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⭕ BREAKING: Yescoin's CEO: Zoroo has been arrested by the Shanghai Police over dispute with business Partner. 🙆 ➖Yescoin Founder, Zoroo, has been allegedly arrested by the Shanghai police over misunderstanding with business partner, OldWang. ➖Yescoin team stated it is a case of business agreement-turn-criminal case. #MarketPullback #CryptoMarketWatch
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Bitcoin Plunges Back to $86K, Erasing Nearly All Gains from the Previous Day Bitcoin experienced a sudden pullback to $86,000, wiping out nearly all of its gains from the previous day. This price fluctuation followed reports about a new U.S. initiative on cryptocurrency reserves, which includes Bitcoin and other major digital assets. After surging past $94,000, Bitcoin swiftly retraced, marking extreme volatility within the past 48 hours. Data from CryptoQuant highlighted significant activity among cryptocurrency exchanges, revealing key insights into market movements. The inflow and outflow of Bitcoin across exchanges have played a crucial role in shaping market sentiment and price trends. On February 25, approximately 8,400 BTC were deposited into exchanges, increasing selling pressure and triggering a subsequent price drop. However, the following day saw a reversal, with a substantial outflow of Bitcoin signaling a shift toward long-term holding strategies. This shift helped stabilize Bitcoin’s price and contributed to its recovery in early March.#BTC☀
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NFP REPORTS #NFP
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NFP News Daily digest market movers: US Dollar down after an additional round of soft labor data, ECB. The latest Challenger Job Cuts report for February revealed a sharp rise in layoffs, more than doubling compared to January. Continuing Jobless Claims climbed to nearly 1.90 million, signaling challenges in the employment market despite Initial Jobless Claims dropping to 221,000. The European Central Bank lowered its deposit rate by 25 basis points to 2.50 percent, aligning with market forecasts and keeping policy on a steady path. The ECB raised its inflation outlook for 2025, fueling concerns that persistent price pressures could complicate future policy decisions. Christine Lagarde emphasized the importance of a data-driven approach, stressing that the ECB must remain flexible in an increasingly volatile economic environment. Regarding Fed expectations, the CME FedWatch Tool now shows a growing probability of a Federal Reserve rate cut in June, with expectations surpassing 85 percent. Don’t forget to follow for more information $BTC #NFP
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Nejnovější zprávy
Bitcoin Traders Brace for Tuesday Volatility Amid Recent Market Trends
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CoinDesk 20 Index Experiences Decline Amid Market Fluctuations
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Bitcoin and Cryptocurrency Stocks Experience Decline
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Market Sentiment Turns Bearish Amid Key Price Levels
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Bitcoin Price Movements Could Trigger Significant Liquidations on Major Exchanges
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