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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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As of March 13, 2025, the cryptocurrency market is experiencing notable volatility, influenced by recent policy announcements and global economic factors.
Market Overview:
Bitcoin (BTC): Currently trading at $81,656, reflecting a slight decrease of 1.11% from the previous close.
Ethereum (ETH): Trading at $1,866.85, down 0.99%.
XRP: Experiencing a modest increase, currently at $2.29, up 4.57%.
Recent Developments:
U.S. Crypto Strategic Reserve: President Donald Trump announced the creation of a Crypto Strategic Reserve, aiming to include cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative seeks to position the U.S. as a leader in the digital asset space.
Russian Central Bank Proposal: The Russian Central Bank has proposed allowing wealthy individuals to invest in cryptocurrencies, marking a significant policy shift. This proposal outlines a three-year experimental legal regime for selected investors and companies to trade crypto assets.
Market Analysis:
Analysts indicate that recent buyers are locking in large losses, with the spent output profit ratio dipping to its lowest level in over a year. The decline is exacerbating conditions for leveraged traders, resulting in daily overall losses exceeding $800 million.
Outlook:
The cryptocurrency market remains highly volatile, influenced by policy decisions and broader economic trends. Investors are advised to monitor regulatory developments and market dynamics closely.