The latest news and developments in the cryptocurrency market:
General Market Situation: * Bitcoin (BTC) is trading above the $103,000 level. Some analysts say that it could stay above $100,000 with institutional investor interest and whale purchases continuing. * Ethereum (ETH) is also in an uptrend and is trading above $2,500. Positive expectations for spot Ethereum ETFs are supporting the price. * With the easing of trade tensions between the US and China, a generally positive atmosphere prevails in crypto markets. Key Developments: * JPMorgan predicts that Bitcoin will surpass gold in terms of market value thanks to growth in derivatives markets. * BlackRock's spot Bitcoin ETF (IBIT) has recorded net inflows in all of the last 20 trading days. This shows that institutional demand is strong. * Blockchain company BTCS plans to buy $57.8 million worth of Ethereum. * The Sui blockchain's total locked value (TVL) has reached a new high, exceeding $2 billion. This shows that the platform's adoption is increasing. * The US Securities and Exchange Commission (SEC) has approved applications for a spot Ethereum ETF, with a net inflow of $106 million on the first day of trading. * Ukraine is preparing Europe's first national Bitcoin reserve law. * Dogecoin (DOGE) saw a significant increase in the number of active addresses. Price Movements: * Hyperliquid (HYPE) and Aave (AAVE) are among the cryptocurrencies that gained the most value in the last 24 hours. * The most traded cryptocurrencies are generally Bitcoin, Ethereum and Tether (USDT). Analyst Comments: * Some analysts believe that Bitcoin reaching $220,000 in 2025 is "reasonable". Notable:
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The latest news and developments in the cryptocurrency market:
General Market Situation:
* Bitcoin (BTC) is trading above the $103,000 level. Some analysts say that it could stay above $100,000 with institutional investor interest and whale purchases continuing.
* Ethereum (ETH) is also in an uptrend and is trading above $2,500. Positive expectations for spot Ethereum ETFs are supporting the price.
* With the easing of trade tensions between the US and China, a generally positive atmosphere prevails in crypto markets.
Key Developments:
* JPMorgan predicts that Bitcoin will surpass gold in terms of market value thanks to growth in derivatives markets.
* BlackRock's spot Bitcoin ETF (IBIT) has recorded net inflows in all of the last 20 trading days. This shows that institutional demand is strong.
* Blockchain company BTCS plans to buy $57.8 million worth of Ethereum.
* The Sui blockchain's total locked value (TVL) has reached a new high, exceeding $2 billion. This shows that the platform's adoption is increasing.
* The US Securities and Exchange Commission (SEC) has approved applications for a spot Ethereum ETF, with a net inflow of $106 million on the first day of trading.
* Ukraine is preparing Europe's first national Bitcoin reserve law.
* Dogecoin (DOGE) saw a significant increase in the number of active addresses.
Price Movements:
* Hyperliquid (HYPE) and Aave (AAVE) are among the cryptocurrencies that gained the most value in the last 24 hours.
* The most traded cryptocurrencies are generally Bitcoin, Ethereum and Tether (USDT).
Analyst Comments:
* Some analysts believe that Bitcoin reaching $220,000 in 2025 is "reasonable".
Notable: