🚀 Crypto Highlights: Bitcoin Soars, XRP Stumbles, SHIB Burns Spike!
Here are the top weekend updates shaking the crypto world:
1️⃣ Peter Schiff's Take on Bitcoin's $99,180 Pump
Bitcoin's rally to $99,180 on Friday turned heads! Peter Schiff, a vocal critic, attributes this surge to MicroStrategy’s $3B Bitcoin buying spree funded by convertible debt. He warns the rally may not last, with potential risks looming if institutional buying slows down.
2️⃣ XRP Fails to Hold $1.50 Resistance
XRP broke the $1.50 mark briefly, hitting $1.60, only to fall back to $1.44. Sellers dominate, raising concerns about diminishing buying power. Can XRP reclaim $1.50 or even soar to $2? Watch closely!
3️⃣ Shiba Inu Burn Rate Explodes 49,646%
Shiba Inu saw a massive burn activity over the weekend, with 175M SHIB tokens sent to unspendable wallets. Despite a price boost of 10%, the weekly burn rate remains subdued. Current SHIB price: $0.00002557.
💡 Disclaimer:
Cryptocurrency investments are highly volatile and speculative. This post is for informational purposes only and does not constitute financial advice. Always DYOR (Do Your Own Research) before investing!
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