✨ 05/12 - Crypto Market: Stability to Continue the Uptrend?
Capital flows are shifting and the market has shown many positive signals in the past 24 hours. My perspective: we are still in an uptrend, and these correction waves only make the market healthier.
Key Price Movements • BTC holds steady above 92k USD, trading in the 90.9k — 94.2k range. Despite a slight 1-1.5% drop, market sentiment has become more positive. • ETH remains stable around 3,100 USD. • BNB approaches 910 USD with a strong increase in volume. • XRP, SOL, and other altcoins also have their own volatility.
Notable News • CFTC approves spot crypto trading, paving the way for Bitnomial. • Bank of America expands crypto access for high-net-worth clients. • Coinbase x Chainlink launch Base ↔ Solana bridge to enhance ecosystem interoperability. • Europol busts 700M EUR money laundering network; Cayman Islands issues a ruling that could impact DAO structures. • Bitcoin ETFs still see outflows, but BlackRock's CEO reveals sovereign wealth funds have quietly bought in during the dip.
Uptrends always come with corrections — what's important is that both capital flows and news are supporting the market. #Crypto #Bitcoin #Ethereum #Altcoins #Web3
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✨ 05/12 - Crypto Market: Stability to Continue the Uptrend?
Capital flows are shifting and the market has shown many positive signals in the past 24 hours. My perspective: we are still in an uptrend, and these correction waves only make the market healthier.
Key Price Movements
• BTC holds steady above 92k USD, trading in the 90.9k — 94.2k range. Despite a slight 1-1.5% drop, market sentiment has become more positive.
• ETH remains stable around 3,100 USD.
• BNB approaches 910 USD with a strong increase in volume.
• XRP, SOL, and other altcoins also have their own volatility.
Notable News
• CFTC approves spot crypto trading, paving the way for Bitnomial.
• Bank of America expands crypto access for high-net-worth clients.
• Coinbase x Chainlink launch Base ↔ Solana bridge to enhance ecosystem interoperability.
• Europol busts 700M EUR money laundering network; Cayman Islands issues a ruling that could impact DAO structures.
• Bitcoin ETFs still see outflows, but BlackRock's CEO reveals sovereign wealth funds have quietly bought in during the dip.
Uptrends always come with corrections — what's important is that both capital flows and news are supporting the market.
#Crypto #Bitcoin #Ethereum #Altcoins #Web3