Breaking Crypto News – How to Predict Future Trends Based on 30 May Crypto Prices?
Breaking Crypto News – The volatile movement of cryptocurrency prices has persisted today. Despite the approval of an ETF, Ethereum struggles $3,730. On the other hand, Notcoin (NOT) gains 36%.
Bitcoin is Declining
The market leader, Bitcoin, had a mostly negative trading session today. The price of Bitcoin was down 0.07% from yesterday, trading at $67.844. Its 24-hour high is $68.348; its 24-hour low is $67,101.
Ethereum Down 2%
In the longer time frame chart, Ethereum’s price continued to exhibit a phase of sideways trading, down 2.08% to $3,737 during the previous day. It is noteworthy to remark that the token’s 24-hour high is $3,835, and its 24-hour low is $3,702. Although the U.S. SEC recently approved a spot ETH ETF, the world’s cryptocurrency industry is still waiting for Ethereum’s highly anticipated price increase.
SOL Falls as Speculation Continues About SOL ETFs
Solana saw a 1.79% decrease in price over the previous day, hitting $166.38, amid rumors that a possible SOL ETF would be the next big thing to emerge in the cryptocurrency world. Its 24-hour high is $171.42, and its 24-hour low is $163.68.
XRP Continues to Follow a Volatile Trend
XRP, the cryptocurrency introduced by the massive American blockchain payments company Ripple Labs, is still exhibiting a volatile market and closed the day at $0.521, down 2%. The token’s 24-hour highs and lows were $0.5321 and $0.5136, respectively.
FAQ
Why is Crypto Falling?
After recent economic data and remarks from Federal Reserve officials, the cryptocurrency market is probably feeling the impact of lowered bets on U.S. interest rate reductions.
Will Bitcoin Rise Again?
As 2024 draws to a close, traders may become more interested in investing in Bitcoin, which would be positive for the market. Prices may gradually grow in response to a slow increase in purchasers, creating a strong and steady rising trend.
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