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Bitcoin Surges to Two-Month High Above $119K, Options Look Cheap

Bitcoin recently surged to a two-month high, crossing $119,000 due to market expectations of a positive liquidity impulse following a U.S. government shutdown. Analysts believe that the shutdown may delay essential economic reports, prompting the Federal Reserve to consider further interest rate cuts. BTC's price has increased by nearly 4% in the last 24 hours, influenced by broader market movements in cryptocurrencies like Ethereum and Solana. According to a Crypto Research Strategist, Bitcoin’s rise indicates a possible momentum shift in the crypto market, where it may thrive amid economic uncertainty. Options for Bitcoin trading appear undervalued, particularly near-term options, suggesting increased volatility may be on the horizon. Strategies like long straddles are recommended to capitalize on the expected market movements. Overall, the current macroeconomic situation could represent a critical point for Bitcoin and other cryptocurrencies, restarting previous growth trajectories.

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XRP, DOGE Zoom Higher as U.S. Shutdowns, Japan Bond Slowdown Charge Bitcoin Appetite

As the U.S. government faces a shutdown and Japan’s bond market experiences stress, digital assets have shown resilience, with traders anticipating looser global liquidity conditions. Bitcoin traded close to $118,700, gaining over 3% recently, while ether rose by 5.6%. Notably, dogecoin surged nearly 9%, extending its

XRP Jumps 5% as SBI Lending Program and ETF Countdown Fuel Rally

XRP experienced a significant increase of 5.2%, rising from $2.84 to $2.97, following the launch of SBI's institutional lending program aimed at enhancing XRP's adoption in Japan. The trading volume surpassed 160 million tokens, indicating strong market interest. Traders are keenly monitoring XRP&

DOGE, SHIB Price News: Dogecoin Traders Eye 'Golden Cross' While SHIB Surges 6%

Dogecoin (DOGE) rose nearly 9% amid speculation regarding U.S. ETF approvals and institutional interest, marking a significant breakout in trading volume, with over a billion tokens exchanged. DOGE's support level is now seen at $0.242, with resistance at $0.254, paving the way for potential growth

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