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💥 $BTC Update: Urgent Alert! 🚨🚨
🤯 Don’t Get Caught Off Guard! ⚠️👀
🚀 Bitcoin at $57.5K:
As predicted yesterday, Bitcoin has pulled back, sparking a liquidation frenzy for both longs and shorts. 🎢
🤔 What’s Next?
The big question now is—where does BTC go from here? I believe we’re on the verge of a massive pump in the coming days! 🚀
💥 Liquidation Heatmap Insight:
A future heatmap reveals a staggering $33.1 million in liquidations just waiting to be triggered at the $61K price level. This presents a major opportunity, but it won't be a smooth ride!
⚠️ Prepare for Volatility:
The market is about to get wild, so buckle up and stay sharp. This could be a rollercoaster worth riding! 🎢
#BTC☀ #bitcoin☀️ #BinanceLaunchpoolHMSTR #GrayscaleXRPTrust #CPI_BTC_Watch
🤯 Don’t Get Caught Off Guard! ⚠️👀
🚀 Bitcoin at $57.5K:
As predicted yesterday, Bitcoin has pulled back, sparking a liquidation frenzy for both longs and shorts. 🎢
🤔 What’s Next?
The big question now is—where does BTC go from here? I believe we’re on the verge of a massive pump in the coming days! 🚀
💥 Liquidation Heatmap Insight:
A future heatmap reveals a staggering $33.1 million in liquidations just waiting to be triggered at the $61K price level. This presents a major opportunity, but it won't be a smooth ride!
⚠️ Prepare for Volatility:
The market is about to get wild, so buckle up and stay sharp. This could be a rollercoaster worth riding! 🎢
#BTC☀ #bitcoin☀️ #BinanceLaunchpoolHMSTR #GrayscaleXRPTrust #CPI_BTC_Watch
13 sep 2024 time 1:50Am UAE.
At this time, if you will check the $BTC heat map, it is running on both sides with liquidation in its millions. Right now, you can't predict from here which side Bitcoin will go, whether it will pump or go down. If btc closes above $58k Today then hopefully btc will eat up the first 60k liquidation before the weekend by tomorrow or the day after tomorrow
🚨🚨🚨this is no financial advice please Also do your research before jumping into the market. 🚨🚨
#btcupdates2024 #BTC500K #btc73k #BTC100Ksoon #bitcoin☀️ $BTC
At this time, if you will check the $BTC heat map, it is running on both sides with liquidation in its millions. Right now, you can't predict from here which side Bitcoin will go, whether it will pump or go down. If btc closes above $58k Today then hopefully btc will eat up the first 60k liquidation before the weekend by tomorrow or the day after tomorrow
🚨🚨🚨this is no financial advice please Also do your research before jumping into the market. 🚨🚨
#btcupdates2024 #BTC500K #btc73k #BTC100Ksoon #bitcoin☀️ $BTC
Michael Saylor
Michael Saylor, a well-known Bitcoin advocate, has forecasted that Bitcoin could potentially reach $13 million within the next 21 years, estimating that its market capitalization could account for 7% of the world's total capital. If Bitcoin were to achieve such growth, it could create a significant opportunity for other cryptocurrencies like XRP. Currently valued at around $0.50, XRP could potentially soar to $100 per coin due to its unique market roles and higher liquidity compared to Bitcoin. The article suggests considering XRP as a long-term investment in the current market and promotes participating in a trading tournament for XRP to maximize potential gains.
$XRP #Ripple💰 #bitcoin☀️ n $BTC #HODLHODL #USNonFarmPayrollReport t #CryptoPredctions
$XRP #Ripple💰 #bitcoin☀️ n $BTC #HODLHODL #USNonFarmPayrollReport t #CryptoPredctions
A sudden DUMP and Pump still continue on #BTC☀ ..
#Bitcoin❗ ($BTC /USDT) is showing extreme volatility as the price tumbles to $57,670.19, after briefly hitting a high of $58,588.00. The market is experiencing sharp movements, with BTC bouncing between key levels in rapid succession.
A sudden drop from the highs is rattling traders, who were riding a bullish wave just hours earlier. With support at $57,345 tested recently, and sellers pushing the price down from the $58,500 range, the market is primed for even more volatility ahead. Brace yourselves, as the next moves could be just as dramatic!
#bitcoin☀️ #BullBanter #GrayscaleXRPTrust
#Bitcoin❗ ($BTC /USDT) is showing extreme volatility as the price tumbles to $57,670.19, after briefly hitting a high of $58,588.00. The market is experiencing sharp movements, with BTC bouncing between key levels in rapid succession.
A sudden drop from the highs is rattling traders, who were riding a bullish wave just hours earlier. With support at $57,345 tested recently, and sellers pushing the price down from the $58,500 range, the market is primed for even more volatility ahead. Brace yourselves, as the next moves could be just as dramatic!
#bitcoin☀️ #BullBanter #GrayscaleXRPTrust
7-DAYS COUNTDOWN TO FED RATE CUTS‼️
Rates will be Cut by 1.25%, But what does this mean for Crypto?
🚨
🔸Rate cuts will lead to increased interest in cryptocurrencies.
🔸Typically, rate cuts could lead to long-term price appreciation for $BTC as they are perceived as bullish catalysts for risk assets.
🔸Low interest rates increase appetite for assets with higher risk and higher returns.
Are you #BULLISH ?
#CryptoNewss #BinanceSquareFamily #bitcoin☀️
#MarketSentimentToday
Rates will be Cut by 1.25%, But what does this mean for Crypto?
🚨
🔸Rate cuts will lead to increased interest in cryptocurrencies.
🔸Typically, rate cuts could lead to long-term price appreciation for $BTC as they are perceived as bullish catalysts for risk assets.
🔸Low interest rates increase appetite for assets with higher risk and higher returns.
Are you #BULLISH ?
#CryptoNewss #BinanceSquareFamily #bitcoin☀️
#MarketSentimentToday
Alhamdulillah ❤️,
As predicted yesterday in morning CPI data +ve $BTC corrected till $55,500 area an showed bounce . Our t.p was $59K which is almost achieved . Here is next move of #bitcoin☀️ . Assure you read full post completely to understand better .
🔸 First we will discuss fundamental other factors and then technical and at last there will be mine opinion. According to fundamental no such bad news yet that cause BTC dump. Only one event that is ahead and every one looking on it is #FedRateCut decision on 18 SEPTEMBER . Most probability that FED cut 0.25 - 0.5% rate and it will give ignite to #BTC☀ and Bull 🐂 Run . We can expect UpTo 10% pump in BTC on that day. Closing thoughts are that fundamentally we are bullish for next 5 days .
🔸 Now let's discuss technical . According to technical analysis BTC is forming Inverse Head & Shoulder pattern that is bullish sign technically and we can see $59K and $60K level in two days. But on the same side recent price movement in short time frame show some exceptional price action . According to which we can retrace $56.5K area untill any bad news not come. But if any bad news come then they will take it's advantage and grab Liquidity of $54K region . Closing thoughts are that technically we can retrace till $57K and then $59K and $60K is next stop.
🔸My POV: According to my opinion BTC will show some consolation between $57K and $58,500 for some more time (8-12 hour) and then $59K , $60K is next stop. Not much bearish sentiment .
🚨Note: #Dyor2024 Before taking any financial decision in case of any lose #MU_Traders will be not responsible . Thanks 🙏 for reading .
🔸If you find this post helpful then don't forget to like and share your opinion about next move of BTC in comment box. Follow @MU_Traders for more updates .
$ETH $BNB
As predicted yesterday in morning CPI data +ve $BTC corrected till $55,500 area an showed bounce . Our t.p was $59K which is almost achieved . Here is next move of #bitcoin☀️ . Assure you read full post completely to understand better .
🔸 First we will discuss fundamental other factors and then technical and at last there will be mine opinion. According to fundamental no such bad news yet that cause BTC dump. Only one event that is ahead and every one looking on it is #FedRateCut decision on 18 SEPTEMBER . Most probability that FED cut 0.25 - 0.5% rate and it will give ignite to #BTC☀ and Bull 🐂 Run . We can expect UpTo 10% pump in BTC on that day. Closing thoughts are that fundamentally we are bullish for next 5 days .
🔸 Now let's discuss technical . According to technical analysis BTC is forming Inverse Head & Shoulder pattern that is bullish sign technically and we can see $59K and $60K level in two days. But on the same side recent price movement in short time frame show some exceptional price action . According to which we can retrace $56.5K area untill any bad news not come. But if any bad news come then they will take it's advantage and grab Liquidity of $54K region . Closing thoughts are that technically we can retrace till $57K and then $59K and $60K is next stop.
🔸My POV: According to my opinion BTC will show some consolation between $57K and $58,500 for some more time (8-12 hour) and then $59K , $60K is next stop. Not much bearish sentiment .
🚨Note: #Dyor2024 Before taking any financial decision in case of any lose #MU_Traders will be not responsible . Thanks 🙏 for reading .
🔸If you find this post helpful then don't forget to like and share your opinion about next move of BTC in comment box. Follow @MU_Traders for more updates .
$ETH $BNB
### Technical Analysis Report for $BTC /USDT
The $BTC /USDT trading pair is currently priced at **$58,210.00**, reflecting a slight increase of **+0.79%** over the past 24 hours. The price has been relatively stable, with a recent high of **$58,588.00** and a low of **$57,345.23**. This indicates a period of consolidation within this range, suggesting that traders are evaluating the next potential direction for Bitcoin.
In terms of support and resistance levels, the immediate support can be identified at **$57,345.23**, the recent low, which may provide a safety net for buyers. On the resistance side, the recent high of **$58,588.00** is a key level to monitor. A breakout above this resistance may lead to further upward movement, potentially targeting higher levels around **$58,900** and beyond.
The trading volume for the last 24 hours has reached **30,208.10 BTC**, with a corresponding USDT volume of approximately **$1.75 billion**. This significant volume indicates robust market activity and suggests that there is considerable interest in Bitcoin at these price levels. High volume accompanying price increases usually indicates strong buying support, which is a positive sign for bullish momentum.
For a more comprehensive understanding, traders should consider using technical indicators such as the Relative Strength Index (RSI) to assess overbought or oversold conditions. An RSI reading above 70 could suggest that Bitcoin is overbought, while a reading below 30 might indicate oversold conditions. Overall, BTC/USDT shows signs of consolidation with potential for upward movement, making it crucial for traders to monitor key support and resistance levels closely as they navigate their trading strategies.
$BTC #bitcoin☀️ #TelegramCEO #DOGSONBINANCE #BinanceTurns7
The $BTC /USDT trading pair is currently priced at **$58,210.00**, reflecting a slight increase of **+0.79%** over the past 24 hours. The price has been relatively stable, with a recent high of **$58,588.00** and a low of **$57,345.23**. This indicates a period of consolidation within this range, suggesting that traders are evaluating the next potential direction for Bitcoin.
In terms of support and resistance levels, the immediate support can be identified at **$57,345.23**, the recent low, which may provide a safety net for buyers. On the resistance side, the recent high of **$58,588.00** is a key level to monitor. A breakout above this resistance may lead to further upward movement, potentially targeting higher levels around **$58,900** and beyond.
The trading volume for the last 24 hours has reached **30,208.10 BTC**, with a corresponding USDT volume of approximately **$1.75 billion**. This significant volume indicates robust market activity and suggests that there is considerable interest in Bitcoin at these price levels. High volume accompanying price increases usually indicates strong buying support, which is a positive sign for bullish momentum.
For a more comprehensive understanding, traders should consider using technical indicators such as the Relative Strength Index (RSI) to assess overbought or oversold conditions. An RSI reading above 70 could suggest that Bitcoin is overbought, while a reading below 30 might indicate oversold conditions. Overall, BTC/USDT shows signs of consolidation with potential for upward movement, making it crucial for traders to monitor key support and resistance levels closely as they navigate their trading strategies.
$BTC #bitcoin☀️ #TelegramCEO #DOGSONBINANCE #BinanceTurns7
🚨🚨🚨Bitcoin Surges to $57,700, Whale Faces $28 Million Liquidation Risk 🚨🚨🚨
Bitcoin [BTC] has climbed to $57,700, but volatility continues to shake the market. A major Bitcoin whale is on the brink of liquidating **488.45 WBTC** (worth $28 million) on Compound [COMP], with a health ratio of **1.07** and a liquidation price set at **$50,429**.
The uncertainty surrounding BTC's recent price action has left traders on edge, especially as whale activity increases the stakes. If Bitcoin's price falls closer to the liquidation level, further downside risks could emerge, affecting both BTC and the broader crypto market.
Stay alert, traders! 🌊
#bitcoin☀️ #Write2Earn! #hamsterkombat24 #rockyrabbitlistingdate e #BlumCrypto $BTC
The uncertainty surrounding BTC's recent price action has left traders on edge, especially as whale activity increases the stakes. If Bitcoin's price falls closer to the liquidation level, further downside risks could emerge, affecting both BTC and the broader crypto market.
Stay alert, traders! 🌊
#bitcoin☀️ #Write2Earn! #hamsterkombat24 #rockyrabbitlistingdate e #BlumCrypto $BTC
$BTC $BTC $BTC
BTC 4H: BTC has turned 56.5K into support and is now hitting resistance at 58.5K. The next small resistance is at 60K. Support is in the 54-55K range. PPI and jobless claims data will be released in 1.5 hours, so expect some price swings. Manage your risk carefully.
#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️ #Write2Earn!
BTC 4H: BTC has turned 56.5K into support and is now hitting resistance at 58.5K. The next small resistance is at 60K. Support is in the 54-55K range. PPI and jobless claims data will be released in 1.5 hours, so expect some price swings. Manage your risk carefully.
#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️ #Write2Earn!
Bitcoin Bullish
#BTC☀ #BTCUSDT #bitcoin☀️ #Bitcoin❗️ #BTC
BTC IRL to ERL
Stay tuned for future updates to monitor shifts in market sentiment.
Follow me at X @WStreetExpert
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research.
BTC IRL to ERL
Stay tuned for future updates to monitor shifts in market sentiment.
Follow me at X @WStreetExpert
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research.
#BTC closed at $58,132.32 (Binance).
It seems the chart I shared weeks ago is playing out perfectly.
We’re highly likely to reach the $60K level soon!
Keep an eye on the upcoming weekly close.
In the meantime, alts should continue making positive moves.
Stay tuned, see you tomorrow!
Cheers!
#BTC☀ #bitcoin☀️ #CryptoNewss
It seems the chart I shared weeks ago is playing out perfectly.
We’re highly likely to reach the $60K level soon!
Keep an eye on the upcoming weekly close.
In the meantime, alts should continue making positive moves.
Stay tuned, see you tomorrow!
Cheers!
#BTC☀ #bitcoin☀️ #CryptoNewss
Fed Rate Hikes, Altcoin Storm, and Predicting the Peak of the Bull Run
The crypto market in 2024 has been a dynamic and unpredictable ride. From Fed rate hikes influencing Bitcoin’s price action to the explosive growth of altcoins, traders need to be on their toes. Let’s break down the current market landscape and explore where we might be headed, including when the elusive peak of the bull run could hit.
🏦 Fed Rate Hikes and Their Impact on Crypto
One of the biggest macroeconomic factors affecting crypto right now is the ongoing series of Federal Reserve rate hikes. The Fed has been aggressively raising interest rates to curb inflation, which has caused ripple effects across all financial markets, including crypto. Higher interest rates tend to make risk assets like Bitcoin less attractive as investors seek safer, yield-bearing investments.However, the market is anticipating that the Fed may soon start to pause or even reverse these hikes as inflation cools and the economic outlook shifts. When that happens, we could see a significant injection of liquidity back into the crypto space, potentially fueling the next leg of the bull run. Keep an eye on the next Federal Reserve meetings for any indications of a pivot in monetary policy.
🚀 The Bull Run: When Is the Peak?
With Bitcoin steadily recovering from earlier dips and institutional interest ramping up, many traders are wondering: When will we see the peak of this bull run? Historically, Bitcoin and the broader crypto market peak around 12-18 months after major economic shifts or halvings. Given that we’re now well into the post-halving phase and awaiting a potential Fed pivot, some analysts predict that the peak of this bull run could hit between mid-2025 and early 2026.What does this mean for traders? Now is the time to position yourself, but don’t expect the peak tomorrow. There’s still room for growth as institutional players and retail investors continue to pour into the market.
⛈️ Altcoin Storm: Alt Season Incoming
One of the most exciting trends in 2024 is the brewing altcoin storm. We’re seeing the early signs of what could be a full-blown alt season, where altcoins outperform Bitcoin in terms of percentage gains.TRON (TRX) and Layer-2 meme coins are already seeing massive growth,. Historically, alt seasons follow Bitcoin’s upward trajectory, usually taking off after BTC has made substantial gains. If history repeats itself, we could be heading into an explosive altcoin market over the next few months. Expect projects like TRON, Solana, and smaller DeFi tokens to make waves as retail investors look for the next big win after Bitcoin’s dominance stabilizes.
🔍 What to Watch
Fed Rate Hikes: Keep a close eye on the Federal Reserve’s decisions. A dovish pivot could send crypto skyrocketing as liquidity flows back into risk assets.
Bitcoin’s Market Moves: With institutional involvement growing, expect Bitcoin to maintain its upward trajectory. But the real question is when it will break its current resistance levels.
Altcoin Boom: Altcoins are gearing up for a strong season. Projects with real utility, especially in DeFi and Layer-2 solutions, are positioned to see major gains.
🎯 Final Thoughts: Timing is Everything
2024 is shaping up to be a pivotal year for crypto. From the macroeconomic forces of Fed rate hikes to the micro trends like an incoming alt season, traders who stay informed and position themselves early could see massive rewards. As always, timing is everything—so stay patient and stay informed.The bull run isn’t over yet, and the altcoin storm is just beginning. Let’s ride this wave together and make the most of what 2024 has to offer! 💪📈
$ETH
#DOGSONBINANCE
#AltSeasonComing
#bitcoin☀️
#altsesaon
#TON
🏦 Fed Rate Hikes and Their Impact on Crypto
One of the biggest macroeconomic factors affecting crypto right now is the ongoing series of Federal Reserve rate hikes. The Fed has been aggressively raising interest rates to curb inflation, which has caused ripple effects across all financial markets, including crypto. Higher interest rates tend to make risk assets like Bitcoin less attractive as investors seek safer, yield-bearing investments.However, the market is anticipating that the Fed may soon start to pause or even reverse these hikes as inflation cools and the economic outlook shifts. When that happens, we could see a significant injection of liquidity back into the crypto space, potentially fueling the next leg of the bull run. Keep an eye on the next Federal Reserve meetings for any indications of a pivot in monetary policy.
🚀 The Bull Run: When Is the Peak?
With Bitcoin steadily recovering from earlier dips and institutional interest ramping up, many traders are wondering: When will we see the peak of this bull run? Historically, Bitcoin and the broader crypto market peak around 12-18 months after major economic shifts or halvings. Given that we’re now well into the post-halving phase and awaiting a potential Fed pivot, some analysts predict that the peak of this bull run could hit between mid-2025 and early 2026.What does this mean for traders? Now is the time to position yourself, but don’t expect the peak tomorrow. There’s still room for growth as institutional players and retail investors continue to pour into the market.
⛈️ Altcoin Storm: Alt Season Incoming
One of the most exciting trends in 2024 is the brewing altcoin storm. We’re seeing the early signs of what could be a full-blown alt season, where altcoins outperform Bitcoin in terms of percentage gains.TRON (TRX) and Layer-2 meme coins are already seeing massive growth,. Historically, alt seasons follow Bitcoin’s upward trajectory, usually taking off after BTC has made substantial gains. If history repeats itself, we could be heading into an explosive altcoin market over the next few months. Expect projects like TRON, Solana, and smaller DeFi tokens to make waves as retail investors look for the next big win after Bitcoin’s dominance stabilizes.
🔍 What to Watch
Fed Rate Hikes: Keep a close eye on the Federal Reserve’s decisions. A dovish pivot could send crypto skyrocketing as liquidity flows back into risk assets.
Bitcoin’s Market Moves: With institutional involvement growing, expect Bitcoin to maintain its upward trajectory. But the real question is when it will break its current resistance levels.
Altcoin Boom: Altcoins are gearing up for a strong season. Projects with real utility, especially in DeFi and Layer-2 solutions, are positioned to see major gains.
🎯 Final Thoughts: Timing is Everything
2024 is shaping up to be a pivotal year for crypto. From the macroeconomic forces of Fed rate hikes to the micro trends like an incoming alt season, traders who stay informed and position themselves early could see massive rewards. As always, timing is everything—so stay patient and stay informed.The bull run isn’t over yet, and the altcoin storm is just beginning. Let’s ride this wave together and make the most of what 2024 has to offer! 💪📈
$ETH
#DOGSONBINANCE
#AltSeasonComing
#bitcoin☀️
#altsesaon
#TON
Bitcoin Rises to $57,700, Whale Liquidates $28 Million
A Bitcoin whale is at risk of a $28 million WBTC liquidation, as price movements suggest further declines ahead.
The recent price fluctuations of Bitcoin [BTC] continue to frustrate traders as uncertainty looms over the “king of cryptocurrencies.” While other cryptocurrencies have experienced similar declines, BTC has been particularly affected by whale activity.
One prominent whale is at risk of liquidating 488.45 WBTC, valued at $28 million, on Compound [COMP], with a health ratio of 1.07 and a liquidation price of $50,429.
#bitcoin☀️ #Write2Earn! #hamsterkombat24 #rockyrabbitlistingdate #BlumCrypto $BTC
A Bitcoin whale is at risk of a $28 million WBTC liquidation, as price movements suggest further declines ahead.
The recent price fluctuations of Bitcoin [BTC] continue to frustrate traders as uncertainty looms over the “king of cryptocurrencies.” While other cryptocurrencies have experienced similar declines, BTC has been particularly affected by whale activity.
One prominent whale is at risk of liquidating 488.45 WBTC, valued at $28 million, on Compound [COMP], with a health ratio of 1.07 and a liquidation price of $50,429.
#bitcoin☀️ #Write2Earn! #hamsterkombat24 #rockyrabbitlistingdate #BlumCrypto $BTC
$BTC $BTC $BTC
Bitcoin — Why I'm Still Cautious!
Yesterday's inflation data came in slightly lower than expected, which is generally a positive sign. Lower inflation opens the door for potential rate cuts. For context, the FED has two main goals: controlling inflation and supporting a healthy economy. This typically requires a balanced approach. Since inflation seems to be under control, lowering interest rates could help boost the struggling economy.
After the numbers were released, Bitcoin's price rose. However, it faced resistance again at 58k. Despite the growing bullish signals, I remain cautious.
To feel more confident about a sustained rally, Bitcoin needs to:
1) Close above 58k on the daily chart
2) Then close above 60k
Until that happens, there's still a chance of a drop to the lower trendline at 52k. The 60k level will be a major barrier, and a strong rejection at this point wouldn’t be surprising.#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️ #Write2Earn!
Bitcoin — Why I'm Still Cautious!
Yesterday's inflation data came in slightly lower than expected, which is generally a positive sign. Lower inflation opens the door for potential rate cuts. For context, the FED has two main goals: controlling inflation and supporting a healthy economy. This typically requires a balanced approach. Since inflation seems to be under control, lowering interest rates could help boost the struggling economy.
After the numbers were released, Bitcoin's price rose. However, it faced resistance again at 58k. Despite the growing bullish signals, I remain cautious.
To feel more confident about a sustained rally, Bitcoin needs to:
1) Close above 58k on the daily chart
2) Then close above 60k
Until that happens, there's still a chance of a drop to the lower trendline at 52k. The 60k level will be a major barrier, and a strong rejection at this point wouldn’t be surprising.#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️ #Write2Earn!
🚀 Bitcoin Set to Soar Over $100K No Matter Who Wins the U.S. Election!
According to a CNBC report, experts predict that Bitcoin could surpass $100,000 by 2025, regardless of whether Trump or Harris wins the presidential race.
❗️Analysts like Steven Lubka highlight that BTC’s growth is more influenced by global monetary trends than U.S. politics. While Trump’s win may trigger faster gains, the long-term outlook for Bitcoin remains bullish no matter what!
#USDataImpact #bitcoin☀️
According to a CNBC report, experts predict that Bitcoin could surpass $100,000 by 2025, regardless of whether Trump or Harris wins the presidential race.
❗️Analysts like Steven Lubka highlight that BTC’s growth is more influenced by global monetary trends than U.S. politics. While Trump’s win may trigger faster gains, the long-term outlook for Bitcoin remains bullish no matter what!
#USDataImpact #bitcoin☀️
$BTC $BTC
Bitcoin experienced a drop of up to 3.4%, later recovering slightly to trade at around $55,850 by 10:04 a.m. in New York on Wednesday. This decline followed a debate between Kamala Harris and Donald Trump. The dip also came amid broader market concerns, with stocks falling and bond yields rising due to a higher-than-expected inflation report, leading to speculation that the Federal Reserve might slow its rate cuts.
$BTC
Bitcoin, often seen as a "Trump trade" because of the former president's support for crypto, was affected by the debate. Trump defended himself against attacks from Harris, who appeared to gain the upper hand. Following the debate in Philadelphia, pop star Taylor Swift endorsed Harris, and betting odds shifted in her favor.
According to Caroline Mauron, co-founder of Orbit Markets, the perception that Harris won the debate likely contributed to Bitcoin's slight dip. While Harris hasn’t outlined a clear crypto policy yet, her campaign advisor mentioned support for growing the industry with safeguards. Trump, in contrast, has recently embraced the digital asset space, even vowing to make the US the "crypto capital." This marks a significant shift from his previous criticism of the sector.
Trump has also launched NFTs and promoted crypto projects like World Liberty Financial, a DeFi initiative, although details remain unclear. The Trump family’s social media accounts were hacked last week, leading to a false post about the project.
The crypto industry has become a significant player in the election through donations, seeking favorable regulations. Bitcoin reached a high of $73,798 in March, driven by demand for US-based ETFs. Although the rally has slowed, it’s been a sharp contrast to the deep bear market of 2022 and the collapse of the FTX exchange.#bitcoin☀️ #Write2Earn! #bitcoin☀️ #Write2Earn! #bitcoin☀️
Bitcoin experienced a drop of up to 3.4%, later recovering slightly to trade at around $55,850 by 10:04 a.m. in New York on Wednesday. This decline followed a debate between Kamala Harris and Donald Trump. The dip also came amid broader market concerns, with stocks falling and bond yields rising due to a higher-than-expected inflation report, leading to speculation that the Federal Reserve might slow its rate cuts.
$BTC
Bitcoin, often seen as a "Trump trade" because of the former president's support for crypto, was affected by the debate. Trump defended himself against attacks from Harris, who appeared to gain the upper hand. Following the debate in Philadelphia, pop star Taylor Swift endorsed Harris, and betting odds shifted in her favor.
According to Caroline Mauron, co-founder of Orbit Markets, the perception that Harris won the debate likely contributed to Bitcoin's slight dip. While Harris hasn’t outlined a clear crypto policy yet, her campaign advisor mentioned support for growing the industry with safeguards. Trump, in contrast, has recently embraced the digital asset space, even vowing to make the US the "crypto capital." This marks a significant shift from his previous criticism of the sector.
Trump has also launched NFTs and promoted crypto projects like World Liberty Financial, a DeFi initiative, although details remain unclear. The Trump family’s social media accounts were hacked last week, leading to a false post about the project.
The crypto industry has become a significant player in the election through donations, seeking favorable regulations. Bitcoin reached a high of $73,798 in March, driven by demand for US-based ETFs. Although the rally has slowed, it’s been a sharp contrast to the deep bear market of 2022 and the collapse of the FTX exchange.#bitcoin☀️ #Write2Earn! #bitcoin☀️ #Write2Earn! #bitcoin☀️
Charles Hoskinson: “We don't lock ADA coins in steakage”
Charles Hoskinson, founder of the Cardano blockchain, tried to refute rumors that ADA coins are locked in steaking for the sake of limiting sales and inflating the market capitalization of this cryptocurrency.
Hoskinson assured that the Cardano blockchain offers non-custodial staking, allowing ADA holders to freely sell coins at any time. ADA holders can be rewarded for assets placed in the steaking while retaining full control over them, the businessman asserted. Other networks that use the Proof-of-Stake consensus algorithm require users to lock up crypto assets for a fixed period, Hoskinson emphasized.
The Cardano founder said that there is no manipulation of ADA's market capitalization through the staking mechanism. ADA's market capitalization is determined by the total coin supply and market rate - with no forced restrictions on steaking or sales, the blockchain creator asserted. ADA's total capitalization now reaches $11.9 billion.
“ADA coins are never locked in steaking, and the market capitalization of the project is independent of any form of forced steaking. Coins are never held by a third party to increase user security. Cardano allows participants to take ADA out of steaking and sell at any time, providing flexibility and liquidity,” the businessman said.
Hoskinson recently criticized Bitcoin's blockchain for its rigidity and lack of flexibility. According to Hoskinson, the unwillingness to innovate will be the cause of Bitcoin's collapse. #adacoin #bitcoin☀️
Charles Hoskinson, founder of the Cardano blockchain, tried to refute rumors that ADA coins are locked in steaking for the sake of limiting sales and inflating the market capitalization of this cryptocurrency.
Hoskinson assured that the Cardano blockchain offers non-custodial staking, allowing ADA holders to freely sell coins at any time. ADA holders can be rewarded for assets placed in the steaking while retaining full control over them, the businessman asserted. Other networks that use the Proof-of-Stake consensus algorithm require users to lock up crypto assets for a fixed period, Hoskinson emphasized.
The Cardano founder said that there is no manipulation of ADA's market capitalization through the staking mechanism. ADA's market capitalization is determined by the total coin supply and market rate - with no forced restrictions on steaking or sales, the blockchain creator asserted. ADA's total capitalization now reaches $11.9 billion.
“ADA coins are never locked in steaking, and the market capitalization of the project is independent of any form of forced steaking. Coins are never held by a third party to increase user security. Cardano allows participants to take ADA out of steaking and sell at any time, providing flexibility and liquidity,” the businessman said.
Hoskinson recently criticized Bitcoin's blockchain for its rigidity and lack of flexibility. According to Hoskinson, the unwillingness to innovate will be the cause of Bitcoin's collapse. #adacoin #bitcoin☀️
🚨 $BTC Retest on Support! 🚨
Bitcoin ($BTC ) is gearing up for a potential bullish breakout after retesting the key support level at $57,500! ⚡ The price is showing strength, and this could be the setup for an exciting upward move! 🚀
Current Price: $58,015
Support: $57,500
Resistance: $59,500
Will $BTC soar past resistance and continue its climb? Keep an eye on the charts because a breakout could be just around the corner! 📊
#BTC☀ #bitcoin☀️ #CryptoTrading #BullishAlert #Write2Earn!
Bitcoin ($BTC ) is gearing up for a potential bullish breakout after retesting the key support level at $57,500! ⚡ The price is showing strength, and this could be the setup for an exciting upward move! 🚀
Current Price: $58,015
Support: $57,500
Resistance: $59,500
Will $BTC soar past resistance and continue its climb? Keep an eye on the charts because a breakout could be just around the corner! 📊
#BTC☀ #bitcoin☀️ #CryptoTrading #BullishAlert #Write2Earn!
