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Bitcoin Price Prediction: Ohio Crypto Payments and $47M Stablecoin Boost Fuel BTC’s Long-Term Outlook

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Bitcoin is buying and selling close to $109,750, down round 2.75% within the final 24 hours, as traders weigh each bearish technical indicators and a string of bullish adoption headlines. Ohio has grow to be the fourth U.S. state to authorize cryptocurrency funds for public companies, becoming a member of Colorado, Utah, and Louisiana.

The State Board of Deposit unanimously authorized a vendor to course of digital asset transactions, marking a milestone for BTC’s legitimacy in authorities finance.

Ohio Secretary of State Frank LaRose known as the choice a daring step that strengthens the state’s attraction as a enterprise hub. He confirmed his workplace would be the first to simply accept crypto for official funds.

Lawmakers are additionally contemplating establishing a Strategic Cryptocurrency Reserve. It’s like a nationwide Bitcoin reserve. These sorts of strikes add credibility to digital property, which helps construct belief and strengthens the long-term case for Bitcoin.

XRP Ecosystem Expands Despite Price Drop

Ripple’s XRP has struggled, falling 10% since September 19 and now buying and selling at $2.82. Resistance is positioned close to $3.20–$3.30, with assist at $2.60, indicating a possible consolidation section. Yet CEO Brad Garlinghouse used the Seoul 2025 XRP occasion to rally the group, highlighting mXRP, a yield-bearing instrument providing as much as 8% returns on idle tokens.

Ripple additionally partnered with Securitize to hyperlink its RLUSD stablecoin to tokenized fund exchanges, additional increasing real-world use instances. Institutional adoption of altcoins usually has a spillover impact, boosting general crypto sentiment and not directly supporting Bitcoin.

Stablecoin Firm RedotPay Joins Unicorn Club

RedotPay, the fee firm, has raised $47m, changing into a unicorn in simply 18 months. Backed by Coinbase Ventures, Galaxy Ventures and Vertex Ventures, RedotPay has added 5m customers and processed $10bn in funds since launch.

Its Global Payout service, reside since June 2025, permits crypto-to-bank transfers, with demand rising in underserved markets equivalent to Latin America.

The firm has licenses in Argentina, Hong Kong and Europe, with plans to broaden additional. As stablecoin fee techniques scale, confidence in digital finance grows, which not directly helps Bitcoin’s function because the market anchor.

Bitcoin (BTC/USD) Technical Outlook

Technically, Bitcoin trades inside a descending triangle, with resistance at $111,128 and assist close to $109,000. A breakdown dangers $107,282 or $105,201, however the RSI close to 38 suggests oversold situations.

A bullish candle at these ranges may set off a rebound to $113,900 and $117,372, the place main resistance sits.

Bitcoin Price Chart – Source: Tradingview

For merchants, cautious accumulation between $109,000–$110,000 with stops underneath $105,000 stays viable. A restoration above $114,000 would affirm a breakout path towards $120,000.

With U.S. states embracing crypto funds, altcoins increasing ecosystems, and stablecoin corporations attracting billions, Bitcoin could also be organising for a renewed rally into year-end.

Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed

Bitcoin Hyper ($HYPER) is positioning itself as the primary Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its aim is to broaden the BTC ecosystem by enabling lightning-fast, low-cost sensible contracts, decentralized apps, and even meme coin creation.

By combining BTC’s unmatched safety with Solana’s high-performance framework, the undertaking opens the door to completely new use instances, together with seamless BTC bridging and scalable dApp improvement.

The staff has put robust emphasis on belief and scalability, with the undertaking audited by Consult to present traders confidence in its foundations.

Momentum is constructing shortly. The presale has already crossed $17.9 million, leaving solely a restricted allocation nonetheless out there. At at this time’s stage, HYPER tokens are priced at simply $0.012965—however that determine will improve because the presale progresses.

You should purchase HYPER tokens on the official Bitcoin Hyper website utilizing crypto or a financial institution card.

Click Here to Participate in the Presale

The submit Bitcoin Price Prediction: Ohio Crypto Payments and $47M Stablecoin Boost Fuel BTC’s Long-Term Outlook appeared first on Cryptonews.

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