News: Bitcoin continued its impressive rally, hitting new all-time highs above $28,500, driven by strong institutional demand and positive market sentiment. The Taproot upgrade gaining support from all major mining pools is a significant long-term bullish development for Bitcoin's infrastructure. However, regulatory headwinds persist, with the SEC's lawsuit against Ripple impacting XRP, leading exchanges like Binance US and prime brokers like Genesis to suspend XRP trading and lending, creating a bearish outlook for XRP and highlighting ongoing regulatory risks in the broader market.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.675, "key_reason": "The news highlights Bitcoin's strong price performance and increasing market cap, signaling growing "}