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Philip_BITC
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7 letter words for word of the day....
#WORD_OF_THE_DAY_BINANCE
$BIO
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Philip_BITC
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Share Your Trades and Split $4,500 USDC Rewards! Campaign Period: 2025-01-08 00:00 to 2025-01-16 59:59 (UTC) How to Participate: Ensure you have updated your Binance app to the latest version (at least v2.93). Simply make a short post on Binance Square using one of following three types of widgets. Each post must contain more than 50 characters. Daily or 30-Day Account PNL Account Portfolio Distribution Spot or Futures trades from the last 7 days
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Share your trades and Split$4,500 USDC Rewards... $BTC
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$BNB Going down... #CryptoMarketDip
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#CryptoMarketDip Reasons for the sudden market drop 7/1/2025: 1. A sudden rise in the US 10-year Treasury yield. 2. Unexpected strong US economic data, including: - Strong labor market statistics - ISM services index rose above expectations 3. Major liquidations in the cryptocurrency market: - About $480 million was liquidated - Bitcoin fell by 5% - Ethereum fell by 8% 4. Market leverage reduction: - More than $1 billion lost in open positions for Bitcoin and Ethereum 5. Change in investors' expectations about the Federal Reserve cutting interest rates in 2025 6. Bitcoin price drops below $98,000 7. Shares of cryptocurrency-related companies were negatively affected, such as: - MicroStrategy - Marathon Digital This drop was part of a broader market decline, as strong economic data changed investors' expectations and put pressure on riskier assets such as cryptocurrencies.
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