24hours left. You can join & win 1$BNB if you have luck.
CRYPTOxWHALE
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Market keeps sliding, with $BTC dropping to $86K, but some altcoins are rallying—$SAFE (+27%) after a report confirmed no vulnerabilities in Safe’s code linked to Bybit attack.
Fear & Greed Index plunges to 10, matching the extreme fear levels seen during the collapses of Celsius, Terra, and 3AC. 🎯
Many people don’t know about the $0.01 game. You can win 1 BNB with just $0.01 if luck is on your side. And if you don’t win, you’ll get your $0.01 back. So, you can join without any risk! https://app.binance.com/uni-qr/LtTRQEJY?utm_medium=web_share_copy
#BITCOIN Price has been going down for almost 10% since our initial analysis, prediction on market correction. 🔽
Now price is getting closer to a very important support zone that CAN act as the past defense zone for the bulls. The reaction we get here, will clarify the fate of the #altseason. 🫡 $BTC #BTCDipOrRebound #SaylorBTCPurchase
As of February 5, 2025, Bitcoin (BTC) is trading at approximately $97,707, reflecting a slight decrease of 0.44% from the previous day.
Recent market movements have been influenced by geopolitical events, notably the U.S.-China trade tensions. The U.S. has imposed tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods, leading to increased volatility in both traditional and crypto markets. In response, China has implemented retaliatory tariffs of 10% and 15% on U.S. products such as coal, oil, natural gas, and agricultural equipment. These developments have heightened investor concerns, contributing to Bitcoin's recent price fluctuations.
Despite these challenges, Bitcoin's market dominance has risen to over 60%, indicating a shift by investors towards more established cryptocurrencies during uncertain times.
In regulatory news, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has outlined ten priorities for the agency's new Crypto Task Force, signaling potential shifts in the regulatory landscape.
Additionally, El Salvador has continued its Bitcoin accumulation strategy, purchasing 12 more BTC, bringing its total holdings to 6,068 BTC.
Investors are advised to monitor these developments closely, as geopolitical tensions and regulatory changes continue to influence Bitcoin's market dynamics.
15 states are moving to create Bitcoin reserve funds, with Arizona & Utah leading the charge! Others are finalizing proposals—BTC adoption is heating up! 🔥#BitcoinReserveWave $BTC
Yes, several financial firms have recently filed applications to launch exchange-traded funds (ETFs) that focus on XRP, the cryptocurrency associated with Ripple. Grayscale Investments has applied to the U.S. Securities and Exchange Commission (SEC) to convert its $16.1 million XRP Trust into an ETF. If approved, this would be the first regulated XRP fund in U.S. markets, making XRP investments more accessible to everyday investors.
Similarly, Purpose Investments has filed a prospectus with Canadian securities regulators to launch the Purpose Ripple ETF, aiming to provide long-term capital appreciation through direct holdings of XRP. This initiative seeks to bridge traditional and decentralized finance by offering innovative crypto investment strategies within a regulated framework.
These developments reflect a growing interest in making XRP more accessible to investors through regulated financial products.