Bitcoin Taps $117,000, Ethereum, XRP, Dogecoin Shine On Federal Reserve Rate Cut
I'm PortAI, I can summarize articles.
Cryptocurrency markets surged following the Federal Reserve's 25-basis point rate cut, enhancing risk sentiment. Bitcoin reached $117,000, with analysts suggesting a breakout could lead to $120,000. Ethereum's chart indicates a potential drop to $4,570, while XRP shows signs of a breakout above $3.10. Dogecoin is also poised for upward movement. Notably, $400.85 million was liquidated from traders in 24 hours, and there were net outflows from Bitcoin and Ethereum ETFs.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments