The post Cryptocurrency Market Awaits Surprises – Latest cryptocurrency news appeared on BitcoinEthereumNews.com.

A major cryptocurrency has once again surpassed the $97,000 milestone as the market eagerly anticipates comments from Jerome Powell. Despite the earlier decision by the Federal Reserve being understood, a recent substantial purchase by the Fed suggests a potential shift towards monetary easing, although it’s considered unlikely. This situation leads many to delve into the recent insights shared by experts on Fartcoin, Virtual, and EIGEN Coin. Can Fartcoin Surprise the Bears?Does Virtual Coin Have More to Offer? Can Fartcoin Surprise the Bears? Recent market activities reveal that Fartcoin and Virtual have managed to bring in rewarding opportunities due to their unexpected price swings. These fluctuations have surprised many who bet on the downside of these digital currencies, resulting in significant losses for them. A crypto analyst, known as Altcoin Sherpa, has revised his outlook on these particular altcoins. Earlier, this analyst foresaw Fartcoin achieving the $1 mark again, presenting a detailed chart as evidence. Although this target has already been realized, there remains a bullish sentiment with predictions aiming over $1.25 soon. Fartcoin’s current level suggests potential for growth, contingent on maintaining its $1 position; otherwise, it might seek support near $0.85. Does Virtual Coin Have More to Offer? Yes, an observed recovery pattern is making waves in Virtual Coin’s chart. Even though it isn’t geared towards reaching its all-time high presently, a post-decline rebound seems probable. A strategy emerges from the 0.5 fib level, identified as a likely zone for a price bounce, serving as an appealing entry point for buyers. Should the anticipated bounce at $1.15 fail to materialize, other Fibonacci levels could potentially offer support. Ethereum also appears in the spotlight despite lagging behind expectations, with the ETHBTC pair hitting historic lows indicative of vulnerability. Complementary technical signals propose the end of a buildup phase, setting the…

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Filed under: News - @ May 7, 2025 7:26 pm