Market is Going Down

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The price of Bitcoin was $60,000, and the price of Pepe coin was $0.00000451. Bitcoin's price rose to $65,000, while Pepe coin's price increased to $0.00000590.
To calculate the ratio of Pepe to Bitcoin, we can use the following formula:
1. Calculate the difference in prices:
- For Bitcoin: $65,000 - $60,000 = $5,000
- For Pepe coin: $0.00000590 - $0.00000451 = $0.00000139
2. Calculate the percentage increase:
- For Bitcoin: \(\left( \frac{5000}{60000} \right) \times 100 \% = 8.33\% \)
- For Pepe coin: \(\left( \frac{0.00000139}{0.00000451} \right) \times 100 \% = 30.82\% \)
So, Bitcoin's price increased by 8.33%, and Pepe coin's price increased by 30.82% compared to the previous Bitcoin price.
To calculate the price of Pepe coin in relation to the price of Bitcoin if Bitcoin reaches $100,000, we can use the previously calculated percentage increase:
1. Calculate the price difference for Bitcoin:
- $100,000 - $60,000 = $40,000
2. Calculate the price difference for the Pepe coin:
- Based on the previously calculated percentage increase, we can calculate the relative increase of Pepe relative to the new Bitcoin price:
\[ \text{Pepe price percentage increase} = 30.82\% \times $100,000 = $30,820 \]
Add the relative increase to Pepe's previous price:
\[ \text{New Pepe Price} = $0.00000451 + $0.00030820 = $0.00031271 \]
So, if the price of Bitcoin rises to $100,000, the price of Pepe is expected to be around $0.00031271 based on the previous data$PEPE #bitcoinhalving #BTC #PepeToRunTheBull $BTC

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