The encryption prices explode when Ethereum reaches $ 2600 after RobinHood’s symbolism appears
The encryption prices are increasing late on Wednesday, when the Bears failed to stick to a wave of upward news, strong institutional demand and high -level economic expectations.
Ethereum took the lead center, and continued to outperform Bitcoin during the broader market gatherings. The price of ETH reached 2600 dollars today, partially supported by the launch of Robinhood’s distinctive stocks on the ETHEREUM LAYER-2 series, induction, as well as the new ETH initiative for the company.
Bitcoin price also rose to 109,800 dollars, which ranked great in this process.
At the same time, the MEME currencies steal the lights again, with Bonk, Dogwifhat, Fartcoin and Pepe between the best performance.
The latest Mimi symbols such as the useless currency, Swalasi and Code 6900 A large bullish force also appears as investors continue to search for 10x returns during this bull tour.
Why do encryption prices rise today and will the gathering continue?
The encryption prices are erased this week, which is fueled by a series of upward developments.
The Bitcoin and ETHEREUM investment funds continue to attract strong flows, while the first Solana ETF was ever launched on Wednesday and instantly caused an immediate impact.
At the same time, Trafi institutions are multiplied on encryption, with an increasing number of treasury plays that treat digital assets as backups. In a noticeable step, legendary Wall Street investor Tom Lee will lead the Ethereum strategy in a point, although he will face intense competition from Sharplink games.
Institutions, including banks such as JPMorgan, Visa and merchants such as Amazon and Walmart, are increasing their exposure to Stablecoins, which are also optimistic with Ethereum.
To the top of all, the new Crypto projects from Robinhood contribute significantly to the upward feelings. The company recently announced its plan for the distinctive shares on the Ethereum Layer-2 series, induction, as well as the Staking ETH feature.
At the same time, the wider market expectations are improving quickly. The global money of the United States M2 has reached the highest new level ever, while ADP weekly action reports on Tuesday have mainly guaranteed the reduction of prices by September.
Moreover, US President Donald Trump announced that he had concluded a commercial deal with Vietnam, which led to speculation that more deals could be on the horizon.
It is not surprising that encryption prices show a large upward strength. However, whether this last gathering turns into a greater step or not depends on a few main resistance levels.
For example, experts believe that the breach of the resistance of $ 110,000 would pave the way for $ 120,000 in July. BTC also got out of a descending wedge, and a weekly closure over it may start a strong upward continuation.
Meanwhile, turning the resistance levels 2600 and 2820 dollars can save the ETHEREUM price to $ 3500 in the third quarter. This would also send Altcoin encryption prices.
Best encryption for purchase now
There is a lot of evidence that the Bitcoin (BTC.D) dominance has been issued, which means that the long -awaited altseason is the following.
It is not surprising, investors make smart funds download the large altcoins. In particular, Layer-1 coins such as Ethereum, Solana, XRP, Cardano, SUI, SEI, and Hyperlequid are high in demand. The various wallets that consist of these coins can be the winning formula for this bull run.
However, Meme currencies continue to steal the lights with their explosive returns.
Solana Meme currencies such as Fartcoin, SPX6900, Bonk and Dogwifhat are among the best performance, while Ethereum Meme Coins Pepe and Floki also registered two numbers.
Dogoin market leader has also returned to the highest support level of $ 0.16, and he is now ready to enlarge the $ 0.22 brand.
New Mimi currencies are also in high demand. For example, and Non -useful currency (useless) It struck the highest level ever on Wednesday, and now about 5,500 % of its lowest levels in June.
Likewise, the new Solana Mim coin, Solaxy (Solx)It has increased by approximately 150 % over the past three days, supported by multiple CEX lists and the upcoming Mim Queen appearances for launch.
A newer alternative to SPX6900, Distinguished symbol (distinctive symbol)Investors have caught smart money.
Tokeen6900, which is still supported only with the spirit of the anti -quilt street and the illusion that the M. feeds. It has been shown that this is a profitable formula during the past few weeks, as shown in the success of Fartcoin and the useless.
In reality , T6900 Presale I already raised more than $ 110,000 on the first day of ICO, with many revenues exceeding 10x.
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