XRP enters corporate treasury reserves with Worksport and BC Bud Co investmentsMarket observers note institutional interest in XRP as companies diversify treasuries amid rising market appeal.
Happy Friday!In today’s CryptoSlate newsletter, we explore the latest shifts in the cryptocurrency market. XRP is in the spotlight as it enters corporate treasury reserves through investments in Worksport and BC Bud Co, highlighting a surge in institutional interest as companies look to diversify their treasuries amid XRP's growing market appeal. In a dramatic turn, Bitcoin has experienced a flash crash, dropping to $90,200 and causing over $885 million in liquidations across global trading platforms. Despite this turbulence, analysts are optimistic about Bitcoin's potential to exceed the $100,000 threshold, even as some indicators suggest overheating. Stay tuned for more detailed insights and analysis on these crucial developments! 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.63 trillion, with a 24-hour volume of $301.76 billion. The price of Bitcoin is $99,459.25, and BTC market dominance is 54.1%. The price of Ethereum is $4,015.75, and ETH market dominance is 13.3%. The best-performing sector is Masternode, which gained 16%. The Crypto Fear & Greed Index is currently Greed (72). 📰 Top News
XRP enters corporate treasury reserves with Worksport and BC Bud Co investmentsMarket observers note institutional interest in XRP as companies diversify treasuries amid rising market appeal. Bitcoin flash crashes to $90,200 causing over $885 million in liquidationsRoughly $880 million in liquidations hit global traders as Bitcoin slips back into five-figure territory. Analysts foresee upside potential for Bitcoin beyond $100k despite some red flagsAccording to analysts, Bitcoin's surge past $100,000 caused some metrics to overheat, but most indicate further room for growth. Latest Insights
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