Bitcoin Holds $105,000 As Ethereum, XRP, Dogecoin Drop On Tuesday

Benzinga

Bitcoin is trading near $105K as the Senate releases a draft crypto market bill allowing ETFs to stake assets. Traders say BTC is consolidating between $100K–$110K, while Ethereum, XRP, Solana, and Dogecoin show potential breakout setups.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Bitcoin traded near $105,000 Tuesday morning after the U.S. Senate released a long-awaited

00:09draft bill outlining the structure of the crypto market, according to Benzinga.

00:13The proposal allows ETFs to stake digital assets and distribute rewards to investors.

00:20About $373.68 million in positions were liquidated across the market,

00:25while spot Bitcoin ETFs recorded $1.15 million in inflows and Ethereum ETFs saw none.

00:33Traders said Bitcoin is consolidating between $100,000 and $110,000,

00:40with support near $104,000 and resistance at $107,000 to $108,000.

00:47Analysts said Ethereum could rally if it breaks above $3,800 to $3,900.

00:53Analysts said XRP and Solana are showing early bullish patterns while Dogecoin nears a potential breakout.

01:00For all things money, visit Benzinga.com.

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