Crypto News Digest by u.Today
Below are the three best news stories over the past day that U.Today presented to you.
Blackrock CEO: Buy Dip Big if it comes
On Tuesday, 4 March, CEO of Blackrock Larry Fink partner At the RBC Capital Markets Global Institctions 2025 conference. conversation With the CEO of RBC Dave Mackay, Fink recommended that investors buy a “great decline” if there is one this year. “For long -term investors, if there is a significant decrease, good time, good time to buy,” said Blackrock CEO: Fink expects a turbulent year for markets due to tariff tensions. However, it maintains optimistic expectations in the long run, as it expects a “great economic boom” fed by advanced technologies such as artificial intelligence. Fink believes the US Securities Market will be pushed up by the country’s technology feature over the next few years.
Sincerity: Bitcoin is no longer exaggerated
In a conversation X postJurien Timmer, Director of Global Macro in Fidelity Investments, Share his opinion On the last bitcoin correction. Timmer claimed that after the last decrease in the price of the original, it no longer appears to be exaggerated. “When the price procedure becomes noisy and volatile, it is always good to return to the basics of evaluation.” To determine the fair value of Bitcoin, Timmer is used as a timmer: Sneter S curve and a wallet power curve. Based on the results, Bitcoin appears to be “in the middle” of the path, which means that the original is not exaggerated or less price. As for the last price correction of BTC, Timmer attributed it to the “tourists” who jumped on the Bitcoin train in late 2024, according to the changes in open interest and ETP flows. At the time of the press, BTC is trading at 91,547 dollars, an increase of less than 1 % over the past 24 hours, for each coinmarketcap.
XRP stuck? Two levels carry a hostage of assets
Looking at the XRP price scheme, it appears to be the original He was somewhat arrested In a narrow range between moving averages 50 and 100 days. The resistance is $ 50 $ 2.71, while XRP is trading of about $ 2.50. If XRP is able to break this level, this may move about $ 3.00 and higher. 100 EMA as the main support and is about $ 2.30. If XRP fails to keep this level, this may increase the sale of pressure and pay the price to $ 2.00, or even $ 1.82. The daily closure over $ 2.71 can attract more buyers and pave the way for a long -term upward trend. However, if XRP collapses less than $ 2.30 after the loss of 100 EMA, it may take over the dumping momentum and cause a deeper correction. At the time of the press, XRP changes hands at $ 2.59, an increase of 4.72 % over the past 24 hours, for each coinmarketca.