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What Data do cryptonian need to know on this week are below: ✍️MON: FED 1-YEAR CONSUMER INFLATION EXPECTATIONS (JUL) - PREV: 3.0% ✍️TUE: CORE PPI (MOM) (JUL) - PREV: 0.4%/ FORECAST: 0.2% ✍️WED: CORE CPI (YOY) (JUL) - PREV: 3.3%/ FORECAST: 3.2% ✍️THU: INITIAL JOBLESS CLAIMS - PREV: 233K/ FORECAST: 235K ☝️ Trading carefully with YOR. $BTC $ETH $BNB #CPI_DATA
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$BTC back to bull
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VanEck, an investment management company, says that if these things happen, it will increase the value of BTC to $ 2.9 million by 2050. These are just speculations if the world recognizes BTC. And take it as a means of exchanging services and goods. VanEck has predicted the value of BTC in 2050 in three cases: $ 2.9 million, $ 130,314 in case of market downturn and $ 52.4 million in BTC. According to VanEck, these prices would be incurred if BTC were used for 10% and 5% of domestic trade, 2.5% BTC and 85% BTC. With investors predicting that BTC will have a market cap of $ 61 billion and BTC's Layer 2 project will have a market cap of $ 7.6 billion, according to VanEck. . VanEck also mentioned the risk of not allowing BTC coins to go up in price, with issues related to the use of too much energy to dig BTC coins, BTC miners may not be interested after the BTC has to be mined because they are not very profitable. , And last but not least, every country in the world does not recognize BTC coins by banning them.$BTC #Bitcoin_Coneference_2024 #BinanceTurns7
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Don’t FOMO with CPI data, Germany just send another 3250 $BTC to exchange, 🇩🇪 now can sell BTC in higher price 👹 $BTC #CPI_BTC_Watch #BinanceTurns7 #MtGoxJulyRepayments #Write2Earn! #1st-Trader
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U.S. CPI: +3% YEAR-OVER-YEAR (EST. +3.1%) U.S. CORE CPI: +3.3% YEAR-OVER-YEAR (EST. +3.4%) $BTC $ETH $BNB #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7
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