✅ Cross-Border Power — When traditional finance stumbles, RippleNet offers a fast, borderless alternative. ✅ Regulatory Momentum — XRP is gaining legal clarity in the U.S., unlike most cryptos still stuck in limbo. ✅ Institutional Interest — While retail investors chase meme coins, smart money is eyeing XRP quietly.
Bottom Line: If global markets crash tomorrow, XRP might drop temporarily — but it could also become a cornerstone of a new financial system.
Ask yourself: Are you just here for the hype? Or are you positioned for a future where utility wins over speculation?
?$?🇸 U.S. Stable coin Bill Faces Political Turmoil
The GENIUS Act, a bipartisan effort to regulate U.S. stable coins, is encountering significant hurdles. Introduced in February 2025, the bill aims to establish a federal licensing framework for stable coin issuers, requiring them to maintain 1:1 reserves and comply with federal banking regulations.
However, political tensions have escalated following reports that former President Donald Trump's family could financially benefit from a stable coin deal involving a Dubai firm. This has led to concerns over potential conflicts of interest and national security risks.
In response, Senate Democrats have withdrawn support for the GENIUS Act and introduced the "End Crypto Corruption Act," aiming to ban federal officials and their families from investing in or endorsing digital assets.
With the Senate vote approaching this Thursday, the future of the GENIUS Act remains uncertain. The outcome will significantly impact the regulatory landscape for stablecoins in the U.S. $BTC $SOL $XRP