The cryptocurrency market has generally been moving sideways and slightly downward in recent days. Here is a brief summary:
* Bitcoin (BTC): It is trading in the $ 108,000 - $ 110,000 range. While a consolidation and possible pullback are being discussed in the short term, long-term institutional purchases and the $ 1 million scenario are still on the agenda.
* Ethereum (ETH): It fluctuates around $ 2,650 - $ 2,700. $ 2,500 is watched as the critical support level. Some analysts are talking about much higher targets in the long term.
* Altcoins: It is generally parallel to the movements of Bitcoin and Ethereum. While the $ 300 target for Solana (SOL) is strengthening, Monero (XMR) has experienced a remarkable rise recently. On the other hand, bearish signals dominate XRP.
* Featured News: * Institutional interest continues: While companies such as MicroStrategy continue to purchase Bitcoin, financial giants such as JPMorgan continue their interest in the crypto market. * Trump's crypto effect: Although Trump's crypto investment plans and his goal of becoming a "Bitcoin superpower" are talked about in the market, there were also declines after his tax statements.
* FTX refunds: FTX court ruled to pay $12.7 billion to its customers.
* Elon Musk and X Money: Beta tests of X Money have started and are expected to be active in 2025.
Although a cautious atmosphere prevails in the market in general, long-term expectations and institutional interest continue. Volatility may continue in the short term.
#Gate was named "Best Crypto Exchange 2025"# #Gate was named "Best Crypto Exchange 2025"# #Bitcoin 2025 Conference Opens#
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
14 Likes
Reward
14
8
Share
Comment
0/400
ITSNOTUS
· 05-28 19:22
#PI# with a simple heart, slowly preparing for life. With one pure joy, it is worth passing through this world. May we all be able to preserve each other in simplicity and appreciate what we have. To understand nature, to understand oneself, to understand people.
Reply0
GateUser-05bb0523
· 05-28 17:38
soon one hundred percent will be mega altseason the market will explode and make us rich Solana at 1000🎢
The cryptocurrency market has generally been moving sideways and slightly downward in recent days. Here is a brief summary:
* Bitcoin (BTC): It is trading in the $ 108,000 - $ 110,000 range. While a consolidation and possible pullback are being discussed in the short term, long-term institutional purchases and the $ 1 million scenario are still on the agenda.
* Ethereum (ETH): It fluctuates around $ 2,650 - $ 2,700. $ 2,500 is watched as the critical support level. Some analysts are talking about much higher targets in the long term.
* Altcoins: It is generally parallel to the movements of Bitcoin and Ethereum. While the $ 300 target for Solana (SOL) is strengthening, Monero (XMR) has experienced a remarkable rise recently. On the other hand, bearish signals dominate XRP.
* Featured News:
* Institutional interest continues: While companies such as MicroStrategy continue to purchase Bitcoin, financial giants such as JPMorgan continue their interest in the crypto market.
* Trump's crypto effect: Although Trump's crypto investment plans and his goal of becoming a "Bitcoin superpower" are talked about in the market, there were also declines after his tax statements.
* FTX refunds: FTX court ruled to pay $12.7 billion to its customers.
* Elon Musk and X Money: Beta tests of X Money have started and are expected to be active in 2025.
Although a cautious atmosphere prevails in the market in general, long-term expectations and institutional interest continue. Volatility may continue in the short term.
#Gate was named "Best Crypto Exchange 2025"#
#Gate was named "Best Crypto Exchange 2025"#
#Bitcoin 2025 Conference Opens#
With one pure joy, it is worth passing through this world.
May we all be able to preserve each other in simplicity and appreciate what we have.
To understand nature, to understand oneself, to understand people.
Solana at 1000🎢