Traditional Finance Alert: COIN Surges Over 10%

XRP Moves Within $1.41–$1.49 Range Amid Mixed Market Performance

XRP is trading at $1.42 after a 4.3% drop, staying above the $1.41 support level within a short-term range of $1.41 to $1.49. It rose 2.4% against Bitcoin, indicating mixed performance amid market fluctuations.

Punch increased by 51.89% after launching Alpha, current price is 0.0386119409101489 USDT

Gate News bot message, Gate market display, since launching Alpha, Punch has increased by 51.89%, current price is 0.0386119409101489 USDT.

XRP Short Sellers Lead 1,190% 4-Hour Liquidation Imbalance - U.Today

XRP's recent price surge led to a significant liquidation of short positions, with traders losing $112,260. Despite a 25.90% drop in the past month, institutional interest has driven ETF inflows up, suggesting potential for a price rebound. XRP trades at $1.43, but volatility remains a concern. Ripple's CEO calls XRP the best-performing crypto despite market challenges.

GT 24H Up 3.11%, current price 7.28 USDT

Gate News bot message, Gate market display, GT up 3.11% in 24 hours, current price 7.28 USDT.

"Bitcoin is dead" search volume hits a record high: Is this a sign of surrender or the true bottom?

Recently, the Bitcoin market has experienced intense volatility, with searches for "Bitcoin is dead" surging to a record high. Bitcoin's price dropped from $126,000 to around $63,000, reducing its market capitalization by over $2 trillion, triggering panic among retail investors. Analysts believe this sentiment may signal the bottom of the market rebound. Despite selling pressure, the market still shows capital resilience, with short-term selling appearing weak. The future of the crypto market is expected to evolve rather than perish.