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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Crypto Price Outlook for June 2025: Dogecoin and Cardano Predictions
With the June 2025 opening, Bitcoin passed the mark of $109,000, triggering a wave of consistent trading in the general crypto space. The surge led other tokens to be in the spotlight as well, including the likes of Dogecoin and Cardano, which both exhibit increased activity as the month starts.
Dogecoin is holding strong at $0.2175, a level it’s been hovering around for the past few days. Analysts believe a breakout is near. There is fresh interest in the coin following the announcement by Elon Musk that X Money is soon to be launched. If the coin gets assistance from this platform, the momentum for the prices is likely to be significantly increased.
Meanwhile, there is a different story developing in the background. The prospect of a Dogecoin ETF is inspiring notable action from large holders. Large investors are buying up their stashes, which is an indicator of increasing optimism for the coin’s prospects for the upcoming month.
Dogecoin Set for Possible 17% Surge by June
Predictions for Dogecoin suggest a 17% gain by the close of June 2025, which will take the price to about $0.265. There are 16 out of the last 30 trading days that closed green from the market data, and the most recent price action is 26% volatile. The sentiment readings are also positive, with the Fear & Greed Index reading 60.
Source: TradingViewMeanwhile, Cardano is gaining attention in a different way. The token is poised to roll out Midnight, a sidechain that will address stock trading on blockchain networks. Cardano CEO and founder Charles Hoskinson described Midnight as having been “built for stocks on the blockchain,” emphasizing a definite move toward the tokenization of real-world assets.
Cardano’s connection to the ETF storyline is helping drive its price action as well. Analysts in the market are following its every move, particularly with ADA’s advance to include conventional financial instruments as part of decentralized infrastructure.
ADA Targets Near-Dollar Mark With 25% Upside
Projections for Cardano indicate the coin’s price will increase by 25% to $0.966 by June 25, 2025. CoinCodex predicts ADA will move towards the level of $0.96 during the same period. Cardano had 14 out of the 30 trading sessions in the previous month as positive, and for the same period, the volatility was 6%.
The overall stability of the crypto space, which is motivated by Bitcoin’s ongoing gains, is setting the stage for coins such as Dogecoin and Cardano to challenge higher ranges. With the prospect of an ETF to project launches spurring the action, both tokens are set for potential gains for the rest of the month.
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