The current discussion acknowledges the glimmers of volatility in the global crypto market scene. Bitcoin is subjected to a series of ups and downs, aiming to surpass the $115,500 resistance, despite further sell-offs and inflation challenges. Similarly, Ethereum and Solana endure specific fluctuations as the Federal Reserve decisions loom, pressuring their bearish stances. Furthermore, attention gravitates towards XRP, who adds itself to the Hashdex Crypto Index, but encounters a challenging resistance at $2.93.
Meanwhile, LOOM network, despite its recent 500% rally, has experienced a significant drop, raising questions about its investment viability for 2025-2031. Speculation towards regulation updates emerge in light of the ongoing Coinbase Q2 earnings report. As the anticipation for the ETF approvals heightens under Donald Trump's presidency, the prices of Altcoins, SOL, XRP, and LTC exponentially rise.
Political climate continues to cast a shadow over the crypto market with the looming tariffs issued by Trump triggering a potential frenzy, which entails heavy taxation and legal issues. Yet, this situation has somewhat ignited a meme coin frenzy with DOGE maintaining its support, despite potential tariffs. The IRS is also preparing for the looming tax changes for digital assets.
Lastly, signs of 'Significant Changes' in SEC's crypto strategies have stirred the market. Concerns continue to grow over the Loom Network's recent decline. Despite these, a surge in LOOM price signals a possible sustained rally.
LOOM Coin News Analytics from Sun, 15 Feb 2015 08:00:00 GMT to Wed, 08 Oct 2025 19:36:44 GMT -