#ThanksgivingBTCMoves “Ripple currency rose by 10% amid st | kacem on Binance Square

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#ThanksgivingBTCMoves 
“Ripple currency rose by 10% amid strong high trading activity.

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Ethereum’s price rose 15% in a week and outperformed Bitcoin. Whales have shifted their focus to Ethereum, contributing to its 78% yearly growth. Analysts suggest Ethereum’s rally aligns with the bullish market trend, showing a 51% increase from its monthly low. Despite Bitcoin’s significant growth, Ethereum’s momentum indicates growing investor confidence.#MarketDownturn $ETH

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#AIAndGameFiBoom Ripple experienced a strong 20% surge in trading, reaching $1.9094 at 10:04 AM (GMT) on Saturday. This marks its highest daily increase in a long time. The surge pushed Ripple’s market cap to $108.95 billion, accounting for 5.72% of the total cryptocurrency market. At its peak, Ripple’s market cap reached $102.93 billion. Over the last 24 hours, Ripple traded between $1.7657 and $1.9418. Over the past seven days, Ripple has shown consistent growth, with its value fluctuating between $1.2853 and $1.9418. The 24-hour trading volume for Ripple was $18.39 billion, representing 7.73% of the total cryptocurrency trading volume.

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#ThanksgivingBTCMoves JPMorgan: The Dollar and Bitcoin at Risk… Trading Plan for 2025 Bitcoin, the US dollar, and global bonds may face significant risks in positioning as 2025 approaches, according to JPMorgan analysts in a Friday note. Using its cross-asset positioning tracker, JPMorgan highlights potential vulnerabilities as markets adjust to shifting liquidity and demand dynamics. The investment bank views Bitcoin and the dollar as risky positions in 2025. It stated: “We see elevated positions in equities, modestly long-term positions, near-neutral credit positions, high dollar long positions, low positions in commodities excluding gold, and elevated Bitcoin positions but more modest gold positions.” From a positioning perspective, the bank believes the most vulnerable asset classes through 2025 are equities, the dollar, and Bitcoin, while less vulnerable categories include non-gold commodities. Regarding bonds, the global supply-demand balance is expected to deteriorate in 2025, with a $0.9 trillion decline in global bond demand compared to 2024 and a relatively modest $100 billion decrease in net supply. This imbalance could exert upward pressure on yields, potentially increasing the Global Aggregate Bond Index yield by 40 basis points. Central banks will play a crucial role in these dynamics. JPMorgan notes that while the Federal Reserve is expected to end its balance sheet reduction in early 2024, it will continue shifting from mortgage-backed securities (MBS) to Treasuries. $ETH $BTC JPMorgan warns of significant risks for Bitcoin, the US dollar, and equities by 2025 due to changing market dynamics. Non-gold commodities are seen as less vulnerable. Bond markets could face higher yields due to a supply-demand imbalance, with central banks playing a critical role in market adjustments.

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#AltcoinMomentum Bitcoin Surges Strongly, Heading Back Toward $100,000 Translation to English: Bitcoin Surges Strongly, Heading Back Toward $100,000 Bitcoin has resumed its climb toward $100,000 amid indications that crypto-friendly candidates are likely to take key financial positions under Donald Trump’s administration. The digital currency rose by more than 2% in just over a week on Wednesday, reaching $97,361 before dropping to around $95,500 on Thursday morning. This rally coincided with reports of pro-crypto figures being considered for roles as chairs of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), boosting market sentiment. Trump’s Promises The president-elect has pledged to ease restrictions imposed by the Biden administration on digital assets and to facilitate industry growth, including creating a national Bitcoin reserve. These promises have sparked a wave of optimism that pushed Bitcoin close to a record high of $100,000 last week before traders turned cautious, awaiting concrete actions. Prominent crypto advocate Paul Atkins has emerged as a leading candidate to replace Gary Gensler as SEC chair, according to Bloomberg. Gensler had launched a series of actions against crypto firms for non-compliance and risky practices in the digital asset sector, making him a foe of the industry. Meanwhile, most or all potential nominees to lead the CFTC—a regulator for derivative products—are expected to support the cryptocurrency sector, which has seen a $1 trillion increase in value since Trump’s victory in the U.S. elections on November 5. Additionally, Trump’s transition team has reportedly discussed the potential creation of the first White House office dedicated to digital asset policy.$ETH # .

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Bitcoin Price Drops Amid Long-Term Holders Taking Profits Bitcoin experienced a temporary decline on Monday, falling below $93,000 and marking its longest losing streak since the start of the recent rally aiming for $100,000. Following Donald Trump’s victory in the U.S. presidential elections earlier this month, Bitcoin’s price dropped by 5% within 24 hours. It briefly dipped below $93,000 after failing to breach the $100,000 threshold, but quickly rebounded, stabilizing above $94,200 at the start of Tuesday’s trading session. The cryptocurrency market’s overall capitalization also fell by 3.8% in the past 24 hours. Long-Term Bitcoin Holders Take Profits As Bitcoin continued to reach new highs throughout the month, some long-term holders decided to take profits. According to data from Glassnode, the market faced its highest selling pressure since April 2024, driven primarily by intense sales from investors who acquired BTC 6 to 12 months ago. On average, approximately 25,600 Bitcoins were sold daily for profit-taking, particularly by those who purchased BTC 12 to 16 months ago. This group of investors had acquired Bitcoin at prices 71% lower than its value of $57,900 during that period. They capitalized on the recent rally, which pushed Bitcoin’s value to levels between $74,000 and $99,000.

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