$OP Op/usdt (Swing)-Spot Cmp 3.1 oder niedriger Tp 4$ 4,3 | Henry Insights auf Binance Square

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$OP 
Op/usdt (Swing)-Spot
Cmp 3.1 oder niedriger
Tp
4$
4,3 $
5$
Sl: 4h knapp unterhalb der roten Linie
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4677246013#Krypto#Kryptowährung

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OP

1,331

-1.48%

1k

0

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Why is Bitcoin Down? 3 Key Reasons! Bitcoin's price has dropped today, mainly due to economic concerns and the anticipation of upcoming U.S. jobs data. As of September 4, BTC has fallen by 3.3%, trading around $55,600, its lowest in a month. This decline mirrors broader sell-offs in risk assets like the S&P 500, driven by increasing fears of a recession. 1. Recession Fears Impact Bitcoin and Stocks The drop comes as traders brace for key U.S. jobs data, which is expected to show a slowing labor market. Other indicators, like weakening manufacturing activity, are fueling concerns about economic growth rather than inflation. As the jobs market cools, investor anxiety rises, leading to significant outflows from Bitcoin ETFs—$287.80 million in daily outflows, marking the longest streak since June. 2. Caution in the Bitcoin Futures Market Open interest (OI) in Bitcoin futures has dropped from $37.5 billion in July to $30 billion as of September 4, signaling waning confidence among traders. Additionally, funding rates have fallen, indicating less demand for leveraged long positions as traders reduce risk ahead of key economic reports. 3. Technical Breakdown Underway From a technical standpoint, Bitcoin is breaking down from a "rising wedge" pattern, which often points to further declines. If the trend persists, BTC could drop to around $54,000 in the short term. However, a bounce from the $56,300 support level could see prices climb to $59,000, invalidating the bearish outlook. In conclusion, Bitcoin's recent price movement reflects broader market caution tied to the U.S. economic outlook and uncertainty surrounding the Federal Reserve's next steps, creating a volatile environment for crypto traders. #BTC☀ #TelegramCEO #SahmRule #writetoearn #hamidarmy

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$DOGS Token Breaks Records with 40 Billion Coins Distributed! In a remarkable move, $DOGS has distributed an incredible 40 billion tokens within just 48 hours, leading to an 8% price surge, bringing it to $0.001088 and boosting its market cap to $563 million. With a 23% spike in trading volume and 2.5 million users benefiting from the airdrop, excitement around $DOGS is high. Despite some delays with TON wallets, the token’s momentum is strong. Still 34% below its all-time high, there’s potential for further growth. As adoption and trading continue to increase, $DOGS could be on the verge of a major breakout. Investors are watching closely—this may be the beginning of a significant rally. Stay tuned for what comes next! #DOGSONBINANCE #TelegramCEO

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Breaking News: Elon Musk Drops $25 Billion Bombshell on Ripple Labs In a surprising turn of events,

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$DOGS is gaining momentum with a recent 9% surge, and analysts are predicting a potential rally that could push it towards $2. Key factors driving this include: - A breakout from a falling wedge pattern, indicating a possible major move. - Rising open interest, showing increased investor enthusiasm. - Currently 32% below its all-time high, leaving room for substantial growth as it recovers. If this momentum continues, $DOGS could be on track to challenge new highs. Keep an eye on it—$2 could be within reach soon. #DOGSONBINANCE #BNBChainMemecoins #TON #CryptoMarketMoves

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Bitcoin dropped below $55k today, and a few significant events might be influencing its value. First, Ripple's co-founder Chris Larsen endorsed Kamala Harris for president, along with other corporate leaders. Ripple's close ties with traditional banks raise concerns about centralization, which could be seen as a negative by those who value decentralization in crypto. Second, Telegram founder Pavel Durov made his first public statement after being arrested in France. He emphasized free speech and hinted that Telegram might leave jurisdictions that conflict with its values. Finally, Kamala Harris' campaign began accepting crypto donations via the Future Forward Super PAC, using Coinbase Commerce to facilitate contributions. This shows the growing role of crypto in politics, but it also highlights potential tensions between decentralization ideals and political influences. These events underscore how deeply blockchain is becoming entangled with global politics. This intersection of values—freedom, decentralization, and political involvement—may indeed be unsettling for some investors, potentially contributing to Bitcoin's recent drop. #DOGSONBINANCE #BNBChainMemecoins #BTC☀ #BinanceBlockchainWeek

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