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Crypto markets are steady amid optimism over a possible Federal Reserve rate cut, Arizona’s new Bitcoin reserve law, and strong institutional inflows. Bitcoin rose 2% to $107,127, while Solana jumped 6%. IntoTheBlock data shows rising large transaction volumes and active addresses for Bitcoin and Ethereum. Spot Bitcoin ETFs saw $588.6 million in inflows Tuesday, while Ethereum ETFs added $71.2 million. Traders noted Bitcoin’s reclaim of key resistance and potential to break a multi-week downtrend. Ethereum, Solana, and Dogecoin also showed technical strength, with analysts pointing to potential breakouts if key levels are held or surpassed.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Crypto markets are steady amid optimism over a possible Federal Reserve rate cut,
00:06Arizona's new Bitcoin reserve law, and strong institutional inflows.
00:10Bitcoin rose 2% to $107,127, while Solana jumped 6%.
00:15Into the Block data shows rising large transaction volumes
00:19and active addresses for Bitcoin and Ethereum.
00:22SpotBitcoin's ETF saw $588.6 million in inflows Tuesday,
00:27while Ethereum ETFs added $71.2 million.
00:30Traders noted Bitcoin's reclaim of key resistance
00:32and potential to break a multi-week downtrend.
00:35Ethereum, Solana, and Dogecoin also showed technical strength,
00:39analysts pointing to potential breakouts if key levels are held or surpassed.
00:44For all things money, visit Benzinga.com.

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