Bitcoin gained a 7,50 % value during morning hours and is priced around $41.681. A new statement from US Treasury Secretary Janet Yellen sets out how her department will implement the provisions of a long-awaited executive order from Joe Biden's White House. “Biden's historic executive decision requires a coordinated and comprehensive approach to digital asset policy,” a statement released late Tuesday and later removed from the website publication.

When we consider the BTC/USDT pair technically, BTC, which has been under $39,000 for the past few days, has started to rise sharply with the statement made by the US Treasury Minister yesterday and broke the resistance level in the $49,000-40,500 band. In this rise supported by the news flow, even if there is no clear reversal signal in technical terms, the volume price relationship supports the rise.

Ethereum gained a 5,50% value during morning hours and is priced around $2716. The landscape in the field of decentralized finance continues to transform into new forms as the market progresses. A new report shows that Ethereum's DeFi dominance was acquired by other blockchains.

When we consider the ETH/USDT pair technically, as stated in the daily bulletin yesterday, there was a positive divergence in the 4-hour chart. Its confirmation was received at the level of $2492. In ETH, where we saw that there was a positive divergence in the 1-day period as of the daily close, the day started with sharp rises due to the effect of the news flow. We expect rises to continue towards the first short-term resistance level of $2800.

AVAX gained a 8,00% value during morning hours and is priced around $78.93. Avalanche Foundation announced Avalanche Multiverse yesterday. Avalanche Multiverse is a $290 million incentive program aimed at promoting their new sub-ecosystem. The program aims to finance projects in Web3 playground, DeFi, NFTs and facilitate corporate usage.

When we consider AVAX/USDT pair technically, the sales pressure in AVAX, which has recently reacted to the major downward trend, has increased, and downward price movements continued to the short-term uptrend. The positive news flow from USA and Avalanche Foundation's big announcement happened when climbing the support zone. So AVAX broke the $76.89 level upwards. In AVAX, where there is a stagnated price movement, the breakout of the stagnated zone will determine the trend.
 

Ripple gained a 3,85% value during morning hours and is priced around $0,7460. When we consider the LTC/USDT pair technically, there is no major change in the outlook. In XRP, which clings to the support level of $0.7121, the positive course is dominant with the market-wide increase this morning. In XRP, which has not yet broken the short-term downward trend, the price movement will be determined by the breakout of this stagnated area.

LTC gained a 5,70% value during morning hours and is priced around $106.3. When consider LTC/USDT pair technically, along with the negative outlook that has dominated the market for the last few days, there is a sharp increase in LTC, which had broken its supports at $113.1 and $104.9 downwards, as of this morning along with the market-wide rise. In LTC, which we think there is no major change in technical terms, there is a confirmed positive divergence in RSI as of the daily close yesterday. A breakout of the downtrend and the RSI indicator might trigger a permanent rise.

LINK gained a 6,30% value during morning hours and is priced around $13.87. When we consider the LINK/USDT pair technically, LINK has price action inside the horizontal channel as of May 26. However, it has closed the day below the lower line for the last three days. As of the daily close yesterday, LINK's positive divergence was confirmed. Moreover, with today's sharp rise, we expect the rise to continue towards $15.5 in LINK, which has started pricing within the channel.

BAT gained a 3,40% value during morning hours and is priced around $0.6794. When we consider the BAT/USDT pair technically, BAT continues price action below the downtrend on November 28. BAT, which also fell to the support zone in the $0.64-0.70 band, confirmed its positive divergence in RSI as of the daily close yesterday. With this approval and positive news flow, a breakout of the downtrend in BAT, which started surging today, is important for the continuity of momentum.