Cryptocurrency Market Update
Market Sentiment Improves While Ethereum Struggles
- Cryptocurrencies remain on recovery mode with most of them holding above crucial support zones.
- Investors cautious of macroeconomic conditions.
- Market sentiment improves to neutral level of 47.
Ethereum Under Selling Pressure
Ethereum price has erased most gains recorded earlier in the week as selling pressure persists. The altcoin trades below the 25 and 50-day EMAs.
ETF outflows contribute to cautious mood with ETH spot ETFs seeing net outflows.
Price likely to trade between $1,935 and $2,134 in the short term.
Bitcoin Pepe: A Top Incubator Project
- Bitcoin Pepe offers investors an opportunity for significant growth.
- Project raises over $5.6 million in just six weeks.
- Early adopters see gains of over 27% with potential for 100X growth.
Bitcoin Price Targets $90,000
Bitcoin attracts buyers as price aims for $90,000 zone.
Market sentiment improves as Bitcoin trades above 25-day EMA.
Price range between $85,475 and $89,036 crucial in the short term.
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