$BTC do you all think now btc movement going down or up ple | Khalil Sahb в Binance Square

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$BTC do you all think now btc movement going down or up please tell comment below.
#NFPCryptoImpact 

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$BTC So after facing a sudden dump before 30 minutes now $BTC and alts coins going to green side with a heavy buying Volume.

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#NFPCryptoImpact The Non-Farm Payroll (NFP) report is a key economic indicator that measures the number of jobs added or lost in the U.S. economy, excluding the farming industry. This report is released monthly and can significantly impact various markets, including cryptocurrencies. Here's how the NFP report can affect the crypto market . A strong NFP report, indicating job growth, can boost investor confidence and lead to a positive sentiment in the crypto market. Conversely, a weak report can cause uncertainty and lead to a sell-off . The NFP report influences the Federal Reserve's decisions on interest rates. Higher job growth can lead to higher interest rates, which might strengthen the U.S. dollar and potentially reduce the appeal of cryptocurrencies as an alternative investment . Cryptocurrencies are known for their volatility, and major economic reports like the NFP can trigger significant price movements. Traders often anticipate these reports and adjust their positions accordingly . The NFP report also affects traditional financial markets like stocks and commodities. Movements in these markets can spill over into the crypto market, influencing prices and trading volumes . Understanding the NFP report and its potential impact can help crypto traders and investors make more informed decisions. $BTC

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#OnChainLendingSurge As far as I know, it is directly connected to or driven by Margin Trading. Recently I have been trading a lot making profits on one hand and losing some on the other hand. I decided to try my first maigin trading which includes on-chain borrowing and lending. I was too impetuous to make profits in Margin trading without considering the ups and downs of my target coin, BNB, which was at that time at its highest price, around $725. Soon after I confirmed my Margin trading, the Market Dip began causing me a significant amount of unrealized loss. Nevertheless I believe I am not the only one experiencing the loss as the whole market was dipping down, down and down. That's when the on-chain lending surge appeared indeed. It is as simple as this: I focus on trading in hope of making profits in a short time and you, on the other hand, on gaining passive incomes. Thereby I borrow some to make money by trading and you lend some to gather passive incomes by investing your assets on certain locked products. The current Market Dip created lots of, lots of, more of YOUs and a certain increased numbers of MEs, of course, causing what we are now talking about, the on-chain lending surge. In short, it indicates a maturing decentralized finance ecosystem, showcasing blockchain's potential to democratize access to financial services, making lending and borrowing more inclusive, efficient, and transparent. However, navigating this space requires a balance between leveraging opportunities and managing risks effectively. $BNB #MayThe7BeWithYouAll! May The 7 Be With You All!!!

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