Bitcoin (BTC): Trading at $116,328, up 3.09% today. The market is closely monitoring support levels around $110,800 and resistance near $115,500.
Ethereum (ETH): Currently at $4,758, approaching its all-time high of $4,868. Analysts are eyeing a potential breakout to $5,000 amid bullish momentum.
XRP (Ripple): Up 7.5% to $3.08, following positive market sentiment and institutional interest.
BNB: Increased by 7.2% to $894.76, reflecting a broader market rally.
🧠Market Highlights
Bitcoin's Surge: Bitcoin's price jumped to $117,000 after Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium, signaling potential policy shifts.
Ethereum's Restaking Boom: Ethereum's restaking trend is gaining traction, offering triple the yield but with increased risk.
Orbitix (RTX) Momentum: Orbitix's native token, RTX, has surged by 117%, attracting attention for its decentralized innovation.
⚠️ Noteworthy Events
Bomb Hoax in India: A bomb threat was sent to the Gujarat High Court, demanding $2,000 in Ethereum. Authorities have launched an investigation.
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