Things are about to get more close and personal for cryptocurrency enthusiasts and content creators, as Bitget has now launched live-streaming. Covering real-time interaction between the creators and the audience, this new tool will offer everything that lets people see up close and personal what crypto trading is all about. Content creation in this raw, unfiltered form—enforcing influencer marketing while teaching people about professional trading using screen-sharing and audio-sharing features—is something that hasn’t been done much before. But Bitget is bringing the change now. To top it all off, Bitget is also adding a nifty little token recommendation tool so that audiences can act on the tips they receive and trade while engaging with their favorite creators. The addition of this live-streaming feature is part of Bitget’s strategy to bring a range of live tools to content creators—tools that could heighten exclusive content delivery while making audience engagement worthwhile. People… Read More at Coingape.com
The bullish crypto scene has investors seeking new, quality projects with concepts that could make them top gainers. Even in this saturated market space, there seem to be such initiatives, with one of the most recently introduced and trending options being XRPTurbo. Created to operate at the intersection of artificial intelligence (AI) and blockchain technology, XRPTurbo may be set to take the XRP Ledger (XRPL) to a whole new level, offering access to some of the most innovative and advanced AI-driven automation and DeFi tools. What Is XRPTurbo? XRPTurbo is a platform that aims to create a dedicated decentralized hub for AI agents and DeFi tools by automating the XRP Ledger using AI technology itself. The mission may seem simple at a glance, but it is rather transformative: XRPTurbo could help revolutionize the XRPL ecosystem by leveraging the power of AI to enable access to more efficient, automated, and scalable… Read More at Coingape.com
BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto. Notably, the crypto market has recorded volatile trading lately, especially as President Donald Trump’s Tariff policy has dampened market sentiment, triggering a massive selloff in the broader financial market. However, with recent indications of further tariff relief, the investors seem to be entering the digital assets space again today.
BTC Price Today Soars Amid Trump’s Tariff Relief
Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets. Investors, previously spooked by tariff escalations, appear to be shifting focus back to crypto.
Bitcoin traded at $85,896k, after touching a high of $85,926 in the last 24 hours. However, its one-day volume fell nearly 6% to $28.58 billion while CoinGlass data showed that BTC Futures Open Interest rose around 1%, reflecting renewed market confidence.
Meanwhile, this rebound in the financial market comes as Trump suggested possible exemptions from the steep 25% tariffs on imported vehicles. This potential relief for key partners like Mexico and Canada has calmed nerves in a market rattled by protectionist policies.
According to reports, Trump’s administration has also walked back some earlier tariffs. Notably, gadgets like smartphones, laptops, and other tech products from China are now off the hook.
However, despite the softer rhetoric, uncertainty looms. Reports suggest the administration may target new areas, such as pharmaceuticals and semiconductors. These sectors are critical to global trade and could face steep duties. Tensions with China remain high, with certain goods still facing tariffs up to 145%, while China maintains retaliatory measures of 125%.
Crypto Market In Focus
Amid the looming market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin. Besides, the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.
Besides, the recent meeting between Donald Trump and BTC president Nayib Bukele has further bolstered market sentiment. On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.
This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.
With BTC currently trading near $86K, the administration’s plan could redefine digital assets’ role in the US economy. Besides, it could also help continue its run towards the run ahead.
Source: Michael van de Poppe, X
Meanwhile, as BTC price today recorded a robust surge, analyst Michael van de Poppe has shared key insights on the potential future trajectory of the coin. In a recent X post, Poppe said that if BTC breaks through $87K, it could potentially target $92K to $94K in the coming days.
Bitcoin (BTC) plunged nearly 8% in late May, crashing from a high of $112,000 to $103,527, erasing $1701 billion in market value. This crash also wiped out $1.81 billion positions for BTC. As June begins, should investors buy the dip or expect BTC to extend its crash? Why Bitcoin Crashed: 3 Key Reasons The start of May saw Bitcoin price soar 18.70% and set an all-time high at $112,000 on US-based crypto exchange Coinbase on May 22. This impressive uptrend faced exhaustion over the next ten days, resulting in an 8% correction. According to data from Velo, nearly $2 billion in BTC positions faced liquidation. Let’s examine three key reasons why Bitcoin experienced a crash. Technical Exhaustion As noted in the previous CoinGape article, the bearish monthly and weekly divergence, as well as the swing failure pattern, are key drivers of the ongoing Bitcoin crash. Moreover, a similar combination of… Read More at Coingape.com
