Bitcoin Breaks $104K Amid Institutional Influx
Bitcoin (BTC) has surged past the $104,000 mark, driven by renewed optimism over potential U.S. interest rate cuts and increased institutional investment. Despite a slowdown in ETF inflows, the cryptocurrency's resilience underscores its appeal among major financial institutions.
Ethereum's Pectra Upgrade Spurs 40% Rally
Ethereum (ETH) has experienced a 40% price increase following the successful implementation of the Pectra upgrade. This significant update enhances staking capabilities and interoperability with layer-2 chains, further solidifying Ethereum's position in decentralized finance (DeFi).
XRP Eyes New Highs Amid Regulatory Wins
XRP is trading around $2.43, buoyed by recent regulatory victories and speculation surrounding potential ETF approvals. Analysts project a rise to $2.85 by June and possibly $5.50 by year-end, reflecting growing investor confidence.