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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.

More News (XRP)

XRP dips 3.2% amid key support test and potential bearish signals, but bullish breakout possible near $2.

XRP dips 3.2% amid key support test and potential bearish signals, but bullish breakout possible near $2.

XRP's price fell 3.21% to $1.13 with a 43.3% drop in trading volume, testing critical support between $0.80 and $1.10. Technical indicators show momentum slowing and a possible bearish death cross forming near $1.20, but a symmetrical triangle patter...

Technical Signals
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XRP drops 3.2% amid weakening momentum and critical support test near $1.10

XRP drops 3.2% amid weakening momentum and critical support test near $1.10

XRP's price fell 3.21% to $1.13 with a 43.3% drop in trading volume, signaling weakening momentum as technical indicators show a potential bearish death cross and a critical support zone between $0.80 and $1.10. Despite this, XRP is at its most overs...

Technical Signals
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XRP ETFs attract strong inflows as Bitcoin and Ethereum ETFs see major outflows.

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While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...

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Bitcoin spot ETFs experienced $527 million in net outflows from June 29 to July 2, marking their eighth consecutive week of withdrawals despite some daily inflows. Ethereum ETFs also faced $13.67 million in outflows over the same period, continuing t...

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