Bitcoin Back To $115,000 As ETH, XRP, Dogecoin Soar On Tariff De-Escalation

Bitcoin has rallied to $115,000 as president Trump signaled a softer stance on China-related tariffs.

Notable Statistics:

• Coinglass data shows 195,567 traders were liquidated in the past 24 hours for $458.25 million.       
• In the past 24 hours, top gainers include Synthetix (CRYPTO: SNX), Story (CRYPTO: IP) and Bittensor (CRYPTO: TAO).

Notable Developments:

• BlackRock CEO Larry Fink Says There’s A Role For Crypto ‘In The Same Way There Is For Gold’
• Dogecoin Bounces To $0.21 As House Of Doge Prepares For Nasdaq Listing
• Anthony Pompliano Says Bitcoin’s Made Gold A ‘Disastrous Investment’—How Come GLD Keeps Making New Highs?
• Strategy, Coinbase, Bitmine Surge In Pre-Market Trading: What’s Driving Crypto Stocks Higher?

Trader Notes: Crypto chart analyst Ali Martinez raised the question of whether Bitcoin could retrace to $100,000 if selling pressure ramps up or broader market sentiment weakens.

Crypto trader Johnny expressed uncertainty about getting a retest that forms a higher low but said he plans to buy at this level, targeting a push to a new all-time high and beyond.

Crypto Tony is watching for a move to $116,000 before assessing whether the bulls can drive prices higher.

Capo of Crypto noted signs of a potential cycle top, though confirmations are needed. He added that momentum is fading, positive news no longer moves the market, and a possible financial crisis may be on the horizon.

Read Next: 

• Peter Schiff Says Bitcoin’s Recovery Is A ‘Dead Cat Bounce’ While Gold Makes Another All-Time High

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