Bitcoin price: Bitcoin settled today at around $95,000, recording an increase of 0.8% during the day, and 1.8% over the past week.
Performance of other currencies:
Ethereum (ETH): increased by 0.5% to reach $1,803.66.
Ripple (XRP): decreased by 0.3% to reach $2.2585.
๐ Market Analysis and Predictions
Price forecast: Analyses indicate that the price of Bitcoin may reach $130,000 before the summer of 2025, driven by increased institutional demand and flows from exchange-traded funds (ETF).
Year-end predictions: Bitcoin is expected to range between $108,982 and $127,486, with the possibility of reaching $132,000 by the end of 2025. Ripple (XRP): decreased by 0.3% to $2.2585.
Binance Coin (BNB): decreased by 0.8% to $602.81.
Solana (SOL): increased by 0.5% to $147.336.
Dogecoin (DOGE): decreased by 0.8% to reach $0.176035. ๐ Technical Analysis
Support and resistance levels: Technical analyses indicate that Bitcoin may face strong resistance at the $95,000 level, with strong support at $90,000. ๐ฆ Institutional and Regulatory Developments
Investment Fund Flows: Bitcoin-linked exchange-traded funds saw massive cash inflows exceeding $3.2 billion, reflecting increasing interest from institutional investors.
Launch of the Bitcoin Yield Fund: The "Coinbase" platform has announced the launch of the Bitcoin Yield Fund dedicated to institutional investors, starting from May 1, with the aim of achieving annual returns ranging from 4% to 8%.
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#GT #BTC #XRP #ETH #DOGE ๐ธ๐ฐ๐ฆ๐ฎ๐๐ฏ๐
๐ Bitcoin and Cryptocurrency Performance
Bitcoin price: Bitcoin settled today at around $95,000, recording an increase of 0.8% during the day, and 1.8% over the past week.
Performance of other currencies:
Ethereum (ETH): increased by 0.5% to reach $1,803.66.
Ripple (XRP): decreased by 0.3% to reach $2.2585.
๐ Market Analysis and Predictions
Price forecast: Analyses indicate that the price of Bitcoin may reach $130,000 before the summer of 2025, driven by increased institutional demand and flows from exchange-traded funds (ETF).
Year-end predictions: Bitcoin is expected to range between $108,982 and $127,486, with the possibility of reaching $132,000 by the end of 2025. Ripple (XRP): decreased by 0.3% to $2.2585.
Binance Coin (BNB): decreased by 0.8% to $602.81.
Solana (SOL): increased by 0.5% to $147.336.
Dogecoin (DOGE): decreased by 0.8% to reach $0.176035.
๐ Technical Analysis
Support and resistance levels: Technical analyses indicate that Bitcoin may face strong resistance at the $95,000 level, with strong support at $90,000.
๐ฆ Institutional and Regulatory Developments
Investment Fund Flows: Bitcoin-linked exchange-traded funds saw massive cash inflows exceeding $3.2 billion, reflecting increasing interest from institutional investors.
Launch of the Bitcoin Yield Fund: The "Coinbase" platform has announced the launch of the Bitcoin Yield Fund dedicated to institutional investors, starting from May 1, with the aim of achieving annual returns ranging from 4% to 8%.