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A quick market update For you Guys!
I noticed there was a significant increase in long liquidations at the 70-71k zone last night. The altcoin flush was harsh, but it’s part of the game. Small-time corrections generally serve as a shakeout for leverage holders. We lost a decent amount of money in our trades last night. Therefore, I expect BTC to clear the 70.4k zone. Funding rates should remain neutral. If they increase to a positive level and the price fails to break through, we might see lower levels.
We’ve had three weeks of positive inflows from BTC ETFs, which is a great sign. For now, the DXY needs to cool down. It's hard to predict the market on weekends, but for the short term, I think we’re in a good position. BTC needs to recover before Wednesday. Last night’s events were liquidation games from exchanges. As I always say, don’t over-leverage and over-risk any trade. It hurts to see any of you get liquidated. Please learn proper position sizing: that's fundamental.
Cod Box : RRIH6gCd.
Cod Box : HHB12N20
$BTC $ETH $BNB #Crypltovalut #neziriink
I noticed there was a significant increase in long liquidations at the 70-71k zone last night. The altcoin flush was harsh, but it’s part of the game. Small-time corrections generally serve as a shakeout for leverage holders. We lost a decent amount of money in our trades last night. Therefore, I expect BTC to clear the 70.4k zone. Funding rates should remain neutral. If they increase to a positive level and the price fails to break through, we might see lower levels.
We’ve had three weeks of positive inflows from BTC ETFs, which is a great sign. For now, the DXY needs to cool down. It's hard to predict the market on weekends, but for the short term, I think we’re in a good position. BTC needs to recover before Wednesday. Last night’s events were liquidation games from exchanges. As I always say, don’t over-leverage and over-risk any trade. It hurts to see any of you get liquidated. Please learn proper position sizing: that's fundamental.
Cod Box : RRIH6gCd.
Cod Box : HHB12N20
$BTC $ETH $BNB #Crypltovalut #neziriink
😱 Bitcoin Spot ETFs Experience $140M Record Outflow Amid Week Long Decline! 📉 Could US PMI data Save Bitcoin? 🤔
👉 On June 20, Bitcoin spot ETFs faced a $140 million outflow, marking their fifth consecutive day of losses.
🤯 Grayscale’s GBTC saw a $53.1 million decline in a single day. Conversely, BlackRock’s IBIT ETF gained $1.48 million, with total inflows reaching $14.67 billion.
🤔 This disparity highlights investors’ varied strategies and market volatility. The ongoing outflows suggest deeper concerns beyond price trends.
👀 Investors are now watching U.S. PMI data for signs of a potential Federal Reserve rate cut, which could significantly impact ETF performance.
👉 On June 20, Bitcoin spot ETFs faced a $140 million outflow, marking their fifth consecutive day of losses.
🤯 Grayscale’s GBTC saw a $53.1 million decline in a single day. Conversely, BlackRock’s IBIT ETF gained $1.48 million, with total inflows reaching $14.67 billion.
🤔 This disparity highlights investors’ varied strategies and market volatility. The ongoing outflows suggest deeper concerns beyond price trends.
👀 Investors are now watching U.S. PMI data for signs of a potential Federal Reserve rate cut, which could significantly impact ETF performance.
🔥BREAKING: SAUDI ARABIA ENDS 80-YEAR PETRODOLLAR DEAL WITH U.S.🔥
- Saudi Arabia ends 80-year petrodollar deal with the US
- Deal allowed Saudi oil sales in US dollars only
- Saudi can now use other currencies like RMB, Euros, etc
💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic dominance.
🔍 Background:
The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countries.
🔄 Shift in Policy:
By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transactions.
🌐 Broader Implications:
This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from gold.
🔗 Project mBridge:
Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger technology.
💭 Conclusion:
Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move could reshape the landscape of global economic influence.
👇 What are your thoughts on Saudi Arabia ditching the Dollar?
How awesome would it be if Saudi would accept #Bitcoin ?
$BTC $BNB $EUR #NeziriINK
- Saudi Arabia ends 80-year petrodollar deal with the US
- Deal allowed Saudi oil sales in US dollars only
- Saudi can now use other currencies like RMB, Euros, etc
💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic dominance.
🔍 Background:
The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countries.
🔄 Shift in Policy:
By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transactions.
🌐 Broader Implications:
This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from gold.
🔗 Project mBridge:
Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger technology.
💭 Conclusion:
Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move could reshape the landscape of global economic influence.
👇 What are your thoughts on Saudi Arabia ditching the Dollar?
How awesome would it be if Saudi would accept #Bitcoin ?
$BTC $BNB $EUR #NeziriINK
Best decision ever made...!!!
75%
wrong decision ...!!!
25%
4 stemmer • Afstemning afsluttet
LIST OF 10 ALT COINS
I am Sharing Best ALT Coins For Holding. These Coins For New Fresh Investers. I Share With Entry and Exit Targets Of Every coin.
1- Audio
Buy : 0.14 to 0.17
Sale : 0.23 to 0.58
2- GMT
Buy : 0.15 to 0.18
Sale : 0.28 to 0.58
3- Reef
Buy : 0.0016 to 0.0018
Sale : 0.0025 to 0.0050
4- DOT
Buy : 4.50 to 6.50
Sale : 9.50 to 16
5- Matic
Buy : 0.50 to 0.65
Sale : 0.90 to 1.30
6- OGN
Buy : 0.10 to 0.13
Sale : 0.18 to 0.28
7- BOME
Buy : 0.0080 to 0.010
Sale : 0.015 to 0.025
8- LUNA
Buy : 0.48 to 0.58
Sale : 0.85 to 1.50
9- APE
Buy : 1 to 1.15
Sale : 1.50 to 2.50
10- HIFI
Buy : 0.60 to 0.70
Sale : 0.90 to 1.50
Follow For Updates.
Telegram : @CryptoWorldunity
Share. like and Commenr 🍀🍀
I am Sharing Best ALT Coins For Holding. These Coins For New Fresh Investers. I Share With Entry and Exit Targets Of Every coin.
1- Audio
Buy : 0.14 to 0.17
Sale : 0.23 to 0.58
2- GMT
Buy : 0.15 to 0.18
Sale : 0.28 to 0.58
3- Reef
Buy : 0.0016 to 0.0018
Sale : 0.0025 to 0.0050
4- DOT
Buy : 4.50 to 6.50
Sale : 9.50 to 16
5- Matic
Buy : 0.50 to 0.65
Sale : 0.90 to 1.30
6- OGN
Buy : 0.10 to 0.13
Sale : 0.18 to 0.28
7- BOME
Buy : 0.0080 to 0.010
Sale : 0.015 to 0.025
8- LUNA
Buy : 0.48 to 0.58
Sale : 0.85 to 1.50
9- APE
Buy : 1 to 1.15
Sale : 1.50 to 2.50
10- HIFI
Buy : 0.60 to 0.70
Sale : 0.90 to 1.50
Follow For Updates.
Telegram : @CryptoWorldunity
Share. like and Commenr 🍀🍀
Binance Market Update (2024-06-10)
The global cryptocurrency market cap now stands at $2.64T, up by 4.27% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $69,250 and $69,857 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,288, down by -0.10%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AUDIO, ROSE, and OM, up by 15%, 12%, and 11%, respectively.
Top stories of the day:
BNB Chain Announces Haber Hard Fork for BSC Mainnet – Scheduled for June 20
BNB Chain Updates Its High-Risk DApp Red Alarm Project List
10x Research: Stablecoins Slowdown Preventing Bitcoin from Reaching New All-Time Highs
QCP Capital: Payrolls-Induced Bitcoin and Ether Dip Seen as 'Buy the Dip' Opportunity
US Employment Data Impacts Bitcoin and Ethereum Prices
Digital Asset Investment Products See $2bn Inflows in Early June Amid Rate Cut Expectations
Federal Reserve Likely to Maintain Interest Rates, Impact on Crypto Market Expected
Bitcoin Market Value Surpasses Combined Value of Top Three Global Banks
Moody's Evaluates Downgrades for Six US Regional Banks Due to High Exposure to CRE Loans
Retail Investors Account for Record 18% of Options Trading
Market movers:
ETH: $3663.46 (-0.71%)
BNB: $642.5 (-5.79%)
SOL: $158.87 (-0.38%)
XRP: $0.4945 (+0.00%)
DOGE: $0.14454 (-1.12%)
ADA: $0.4403 (+0.05%)
SHIB: $0.00002311 (-0.30%)
AVAX: $32.49 (-0.06%)
WBTC: $69271.3 (-0.06%)
TRX: $0.11615 (+0.40%)
Top gainers on Binance:
AUDIO/USDT (+15%)
ROSE/USDT (+12%)
OM/USDT (+11%)
The global cryptocurrency market cap now stands at $2.64T, up by 4.27% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $69,250 and $69,857 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,288, down by -0.10%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AUDIO, ROSE, and OM, up by 15%, 12%, and 11%, respectively.
Top stories of the day:
BNB Chain Announces Haber Hard Fork for BSC Mainnet – Scheduled for June 20
BNB Chain Updates Its High-Risk DApp Red Alarm Project List
10x Research: Stablecoins Slowdown Preventing Bitcoin from Reaching New All-Time Highs
QCP Capital: Payrolls-Induced Bitcoin and Ether Dip Seen as 'Buy the Dip' Opportunity
US Employment Data Impacts Bitcoin and Ethereum Prices
Digital Asset Investment Products See $2bn Inflows in Early June Amid Rate Cut Expectations
Federal Reserve Likely to Maintain Interest Rates, Impact on Crypto Market Expected
Bitcoin Market Value Surpasses Combined Value of Top Three Global Banks
Moody's Evaluates Downgrades for Six US Regional Banks Due to High Exposure to CRE Loans
Retail Investors Account for Record 18% of Options Trading
Market movers:
ETH: $3663.46 (-0.71%)
BNB: $642.5 (-5.79%)
SOL: $158.87 (-0.38%)
XRP: $0.4945 (+0.00%)
DOGE: $0.14454 (-1.12%)
ADA: $0.4403 (+0.05%)
SHIB: $0.00002311 (-0.30%)
AVAX: $32.49 (-0.06%)
WBTC: $69271.3 (-0.06%)
TRX: $0.11615 (+0.40%)
Top gainers on Binance:
AUDIO/USDT (+15%)
ROSE/USDT (+12%)
OM/USDT (+11%)
🚀 BIG NEWS!
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🌟 #Binance is launching the #MEGAAIRDROP LAUNCHPOOL! 🌟🎁 Get ready to earn FREE tokens from the hottest new projects! 💰💥 Don't miss out on this HUGE opportunity to boost your crypto portfolio! 📈🔔 Follow us for all the latest updates and join the airdrop now! 🚀#Binance #AirdropLaunchpool
�
🌟 #Binance is launching the #MEGAAIRDROP LAUNCHPOOL! 🌟🎁 Get ready to earn FREE tokens from the hottest new projects! 💰💥 Don't miss out on this HUGE opportunity to boost your crypto portfolio! 📈🔔 Follow us for all the latest updates and join the airdrop now! 🚀#Binance #AirdropLaunchpool
