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$BTC bitcoin fell to the bottom for a couple of days and dragged other coins with it, but the market is slowly starting to grow, but the coins are still far from reaching the level they had 2 months ago, it's not a fact that the market will go to the bottom again in a week
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$PENGU PENGU 0.035179 +6.55% PENGU/USDT - Trading Signal 📊 $PENGU is currently at $0.035607, showing a rise of +6.80%. The NFT-related token is experiencing solid gains with strong volume support. Key Trading Levels 🎯: Entry Price: $0.035607 Target 1: $0.035688 (Near 24h High) Target 2: $0.035804 (Next Resistance Zone) Target 3: $0.036500 (Extended Target) Stop Loss: $0.034787 (SAR Support Level) Pro Tip: Watch for a breakout above $0.035688 to confirm further upward momentum. Use the stop loss at $0.034787 to protect your position from any potential pullbacks. #AIXBT,COOKIE,CGPTOnBinance #NFPCryptoImpact #DOJBTCAuction #USJoblessClaimsDrop #BinanceAlphaAlert
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0.6 also
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#OnChainLendingSurge The on-chain lending market has reached unprecedented levels, with active loans surpassing $20 billion, breaking the previous record set in December 2021 This surge is attributed to several factors: Increased Adoption of DeFi Protocols Platforms like Aave, Compound, and MakerDAO are attracting both retail and institutional investors, drawn by competitive yields and flexible loan structures.
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#CryptoMarketDip $ETH ETH 3,360.38 -7.64% The recent crash in the cryptocurrency market isn't driven by internal factors within the crypto space. Instead, it’s closely linked to the broader decline of the Nasdaq, a major tech stock index. This external shock has caused a domino effect across all financial markets, leading to a pullback in cryptocurrency prices alongside a drop in traditional tech stocks. The Ripple Effect: Nasdaq’s Impact on Crypto 🌐 The relationship between cryptocurrencies and traditional financial markets has been strengthening over time. When a major index like the Nasdaq sees a significant decline, it creates widespread panic and fear. This leads investors to pull their money from both stocks and digital assets. While the fundamentals of cryptocurrencies remain solid, the market sentiment is largely influenced by external factors, causing an increased selling pressure in crypto markets. What Triggered the Crash? 🔍 The sharp drop in the Nasdaq has been a key driver of this downturn. As investors witness significant declines in stock prices, they tend to make cautious moves and liquidate their positions in both stocks and digital assets. This has triggered a broad-based sell-off, pulling the entire financial ecosystem down. Key Factors to Understand 🔑 Nasdaq’s Decline: The Nasdaq’s drop has created a ripple effect that has affected a variety of asset classes, including cryptocurrencies. Tech stocks and digital assets often share similar investor sentiments, leading to correlated movements.Investor Sentiment: When major markets like the Nasdaq experience instability, investors tend to flock to safety, reducing exposure to riskier assets like cryptocurrencies.Market Conditions: Despite the current downturn, the core fundamentals of crypto, including blockchain innovation, adoption, and long-term value, remain intact. The market is simply undergoing a temporary correction driven by external forces. $XRP
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