Crypto Price Analysis 5-9: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, STELLAR: XLM, CHAINLINK: LINK. ARBITRUM: ARB
The post Crypto Price Analysis 5-9: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, STELLAR: XLM, CHAINLINK: LINK. ARBITRUM: ARB appeared on BitcoinEthereumNews.com. The crypto market surged as Bitcoin (BTC) and other cryptocurrencies registered significant increases after global trade deals fueled another historic rally. BTC shattered the $100,000 barrier after President Trump announced a comprehensive trade deal between the US and the UK. The flagship cryptocurrency is up nearly 4% over the past 24 hours, trading around $102,708 after reaching an intraday high of $103,756. Meanwhile, Ethereum (ETH) surged past $2,000, registering a staggering jump of nearly 17% and moving to its current level of $2,217. Ripple (XRP) also broke out of its trading range, registering an increase of over 5% to $2.29. Meanwhile, Solana (SOL) surged past $155 and $160, rising over 8% in the past 25 hours and settling at $162. Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), Polkadot (DOT), and Litecoin (LTC) also registered significant price increases. Crypto Market Rallies The crypto market cap surged as Bitcoin (BTC) shattered the $100,000 resistance and moved to its current level of $102,993. BTC breached this level after spending weeks in a narrow trading range between $90,000 and $96,000. The crypto market’s rally comes amid significant developments, as President Donald Trump announced a major trade deal with the UK. The deal signaled a potential de-escalation of global trade tensions, improving market sentiment and investor risk appetite. Treasury Secretary Scott Bessent’s trip to Switzerland to meet with officials from the Chinese Ministry of Commerce has sparked further optimism. Bessent stated during an interaction with press officials, “The current tariffs and trade barriers are unsustainable, but we don’t want to decouple.” BTC’s rally led to significant losses for bearish traders, who paid heavily for their bets against Bitcoin. According to Coinglass data, over $118 million in short positions were liquidated over the past 24 hours. US Senate Votes Against GENIUS…
The post Crypto Price Analysis 5-9: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, STELLAR: XLM, CHAINLINK: LINK. ARBITRUM: ARB appeared on BitcoinEthereumNews.com.
The crypto market surged as Bitcoin (BTC) and other cryptocurrencies registered significant increases after global trade deals fueled another historic rally. BTC shattered the $100,000 barrier after President Trump announced a comprehensive trade deal between the US and the UK. The flagship cryptocurrency is up nearly 4% over the past 24 hours, trading around $102,708 after reaching an intraday high of $103,756. Meanwhile, Ethereum (ETH) surged past $2,000, registering a staggering jump of nearly 17% and moving to its current level of $2,217. Ripple (XRP) also broke out of its trading range, registering an increase of over 5% to $2.29. Meanwhile, Solana (SOL) surged past $155 and $160, rising over 8% in the past 25 hours and settling at $162. Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), Polkadot (DOT), and Litecoin (LTC) also registered significant price increases. Crypto Market Rallies The crypto market cap surged as Bitcoin (BTC) shattered the $100,000 resistance and moved to its current level of $102,993. BTC breached this level after spending weeks in a narrow trading range between $90,000 and $96,000. The crypto market’s rally comes amid significant developments, as President Donald Trump announced a major trade deal with the UK. The deal signaled a potential de-escalation of global trade tensions, improving market sentiment and investor risk appetite. Treasury Secretary Scott Bessent’s trip to Switzerland to meet with officials from the Chinese Ministry of Commerce has sparked further optimism. Bessent stated during an interaction with press officials, “The current tariffs and trade barriers are unsustainable, but we don’t want to decouple.” BTC’s rally led to significant losses for bearish traders, who paid heavily for their bets against Bitcoin. According to Coinglass data, over $118 million in short positions were liquidated over the past 24 hours. US Senate Votes Against GENIUS…
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