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Crypto Crash: The sell-off across the globe has led to a massive decline in equity markets and affected cryptocurrencies, with Bitcoin falling over 12 per cent in the last 24 hours. Investors have become cautious following a soft jobs report from the US, raising fears of an oncoming recession. According to data available on Binance.com, Bitcoin's price crashed over 12 per cent in the last 24 hours. As of around 01:55 pm on Monday, Bitcoin was trading at $52,925.47, which is 28 per cent lower than its all-time high of $73,750. The popular cryptocurrency has traded in the range of $49,121.24 (low) to $61,058.94 (high) in the last 24 hours, registering a fall of 24 per cent in the last seven days. As per Edul Patel, Co-Founder and CEO of Mudrex, Bitcoin fell due to increased sell-offs and the Bank of Japan's decision to raise its benchmark interest rate. Patel believes that this monetary tightening strengthened the yen and caused Japan's Nikkei stock index to drop. Meanwhile, the US Federal Reserve kept its rates unchanged, and escalating tensions between Iran and Israel further pressured the market. As per Patel, Bitcoin's next support level is at $53,200, with resistance at $55,800. Ethereum (ETH), on the other hand, has faced a worse hit, tumbling over 18 per cent in the last 24 hours, with a weekly loss of 30 per cent. ETH was quoted trading at $2,358.66, over 51 per cent lower than its all-time high of $4,891.70. ETH has traded in the range of $2,122.55 (low) to $2,923.47 (high) in the last 24 hours. Meanwhile, Binance Coin (BNB) plunged over 20 per cent in the last 24 hours and nearly 30 per cent in the last seven days. BNB was last quoted at around $417.85, 42 per cent lower than its all-time high of $720.67. It has traded in the range of $407.52 (low) to $528.69 (high) in the last 24 hours. #MarketDownturn #BTC #ETH #BNB
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In last 24 hours $BTC came from 58k$ to 48k$ and now it is coming back to 55k$. I think this is the prelude to the bull market. Because we know that bull run is actually btc with big dump and pump every day. #MarketDownturn #btc #eth #solonapumping
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📢 If Trump becomes president of America in the next election, $BTC will go to 300k$. ➡️What is your opinion on this..? #BTC #ETH #BNB #DOGE
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🚨In this down market I will suggest you to buy 5 tokens.🚨 If you buy these 5 tokens, you can take a good profit in 2 days. 1️⃣$AI ➡️Current price 0.41$ 2️⃣$MANTA ➡️Current price 0.80$ 3️⃣$ALT ➡️Current price 0.10$ 4️⃣$STRK ➡️Current price 0.42$ 5️⃣$MATIC ➡️Current price 0.47$ 👉If you have free dollars then buy these tokens now and you will see your good profit tomorrow👈 #AI #MANTA #ALT #STRK #MATIC
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🔴📢 I think It's time to buy $BTC $ETH $BNB $SOL and $DOGE ✅ 👉 Because these coins will return to the previous price in a very short time. So if you have fund buy these coins for good profit in short time. 🔔🔔 ⚠️Not Financial Advice: The information provided in these trading signals is for educational and informational purposes only. #BTC #BNB #ETH #SOL #DOGE
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آخر الأخبار
CoinDesk 20 Index Sees Decline With APT And XRP Leading Gains
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USDC Treasury Destroys Over 52 Million USDC Tokens
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CME to Launch Bitcoin Friday Futures in September 2024
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Ethereum(ETH) Drops Below 2,600 USDT with a 4.39% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 62,000 USDT with a 2.59% Decrease in 24 Hours
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