DeFI News by Thebittimes.Com

Summary ⚈ AI models ChatGPT and xAI’s Grok predict Bitcoin could trade between $102,000 and $115,000 by May 31, 2025, driven by ETF inflows and the 2024 halving event ⚈ Bitcoin is showing bullish technical signals above key moving averages with potential to reach $106,000 but faces possible short-term pullbacks ⚈Both AI models view $100,000 as a key resistance level and caution about volatility overbought conditions and macroeconomic risks As Bitcoin (BTC) consolidates around the $95,000 mark, two artificial intelligence (AI) models suggest that the maiden digital currency could finish May trading at $100,000. As of press time, Bitcoin was valued at $95,972, dipping by about 1% in the last 24 hours. On the weekly chart, however, BTC is up almost 2%. Bitcoin seven-day price chart. Source: Finbold Although Bitcoin is still awaiting a decisive move, the asset’s technical indicators paint a cautiously bullish scenario in the coming days. There is a possible ...

Bitcoin (BTC) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors.  Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge higher on May 1 and possibly trade slightly above the $90,000 mark. Overall, insights from OpenAI’s ChatGPT and xAI’s Grok present a cautiously optimistic outlook for Bitcoin. AI predicts Bitcoin price  ChatGPT predicted that Bitcoin will trade between $91,000 and $96,000 by the beginning of May. The model cited continued momentum from Bitcoin’s April 2024 halving, which has historically triggered multi-month rallies. It also highlighted sustained institutional interest, particularly through spot Bitcoin ETFs, which continue to absorb supply during market dips. ChatGPT Bitcoin price prediction for May 1,2025. Source: ChatGPT According to ChatGPT, the technical setup remains bullish followin...

XRP’s focus on fast, low-cost transactions has made it one of the frontrunners in the digital currency space when it comes to utility. At the time of writing, XRP is the third largest cryptocurrency in the world by market cap. To boot, President Trump’s March 2 announcement of a strategic crypto reserve included a bullish catalyst — as XRP is slated to form part of the reserves. This announcement ignited a surge in the cryptocurrency market. However, on March 4, the imposition of tariffs on China, Canada, and Mexico caused a market-wide selloff — and a drop in XRP price ensued. Picks for you 2 cryptocurrencies to reach a $5 billion market cap in March 1 hour ago Bybit unveils game-changing crypto learning platform ...