2025-05-10 13:32:33

BTC strongly breaks through the $104,000 mark

1. BTC is rising again! BTC has surpassed $104,000, up 3.46% in 24 hours. Ethereum (ETH) is even more impressive, soaring to $2,400, with a daily increase of 17.4%, and its market cap share has returned to 8.8%.
2. Ripple and the SEC have finally reached a settlement after 4 years of litigation. Ripple agreed to pay a $50 million fine, and the SEC dropped the case, with both parties not appealing.
3. Large funds are operating frantically. A big player is shorting SOL with 20x leverage (97,500 coins), with a liquidation price of $172.96. The current price of SOL is around $164, which is a bit risky. Another big player is shorting ETH with 25x leverage and has already lost $2.6 million. If it rises to $2,343, they will be liquidated.
4. The options market is about to make moves today with 26,000 BTC options (maximum pain point of $94,000) and 165,000 ETH options expiring, which may affect short-term prices.

BTC1,68%

ETH1,01%

SOL1,33%

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