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Brytomotive
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Bitcoin’s Price Plummets 8% in 10 Minutes to June Lows 📉 Bitcoin's price #fell around 8% in 10 minutes on August 17, reaching levels unseen since June. Starting at $27,600, it dropped over 8% to $25,320, with some exchanges showing a dip to the low $26k range. The fall was influenced by factors including #SpaceX 's $373 million BTC sale and China's #Evergrande Group filing for bankruptcy. This brought Bitcoin's market cap below $500 billion, a first since June 16. However, despite this dip, Bitcoin remained 60% up from the start of 2023 at around $16,550. #Binance #crypto2023

Bitcoin’s Price Plummets 8% in 10 Minutes to June Lows 📉

Bitcoin's price #fell around 8% in 10 minutes on August 17, reaching levels unseen since June. Starting at $27,600, it dropped over 8% to $25,320, with some exchanges showing a dip to the low $26k range.

The fall was influenced by factors including #SpaceX 's $373 million BTC sale and China's #Evergrande Group filing for bankruptcy.

This brought Bitcoin's market cap below $500 billion, a first since June 16.

However, despite this dip, Bitcoin remained 60% up from the start of 2023 at around $16,550.

#Binance

#crypto2023

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The expected one-year inflation rate in the United States for May is 3.5%, reaching a new high since November last year. 🚨
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#Gnosis , an Ethereum sidechain, is partnering with Zeal, a digital wallet company, to make everyday cryptocurrency transactions easier. Gnosis is also investing $2 million in #Zeal , bringing their total funding to $9 million. This collaboration aims to simplify self-custody crypto transactions, making them more user-friendly for everyday use. #Binance #crypto2024
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Yesterday BlackRock (IBIT) Daily BTC Flows: +21.8m 💰
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#Sui recently clarified misleading information about their token supply. Locked tokens are safely held by third parties and cannot be moved until unlocked according to the public schedule. The founders have no control over community reserve or other allocated tokens. Sui Foundation holds the largest portion of #locked tokens and will use them to support the ecosystem. #Staking rewards are already circulating and 100% of those earned by Sui Foundation go back to the community. See the official token unlock schedule at https://sui.io/token-schedule for details. #Binance #crypto2024
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