Roma

@smith777

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265 Followers

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Bitcoin (BTC): JPMorgan Chase, led by CEO Jamie Dimon, will now allow clients to buy bitcoin, despite Dimon’s continued skepticism about crypto due to its association with illicit activities. The bank will not custody the asset itself. Bitcoin is holding above $100,000, with analysts predicting a potential rally into the summer, supported by a bullish "golden cross" pattern on charts.

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Bitcoin Market Dynamics: Bitcoin is holding above $100,000, with analysts suggesting a potential rally into the summer. Despite a recent dip to $101,000, it rebounded to around $103,000. The broader crypto market cap is at $3.4 trillion, down 4.4% recently due to profit-taking and macroeconomic factors like a stronger dollar and trade tensions. Analysts view this as a correction within a bullish trend.

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Bitcoin Surges Above $100,000: Bitcoin recently broke the $100,000 mark for the first time since February, driven by a U.S.-UK trade agreement and optimism from U.S. Treasury Secretary Scott Bessent’s comments on de-escalating trade tensions. The total crypto market cap rose 2.5% in 24 hours to $3.09 trillion. Other cryptocurrencies like Ether (+18%), Solana (+10%), and Dogecoin (+12%) also rallied.

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Market Movements: Bitcoin is holding steady around $94,000, despite a slight market dip as investors await the U.S. Federal Reserve’s next rate decision. Ethereum and XRP have seen minor declines, with the global crypto market cap at $2.93-$3.06 trillion, down 3% recently. However, SUI surged 5.1% to $3.44, bucking the trend due to strong network activity. Analysts suggest a potential Bitcoin rally, as its “Risk-Off” signal hit a 5-year low, historically preceding a 1,550% price surge

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