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TRUMP, XRP Surge 12% to Lead Crypto Rebound Ahead of FOMC Meeting

Jan 29

1 min read

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Bitcoin (BTC) surged nearly 4% to approach $103,000, driving profits across the crypto market following a challenging Monday impacted by concerns over U.S. AI investments. XRP led the charge with a 12% increase, while other cryptocurrencies like Cardano's ADA and BNB Chain's BNB also saw significant gains. Despite fears stemming from China's DeepSeek advancements, experts believe these breakthroughs could actually benefit crypto projects leveraging AI. Looking ahead, upcoming U.S. economic data releases could influence market dynamics, yet optimism for long-term Bitcoin growth remains strong amidst evolving market conditions. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk

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