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Bitcoin nears $96,000 as Binance launches 24/7 AMD and Qualcomm trading; Ripple's Schwartz rejects XRP as 'next Bitcoin'.

Market News
04 May 2026
UToday
View Source
Bullish
pluang ai news

Bitcoin is approaching a $96,000 target driven by institutional demand exceeding 500% of daily supply, signaling strong market fundamentals despite recent volatility. Binance has introduced 24/7 perpetual futures trading for tech giants AMD and Qualcomm, enabling round-the-clock stock trading beyond traditional market hours. Ripple's David Schwartz dismissed comparisons of XRP to Bitcoin, emphasizing XRP's role as a payment bridge that reduces banking costs rather than a speculative asset expected to mirror Bitcoin's growth. Market watchers now focus on the upcoming U.S. Non-Farm Payrolls report, which could influence Bitcoin's price trajectory in the near term.

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XRP holds weekly gains amid regulatory clarity and growing institutional interest.

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Bitcoin dips below $63K amid falling crypto trading volumes, signaling market caution.

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