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Bitcoin Flat, Ethereum, Dogecoin Climb Amid US-China Trade Consensus: Analyst Says ETH Could Target $2,920 Next – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

cryptonews100_tggfrn by cryptonews100_tggfrn
June 11, 2025
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Bitcoin Flat, Ethereum, Dogecoin Climb Amid US-China Trade Consensus: Analyst Says ETH Could Target $2,920 Next – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
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Bitcoin was little modified on Tuesday even because the U.S. and China reached a commerce consensus after London talks.

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Cryptocurrency Beneficial properties +/- Worth (Recorded at 9:45 p.m. ET)
Bitcoin BTC/USD -0.07% $109,635.63
Ethereum ETH/USD
               
+2.64% $2,780.94
Dogecoin DOGE/USD           +1.31% $0.1974

What Occurred: The apex cryptocurrency stalled after reaching an intraday excessive of $110,380.12. Buying and selling quantity remained skinny, dropping practically 8% within the final 24 hours.

In the meantime, Ethereum continued to outperform its elder sibling, breaking previous $2,800 for the primary time since Feb. 24. Buying and selling quantity soared 48% to $38.98 billion within the 24-hour interval.

Over $321 million was liquidated from the cryptocurrency market within the final 4 hours, with quick place merchants struggling greater losses. If Bitcoin reaches $111,000, about $240 million in shorts could possibly be worn out.

Bitcoin’s Open Interest cooled 1.83% within the final 24 hours following Monday’s surge. Greater than 66% of Binance merchants with open BTC positions, in the meantime, had been positioned quick, anticipating a correction.

The “Greed” sentiment intensified within the final 24 hours, based on the Crypto Worry & Greed Index.

Prime Gainers (24-Hours)

Cryptocurrency Beneficial properties +/- Worth (Recorded at 9:45 p.m. ET)
Uniswap (UNI) +20.16% $8.29
Fartcoin (FARTCOIN)
               
+11.90% $1.35
Jito (JITO)           +11.51% $2.15

The worldwide cryptocurrency market capitalization stood at $3.45 trillion, following a minor enhance of 0.38% within the final 24 hours.

Disclosure: 82% of retail CFD accounts lose cash

Shares ascended on Tuesday. The Dow Jones Industrial Common rose 105.11 factors, or 0.25%, to shut at 42,866.87. The S&P 500 gained 0.55% to finish at 6,038.81, whereas the tech-targeted Nasdaq Composite spiked 0.63% to shut at 19,714.99.

The U.S. and China reached a consensus on commerce after a second day of talks in London. Commerce Secretary Howard Lutnick mentioned that the 2 events “reached a framework” to implement the Geneva consensus, according to CNBC. 

See Extra: Best Cryptocurrency Scanners

Analyst Notes: Cryptocurrency analyst and dealer Rekt Capital acknowledged that Bitcoin’s each day shut above $109,443 might push the apex cryptocurrency to new all-time highs.

One other nicely-recognized cryptocurrency analyst, Ali Martinez, highlighted that Ethereum has damaged via the important thing resistance at $2,820 and should goal $2,920 subsequent.

Learn Next:    

Photograph Courtesy: PeopleImages.com – Yuri A on Shutterstock.com



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Tags: AnalystARCABTCbeneficialBitcoinBTCClimbcommonconsensusDogecoinETHEthereumflatFractionalGrayscaleinterestMinitargetTradeTrustundividedUnitsUSChina
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