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Bitcoin's Recovery Hinges on Nasdaq Trends

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04 Mar 2025

Bitcoin's Prospects Linked to Nasdaq Trends

The future of bitcoin's recovery is deeply connected to the Nasdaq's performance, as noted by the research service Ecoinometrics on Monday. A robust upward trend in the Nasdaq is crucial, reflecting a strong positive correlation with bitcoin's market behavior.

However, the unfolding events are unwelcome to cryptocurrency enthusiasts. On Monday, the Nasdaq developed a significant bearish reversal pattern, recognized as a "double top," which jeopardizes bitcoin's support at its 200-day simple moving average (SMA).

Bitcoin’s Wild Card: How Germany’s Debt Plans Could Shake Up Crypto

Inflation Fears, Government Sales, and Gold - What’s Next for Bitcoin? Bitcoin is entering a critical phase as Germany’s shifting economic policies threaten to reshape its trajectory. With Friedrich Merz set to become Chancellor and pushing for a €500 billion debt expansion, inflation concerns are rising - and

Are XRP Whales Preparing for a Big Move as Ripple vs. SEC Lawsuit Nears Conclusion?

Massive Accumulation Hints at a Potential Price Surge Amid Legal Speculation Ever since Donald Trump's election victory and his vow to support the crypto industry - including firing former SEC Chair Gary Gensler - speculation has been mounting about a potential resolution in the long-running lawsuit between Ripple

XRP Price Consolidates as Key Levels Hold

Ripple’s Token Struggles to Break Out - Is a Major Move Coming? Ripple’s XRP has been navigating a critical price range, bouncing between support and resistance within an expanding wedge pattern. With the 100-day moving average and the $2 support level defining its boundaries, traders are watching closely

XRP: Current Situation, SEC Negotiations and Positive Market Signals

Ripple Faces Regulatory Pressure but Gains Institutional Interest XRP Price and Market Status XRP is currently trading at $2.42, with a market capitalization of approximately $140.86 billion, making it the fourth-largest cryptocurrency behind Bitcoin, Ethereum, and Tether. Despite some market fluctuations, the price remains relatively stable, with a

Bitcoin's Prospects Linked to Nasdaq Trends

Read more

Bitcoin’s Wild Card: How Germany’s Debt Plans Could Shake Up Crypto

Are XRP Whales Preparing for a Big Move as Ripple vs. SEC Lawsuit Nears Conclusion?

XRP Price Consolidates as Key Levels Hold

XRP: Current Situation, SEC Negotiations and Positive Market Signals