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Crypto Markets on Edge: Avalanche, Bitcoin, and TRUMP Face Pivotal Asian Session

Crypto Markets on Edge: Avalanche, Bitcoin, and TRUMP Face Pivotal Asian Session

Published:
2025-05-23 05:42:48
22
3

Asian traders brace for volatility as three headline-grabbing assets—Avalanche (AVAX), Bitcoin (BTC), and the controversial TRUMP meme coin—teeter at critical technical levels.

Bitcoin struggles to hold $67K as institutional flows slow—just as Wall Street ’experts’ rediscover their risk appetite. AVAX tests support after a 12% weekly drop, while TRUMP’s 24-hour pump smells like another political trade gone speculative.

Remember: In crypto, ’price prediction’ is just astrology for finance bros with riskier hobbies.

Avalanche Price Forecast: AVAX eyes $30 as FIFA, VanEck back blockchain ecosystem

Avalanche (AVAX) is gaining bullish momentum, extending gains on Friday, trading at $25.74 as investor confidence grows on the back of two major developments. The Fédération Internationale de Football Association (FIFA), football’s global governing body, has announced plans to build its own Layer-1 blockchain on the Avalanche network. Meanwhile, investment firm VanEck is preparing to launch a purpose-built fund focused on real-world applications within the Avalanche ecosystem. These strategic developments fuel optimism for AVAX, with bulls setting their sights on the key $30 level. 

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bulls set sights on $120K BTC, $3K ETH, and $3 XRP

Bitcoin (BTC), ethereum (ETH) and Ripple (XRP) continue to show signs of strength heading into the weekend, with bullish sentiment lifting prices. BTC is holding steady above $111,000 as traders eye the long-awaited $120,000 milestone. Meanwhile, ETH and XRP prices found support at their key levels, suggesting the uptrend may carry ETH toward $3,000 and XRP toward $3.

TRUMP meme coin sees rejection at $16, legislators target President Trump’s crypto ties ahead of gala with holders

Official Trump (TRUMP) meme coin saw a rejection at $16 on Thursday ahead of a crypto dinner between token holders and President Trump. The dinner comes amid backlash from lawmakers who introduced the Stop TRUMP in Crypto Act to halt the President’s involvement in digital assets.

|Square

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