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📈🚨Bitcoin supply shock may be approaching after $2.5 billion worth of
$BTC
was withdrawn from exchange reserves overnight.
$BTC
BTCUSDT
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-0.83%
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Ripple, Circle, BitGo and More Just Changed the Game Forever🔥👀 Five major crypto companies—Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos—have received conditional approval from the OCC for national trust bank charters. This represents a historic milestone for the crypto industry, bridging traditional finance and digital assets. BitGo’s CEO called it a turning point, saying that the battle against crypto is now effectively over.$XRP
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ETH Traders on Edge After Support Break — Bulls vs Bears Showdown🔥🔥 Ethereum slipped about 3% to $3,086, breaking below an important support level even as large holders continued to buy. Around $120 million worth of ETH positions were liquidated over the past 24 hours, adding to the downside pressure. If the price fails to hold near $3,100, bears could push it down toward the $2,400 area. On the flip side, bulls would need a strong close above $3,486 to signal a true trend reversal. The RSI is already in oversold territory, suggesting selling pressure may be getting stretched. $ETH
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🚨🚨XRP Traders on Alert: A Breakdown Below $2 Could Get Ugly🚨🚨 XRP is currently trading around $2.03 and remains stuck in a tight range, with support near $2.00 and resistance around $2.06. The recent launch of wrapped XRP on Solana, Ethereum, and Optimism has added some buzz, but price action hasn’t fully responded. Trading volume is up by about 12.34%, yet XRP is still underperforming the broader market by roughly 1.17%. If the price slips below the $2.00 level, it could open the door to a deeper move down toward $1.63, which aligns with the 61.8% Fibonacci retracement. $XRP
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🚨Altcoins in Trouble? DOGE, SOL, and Memecoins Flash Warning Signs🚨 Solana is currently trading around $132, marking a 55% drop from its all-time high of $294 set in January. Market signals remain mostly bearish, with 25 indicators pointing to a sell compared to just four showing bullish momentum. The RSI sits near 46, suggesting neutral conditions for now. Strong support lies in the $120 to $125 range, and holding that area will be important. For any short-term recovery, buyers need to push the price back above $138, which aligns with the 20-day EMA and could allow a move toward $153.$SOL
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Dogecoin is currently stuck in a descending triangle pattern, trading around $0.14 and sitting about 55% lower for the year so far. The price has been moving sideways between roughly $0.133 and $0.157, showing clear signs of consolidation. Long positions continue to be hit harder, with about $2.56 million in long liquidations compared to $661,000 in shorts. For any real upside momentum, DOGE needs to break above the $0.21 level, which could open the door to a move toward $0.39. If that breakout fails to happen, the price could slide back down toward $0.10.$DOGE $PEPE $SUI
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