BITPRISMIA
Elon Musk's SpaceX transferred $153 million worth of Bitcoin, marking its first significant BTC movement since 2022, while Tesla and SpaceX collectively hold over $2 billion in Bitcoin.
Long-term Bitcoin holders are taking profits following its all-time high, but analysts suggest the market peak has not yet been reached, as key indicators like the LTH SOPR remain below historical top signals.
Bitcoin's attempt to surpass $120,000 was rejected again, while altcoins, except for a few like SOL and Pi Network's token, experienced significant losses.
SharpLink Gaming and Bitmine Immersion Technologies have surpassed the Ethereum Foundation in ETH holdings, reflecting growing institutional interest in Ethereum through corporate treasuries, futures, and ETFs.
Ethereum led digital asset inflows with a record $2.12 billion last week, while Bitcoin and altcoins like Solana and XRP also saw significant inflows, signaling a potential shift in market dominance.
The UK government is considering selling $7 billion worth of seized Bitcoin, which could impact the crypto market, but legal disputes and past precedents suggest caution.
The article discusses the potential for XRP to reach $10 in 2025, analyzing factors such as legal battles, technological advancements, market dynamics, and expert opinions.
Crypto markets are near an all-time high of $4 trillion, with Bitcoin and Ethereum showing significant gains, while upcoming economic reports and Fed rate decisions are anticipated.
Spot Ethereum ETFs have driven institutional crypto adoption, with significant inflows and BlackRock leading in assets under management, despite initial challenges and fluctuating performance.
Bitcoin's price stabilized around $118,000 after a volatile week, while some altcoins like LTC saw significant gains.