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Coin Edition 2025-05-07 08:00:00

Crypto Price Today: Is Today’s Data Confirming the Imminent Altseason?

Bitcoin and Ethereum rallied on trade talk hopes between the United States and China. TOTAL2 chart shows altcoins consolidating with indicators suggesting a possible upward breakout. SUI, LINK, and ONDO are exhibiting strong bullish momentum, hinting at a broader altcoin recovery. The crypto market is showing signs of life today, with Bitcoin and Ethereum both posting gains and turning bullish in the past 24 hours. Meanwhile, signs of the long-awaited “altseason” – a period where altcoins (cryptocurrencies other than Bitcoin) significantly outperform Bitcoin, have started to emerge. While Bitcoin and Ethereum made solid gains in the last 24 hours, several altcoins also picked up steam, making analysts watch closely to see if an altseason is truly kicking off. BTC, ETH Prices Climb on US-China Trade Talk Hope Bitcoin has surged by 2% in the last 24 hours, successfully reclaiming the $96,000 level. Ethereum has followed suit, pushing above $1,800 and setting its sights on the 50-day Exponential Moving Average (EMA) currently at $1,851. This positive price action appears to be fueled by news of potential de-escalation in the ongoing trade tensions b… The post Crypto Price Today: Is Today’s Data Confirming the Imminent Altseason? appeared first on Coin Edition .

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