What’s Driving the Market?
- Institutional interest continues to grow, especially in Bitcoin ETFs and tokenized assets
- Regulatory clarity in major markets is boosting investor sentiment
- AI and gaming tokens are trending, reflecting broader tech integration into crypto
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💸 MEXC Airdrop: Offers up to $320 USDT in bonuses for new users and active traders. Includes a permanent 20% fee rebate for participants.
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While Bitcoin (BTC) and Ethereum (ETH) weathered broader market turbulence with relative stability, XRP’s 45.62% drop from its all-time high of $3.84 underscores a deeper issue: the token’s price action remains disproportionately tied to Ripple’s corporate decisions rather than organic demand.
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US President Donald Trump ordered strikes on three main Iranian nuclear sites on Saturday, unleashing mayhem in global markets, which saw Bitcoin price drop below the $100,000 mark, its lowest point since May 8.
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Solana rallied nearly 5% on Friday, down almost 10% in the past week. The Ethereum competitor will likely rally towards its $165 target, a 13% rally within the next week. While Ethereum draws the interest of institutional investors, Solana is competing through partnerships and decentralized applications on the blockchain.
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