Bitcoin tops $65,000, but don't mistake it for crypto strength. This is an equities rally. The S&P 500 hit a record Friday on weak jobs data, and BTC is just following.
The market is pricing a Fed pause. But CPI lands Wednesday. If inflation heats up, rate hike expectations return, and BTC's gains look fragile.
XRP is the outlier, down 4% this week. It's trading below its 20-day and 50-day EMAs, RSI at 47. Reclaim 1.04, it might turn. Lose 1.01, the sell-off extends.
$XRP $BNB
The market is pricing a Fed pause. But CPI lands Wednesday. If inflation heats up, rate hike expectations return, and BTC's gains look fragile.
XRP is the outlier, down 4% this week. It's trading below its 20-day and 50-day EMAs, RSI at 47. Reclaim 1.04, it might turn. Lose 1.01, the sell-off extends.
$XRP $BNB