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Some of the most important cryptocurrency news of the day:
* Bitcoin (BTC) and Market Analysis: Bitcoin is trading around $104,000. While analysts say the $105,000 level is a significant resistance point, some point out that $99,600 could be a potential support level. It is being discussed that Bitcoin has become a deflationary asset with the purchases of institutional investors.
* Ethereum (ETH) Rise: Ethereum achieved its biggest daily gain in the last four years. The reasons for this rise are being closely followed. In addition, the Brazilian Stock Exchange's plan to launch Ethereum futures in June 2025 is also an important development.
* Altcoin Movement: Led by Ethereum, altcoins such as EOS and Litecoin also saw value increases. In particular, the total market value of Solana-based meme coins reached $12 billion. Dogecoin (DOGE) rose with the increase in trading volume.
* Institutional Interest is Increasing: Institutional investors' interest in cryptocurrencies continues. BlackRock's Bitcoin ETF continues to attract new inflows. Coinbase's acquisition of Deribit also shows institutional investors' confidence in the market.
* Regulatory Developments: The US Treasury Secretary's criticisms of the stablecoin law are on the agenda. In Tรผrkiye, a "proof of reserve" regulation is expected for cryptocurrency platforms.
* Technological Advances: Microsoft-backed Space and Time launched its mainnet with zero-knowledge proof. It is stated that Cardano will undergo significant updates in 2025.
* Top Risers: PSL, ABDS and SOCIAL stand out among the cryptocurrencies that gained the most value in the last 24 hours. Meme coins and some DeFi projects also showed significant increases.
In summary, a generally positive atmosphere prevails in the cryptocurrency market. While Bitcoin is testing its resistance levels, Ethereum and some altcoins are experiencing significant increases. While institutional interest and technological developments support the market, regulatory news is also closely followed by investors.