Ah, the week that was! Unlike the previous trading week, which erupted like a poorly made firecracker, this one tiptoed in with the grace of a cat on a hot tin roof. The price crashes that had us all gasping for air were replaced by a calm that was almost eerie, yet just as eventful, if not more so. Who knew tranquility could be so thrilling? 😏
The weekend, as expected, was as exciting as watching paint dry. Bitcoin lounged around $84,000, only to be stirred by a whale’s short position on Sunday evening. The community, bless their hearts, tried to liquidate the poor creature but ended up with nothing but a wet noodle for their efforts. The first real drama unfolded on Tuesday when BTC took a nosedive towards $81,000, only to heroically defend its honor. Talk about a comeback! 💪
Wednesday and Thursday saw Bitcoin strutting its stuff. The US Federal Reserve, in a move that surprised absolutely no one, decided to keep interest rates unchanged. This news sent ripples through the crypto market, like a pebble tossed into a pond. But the real showstopper came when Ripple’s CEO, Brad Garlinghouse, announced the end of the SEC lawsuit. Cue the confetti! 🎉
Bitcoin, in a fit of excitement, surged past $87,000 during the Thursday morning Asian trading session, reaching a two-week peak. But alas, like a soap bubble, it couldn’t hold its shape and plummeted back to $84,000 almost immediately. Such is the life of a crypto asset! 😅
As of now, Bitcoin remains at $84,000, with a market cap of $1.650 trillion and a dominance over the altcoins at 58.5%. The weekly scale is slightly in the red for BTC, while SOL, ADA, DOGE, and PI have taken a nosedive. Meanwhile, BNB and TRX are basking in the glory of notable gains, and TON has risen by 24% after Durov’s passport retrieval. Who knew passports could be so lucrative? 🛂
Market Data
Market Cap: $2.832T | 24H Vol: $80B | BTC Dominance: 58.5%
BTC: $83,850 (-1.11%) | ETH: $1,957 (+1.85%) | XRP: $2.37 (+0.7%)
This Week’s Crypto Headlines You Can’t Miss
Plunge to $44K or Surge to $112K: Bearish and Bullish Bitcoin Price Predictions. Bitcoin’s price stagnation continues, fueling analysts’ wild imaginations. One predicts a plunge to $44,000, while another dreams of a surge beyond $110,000. Buckle up, folks! 🎢
They Knew? These Wallets Loaded Up on XRP Before Ripple’s SEC Win. It seems some XRP whales were playing chess while the rest of us were playing checkers. They loaded up before the SEC win, and now they’re laughing all the way to the bank! 💸
Ripple CEO Pushes for XRP in US Reserves, Keeps IPO Option Alive. After the big announcement, Garlinghouse appeared on Bloomberg, hinting that an IPO in the States is still on the table. He believes XRP should be added to the US crypto strategic reserve. Ambitious, isn’t it? 🏦
How Much Do US Interest Rates Really Matter to Crypto? The past few FOMC meetings didn’t change interest rates, but they sure stirred the pot! What are the long-term effects? Only time will tell! ⏳
Has Bitcoin Really Entered a Bear Market? Analyst Weighs In. Big names like CryptoQuant’s CEO, Ki Young Ju, claim the BTC bull run has ended. But is there merit to this statement? Let’s dig into the metrics! 📊
Binance Maintains Over 100% Reserves for 29 Straight Months. After the FTX fallout, transparency became the name of the game. Binance is proving its worth by maintaining over 100% reserves for
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2025-03-21 19:42