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๐Ÿ—“ **Upcoming Economic Events** ๐Ÿ—“ Get ready for a wild ride until next Friday with back-to-back events! ๐Ÿš€ Even slightly positive data could propel $BTC higher. ๐Ÿ“ˆ We already know the ECB cut rates for the first time since 2019. Will the FED follow suit? ๐Ÿค” **June 7, 2024:** - **US Average Hourly Earnings m/m** - **US Non-Farm Employment Change** - **US Unemployment Rate** **June 12, 2024:** - **UK GDP m/m** - **US Core CPI m/m** - **US CPI m/m** - **US CPI y/y** - **US Federal Funds Rate** - **US FOMC Economic Projections** - **US FOMC Statement** - **US FOMC Press Conference** **June 13, 2024:** - **US Core PPI m/m** - **US PPI m/m** - **US Unemployment Claims** Stay tuned and adjust your strategies accordingly! ๐Ÿ“Š๐Ÿ“ˆ #binanceevent #altcoins #BTC #bitcoin #Metaverse

๐Ÿ—“ **Upcoming Economic Events** ๐Ÿ—“

Get ready for a wild ride until next Friday with back-to-back events! ๐Ÿš€

Even slightly positive data could propel $BTC higher. ๐Ÿ“ˆ

We already know the ECB cut rates for the first time since 2019. Will the FED follow suit? ๐Ÿค”

**June 7, 2024:**

- **US Average Hourly Earnings m/m**

- **US Non-Farm Employment Change**

- **US Unemployment Rate**

**June 12, 2024:**

- **UK GDP m/m**

- **US Core CPI m/m**

- **US CPI m/m**

- **US CPI y/y**

- **US Federal Funds Rate**

- **US FOMC Economic Projections**

- **US FOMC Statement**

- **US FOMC Press Conference**

**June 13, 2024:**

- **US Core PPI m/m**

- **US PPI m/m**

- **US Unemployment Claims**

Stay tuned and adjust your strategies accordingly! ๐Ÿ“Š๐Ÿ“ˆ

#binanceevent #altcoins #BTC #bitcoin #Metaverse

ุฅุฎู„ุงุก ุงู„ู…ุณุคูˆู„ูŠุฉ: ุชุชุถู…ู† ุขุฑุงุก ุฃุทุฑุงู ุฎุงุฑุฌูŠุฉ. ู„ูŠุณุช ู†ุตูŠุญุฉู‹ ู…ุงู„ูŠุฉ. ูŠูู…ูƒู† ุฃู† ุชุญุชูˆูŠ ุนู„ู‰ ู…ูุญุชูˆู‰ ู…ูู…ูˆู„.ย ุงุทู„ุน ุนู„ู‰ ุงู„ุดุฑูˆุท ูˆุงู„ุฃุญูƒุงู….
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ุงุณุชูƒุดู ุฃุญุฏุซ ุฃุฎุจุงุฑ ุงู„ุนู…ู„ุงุช ุงู„ุฑู‚ู…ูŠุฉ
โšก๏ธ ูƒูู† ุฌุฒุกู‹ุง ู…ู† ุฃุญุฏุซ ุงู„ู†ู‚ุงุดุงุช ููŠ ู…ุฌุงู„ ุงู„ุนู…ู„ุงุช ุงู„ุฑู‚ู…ูŠุฉ
๐Ÿ’ฌ ุชูุงุนู„ ู…ุน ู…ูู†ุดูุฆูŠ ุงู„ู…ูุญุชูˆู‰ ุงู„ู…ููุถู‘ู„ูŠู† ู„ุฏูŠูƒ
๐Ÿ‘ ุงุณุชู…ุชุน ุจุงู„ู…ุญุชูˆู‰ ุงู„ุฐูŠ ูŠุซูŠุฑ ุงู‡ุชู…ุงู…ูƒ
ุงู„ุจุฑูŠุฏ ุงู„ุฅู„ูƒุชุฑูˆู†ูŠ / ุฑู‚ู… ุงู„ู‡ุงุชู
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ุงุณุชูƒุดู ุงู„ู…ุฒูŠุฏ ู…ู† ู…ูู†ุดูุฆ ุงู„ู…ูุญุชูˆู‰

### ๐Ÿ˜ฑ๐Ÿ‡จ๐Ÿ‡ณ Is China Unbanning Crypto? Top Analyst Recommends Altcoins to 'Stack' Before Capital Influx ๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ˜ฑ Twitter is buzzing with reports of China potentially unbanning crypto. Tech pioneer Kyle Chasse revealed that Bybit has opened registrations for Chinese users. Previously, the third-largest offshore exchange had strictly restricted Chinese users from using the platform. Amid these reports, analyst Dylan took to the Crypto Banter channel, highlighting that China might be lifting its crypto ban. Here are the key points: - **Bybit Registration**: Bybit, the third-largest offshore exchange, now allows Chinese users to register and authenticate, sparking bullish sentiment. - **Market Impact**: This move could lead to a massive influx of capital into the crypto market, especially into altcoins. ### Analyst's Top Picks: 1. **$NEO **: - **Recent Performance**: Experienced a 54% pump on April 8th and 9th due to Chinese news. - **Current Status**: Trading below the 50-day moving average but could rise quickly with renewed momentum. 2. **$VET **: - **Potential Moves**: First expected move is a 10% increase, followed by an 18% rise. - **Opportunity**: Currently presenting significant growth potential among Chinese narrative tokens. > As Dylan mentioned, patience is keyโ€”sometimes it takes days or even weeks for a token to move, as seen with #SUI or RENDER. Let's see how this situation unfolds and if these tokens capitalize on the possible influx of Chinese capital. #altcoins #ChinaDrama #BlackRock
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๐Ÿ˜ฑ๐Ÿซจ **Market Shocker: The Real Reason Behind Bitcoin and Altcoin Declines!** ๐Ÿซจ๐Ÿ˜ฑ **Bitcoinโ€™s Sharp Decline: What Happened?** While Bitcoin seemed stable, a sharp decline in the evening hours dragged its price down to $68,000. Whatโ€™s behind this sudden drop? **Market Movements:** - **Bounce Back:** Bitcoin rebounded to touch $72,000 earlier today. - **Sharp Decline:** At 15:30 UTC, the price fell sharply to $68,400. **Why is Bitcoin Falling?** 1. **US Employment Data:** - **Unexpected Increase:** Agricultural employment data showed a rise of 272,000 jobs in May, far exceeding the expected 182,000. - **Impact on Fed Policies:** The strong employment data diminished hopes for a Fed rate cut in July, strengthening the dollar. Markets now predict a 45% chance of a rate cut in September, down from 56% before the data release. 2. **Roaring Kittyโ€™s Livestream:** - **GameStop Phenomenon:** During a YouTube live broadcast watched by over 600,000 people, Roaring Kitty made no sensational announcements as expected. - **Market Reaction:** GameStop shares plummeted over 40%, causing the meme coin with the same name to drop more than 50%. This led to double-digit losses in many meme coins. 3. **Leveraged Position Losses:** - **Widespread Liquidations:** Bitcoinโ€™s decline triggered losses in leveraged positions, totaling $400 million. - **User Impact:** Nearly 150,000 users faced losses in derivatives, according to Coinglass. #CryptoNews๐Ÿš€๐Ÿ”ฅ #Marketupdate #altcoins #InvestingRevolution #FinancialNews Stay informed and trade wisely! ๐Ÿ“‰๐Ÿš€
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