Posts

Showing posts with the label crypto market trends

Powell's Fed Shift Sends Bitcoin Soaring 15% to $105K Before Meeting

Image
Bitcoin price surge hit powerful new records as the leading cryptocurrency rocketed past $105,000 on Wednesday, triggering quite a shift in crypto market trends. A remarkable rally unfolded right after the Federal Reserve announced its plan to keep current interest rates steady, with Bitcoin volatility staying surprisingly stable through such dramatic moves. The world’s largest digital asset showcased impressive investment security while numerous policy signals shifted around it. Also Read: Cardano: ADA To Surge 146% To Sit At $2: Here’s When Fed’s Policy Changes and Bitcoin’s Price Surge Amid Crypto Volatility Source: WSJ News Fed’s Strategic Rate Hold Several market watchers praised the Federal Reserve’s decision to keep interest rates between 4.25% and 4.50%. Multiple investors watched the Bitcoin price surge as numerous comments from Fed Chair Powell sparked fresh confidence. Powell said: “Banks are perfectly able to serve crypto customers as long...

XRP Price Prediction: As Top Ripple Executives Meet Donald Trump, Partners With Chainlink And SLAP Jumps 27% Ahead Of Airdrop

Image
The XRP price dropped 5% in the last 24 hours to trade at $2.29 as of 00:58 a.m. EST on trading volume that surged 78% to $7.5 billion. This comes as top Ripple executives met with President-elect Donald Trump. Ripple CEO Brad Garlinghouse shared a picture of the firm’s senior executives with Trump, saying, “Great dinner with Donald Trump and Stuart Alderoty. Strong start to 2025!” Great dinner last night with @realDonaldTrump & @s_alderoty. Strong start to 2025! pic.twitter.com/UjM6lahUG4 — Brad Garlinghouse (@bgarlinghouse) January 8, 2025 The dinner comes on the eve of a crucial SEC vs. Ripple case deadline. The SEC is expected to file its appeal-related opening brief by January 15 if it plans to challenge the Programmatic sales of the XRP ruling.  In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP did not satisfy the third prong of the Howey Test. Meanwhile, Ripple and Chainlink have announced a strategic alliance to inc...

DOGS Price Prediction: DOGS Dips 5% As FreeDurov Trends, But Top Traders Rush To Buy This 2.0 DOGE ICO Before It Ends

Image
The DOGS price dropped 5% in the last 24 hours to trade at $0.001139 as of 03:56 a.m. EST on trading volume that plunged 44% to $910 million. This comes as the campaign for the release of the Telegram CEO, Pavel Durov, intensifies, with the #FreeDurov trend gathering momentum. Durov was arrested over the weekend as part of an initial probe into charges involving fraud, drug trafficking, cyberbullying, organized crime, and propaganda of terrorism in the messaging app. DOGS Price Bearish – Bulls Aim For A Rebound Since its launch, the price of DOGS has been on a downtrend, mainly due to the selling pressure from investors who benefitted from their anticipated airdrop. However, according to data from GeckoTerminal , DOGS has found support at $0.001116, which has resulted in its price trading within the descending triangle pattern. DOGS has since plunged below the 50-day Simple Moving Averages (SMAs), supporting the bearish trend. Furthermore, the Relative Strength Index (RSI)...