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Bitcoin, Ethereum, XRP, Dogecoin Enter Weekend Strong: 'Long Dips, $140,000 Is Programmed,' Trader Says

  • Bitcoin, Ethereum, XRP, and Dogecoin showed strong gains entering the weekend of May 9-10, 2025, with prices rising across major exchanges worldwide.
  • The recent price surge followed U.S.-U.K. Trade deal announcements, hints of U.S.-China tariff relief, steady Fed rates, and positive earnings season, which together boosted investor confidence.
  • Ethereum jumped 25% to around $2,300 after completing its Pectra upgrade, while Bitcoin surpassed $103,000 with increased institutional inflows and rising transaction volumes.
  • Data showed over 14,000 transactions above $100,000 in a day and liquidations of $1.04 billion, while experts forecast short-term pullbacks before Bitcoin resumes upward momentum toward targets near $140,000.
  • This rally reflects growing crypto market maturation and mainstream acceptance, though analysts advise caution amid macroeconomic and geopolitical uncertainties affecting altcoin performance.
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Jingletree broke the news in on Friday, May 9, 2025.
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