Crypto Price Analysis 5-28: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, LITECOIN: LTC, INJECTIVE: INJ
The post Crypto Price Analysis 5-28: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, LITECOIN: LTC, INJECTIVE: INJ appeared on BitcoinEthereumNews.com. The crypto market registered a marginal drop over the past 24 hours as Bitcoin (BTC) slipped below $109,000. The flagship cryptocurrency has struggled to reclaim $110,000 after briefly crossing it on Wednesday. However, it lost momentum after reaching this level and fell to a low of $109,065 before rebounding to its current level. BTC is marginally down over the past 24 hours, trading around $108,819. Meanwhile, Ethereum (ETH) continued to trade in positive territory, with the price up nearly 2%, trading around $2,631. Ripple (XRP) is marginally down, trading around $2.29, while Solana (SOL) is around $174. Dogecoin (DOGE), Cardano (ADA), Stellar (XLM), Chainlink (LINK), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) also registered notable declines. However, Litecoin (LTC) bucked the bearish trend and registered a marginal increase. US Markets Rally As Trump Delays EU Tariffs The US stock market soared after President Donald Trump agreed to delay a 50% tariff on imports from the European Union. The delay eased investor concerns of a renewed trade war and suggested a potential for accelerated negotiations. The Dow Jones Industrial Average rose almost 740 points while the S&P 500 rose over 2%. The Nasdaq Composite rose nearly 3%, with Nvidia, Tesla, and Apple shares posting substantial gains. Following President Trump’s decision, the European Union agreed to expedite trade discussions in the hope of “averting the mutual pain of tariffs.” Investor sentiment was further boosted by returning consumer confidence, which increased after declining for five months. Tuesday’s market recovery saw over 90% of S&P 500 companies close higher. Bond markets were optimistic, with US Treasuries rallying and yields falling. The 10-year yield fell to 4.43%, while the 30-year yield dropped to 4.94%. The US Dollar also strengthened, with global bond markets responding positively to the news that Japan will scale back long-term bond…
The post Crypto Price Analysis 5-28: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, LITECOIN: LTC, INJECTIVE: INJ appeared on BitcoinEthereumNews.com.
The crypto market registered a marginal drop over the past 24 hours as Bitcoin (BTC) slipped below $109,000. The flagship cryptocurrency has struggled to reclaim $110,000 after briefly crossing it on Wednesday. However, it lost momentum after reaching this level and fell to a low of $109,065 before rebounding to its current level. BTC is marginally down over the past 24 hours, trading around $108,819. Meanwhile, Ethereum (ETH) continued to trade in positive territory, with the price up nearly 2%, trading around $2,631. Ripple (XRP) is marginally down, trading around $2.29, while Solana (SOL) is around $174. Dogecoin (DOGE), Cardano (ADA), Stellar (XLM), Chainlink (LINK), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) also registered notable declines. However, Litecoin (LTC) bucked the bearish trend and registered a marginal increase. US Markets Rally As Trump Delays EU Tariffs The US stock market soared after President Donald Trump agreed to delay a 50% tariff on imports from the European Union. The delay eased investor concerns of a renewed trade war and suggested a potential for accelerated negotiations. The Dow Jones Industrial Average rose almost 740 points while the S&P 500 rose over 2%. The Nasdaq Composite rose nearly 3%, with Nvidia, Tesla, and Apple shares posting substantial gains. Following President Trump’s decision, the European Union agreed to expedite trade discussions in the hope of “averting the mutual pain of tariffs.” Investor sentiment was further boosted by returning consumer confidence, which increased after declining for five months. Tuesday’s market recovery saw over 90% of S&P 500 companies close higher. Bond markets were optimistic, with US Treasuries rallying and yields falling. The 10-year yield fell to 4.43%, while the 30-year yield dropped to 4.94%. The US Dollar also strengthened, with global bond markets responding positively to the news that Japan will scale back long-term bond…
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