Bitcoin Surges Back To $112,000 As Ethereum, XRP, Dogecoin Rally On Fed's Crypto Payment Signals
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Bitcoin surged to $114,000 following the Federal Reserve's plans to explore payment accounts for crypto firms. In the last 24 hours, 141,966 traders were liquidated, totaling $557.15 million. Notable developments include BMNR's potential breakout and Coinbase's $375M deal. Analysts suggest Bitcoin remains rangebound, with key levels at $111,200 and $116,000. A bullish sentiment prevails, but volatility is high, influenced by CPI data and U.S.-China trade relations.
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