We have seen everytime in the past. The more Tether prints, | LARVA on Binance Square

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We have seen everytime in the past. The more Tether prints, the higher #Bitcoin will go 
#BinanceLaunchpool #Nonfarm #Memecoins 

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Is USD Liquidity Boosting Bitcoin? There are talks of increasing USD liquidity in the new quarter, which is typically a positive sign for riskier assets like Bitcoin (#BTC). However, some analysts point out the current overhang of supply as a dampener on this potential rise. Here's the breakdown: USD Liquidity Uptick: Reports suggest an increase in USD liquidity, which can make it easier for investors to buy risk assets. Bullish for Bitcoin: Historically, increased USD liquidity has been linked to positive price movements in Bitcoin.Supply Overhang Hurdle: A current oversupply of Bitcoin might be limiting the immediate price impact of the liquidity increase. The Verdict (So Far): While the potential for increased USD liquidity is a positive indicator, it's important to acknowledge the ongoing supply pressure on Bitcoin. Call to Action: Do your own research (DYOR) and stay updated on confirmed news about USD liquidity. What are your thoughts on the potential impact of USD liquidity on Bitcoin? Share your insights in the comments! #Bitcoin #Cryptocurrency #MarketAnalysis #Binance

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#SOLUSDT Holding Strong, But Bullish Breakout Needed $SOL is showing some resilience compared to other altcoins, with support at $125 holding firm on the 1D chart. This is definitely a positive sign! But... let's hold off on the champagne showers just yet. A true bullish breakout requires reclaiming $155 as resistance. For now, it's a waiting game. # $SOL #Binance #CryptoDecision

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Bitcoin Network Sees Second Largest Difficulty Reduction of 2024 The Bitcoin mining difficulty took a dip this week! On July 4th (block height 850,752), difficulty dropped by 5%, marking the second-biggest reduction of the year. This follows a similar decrease of 5.62% in May (block height 842,688). Both these adjustments come after the recent Bitcoin halving at block height 840,000. Interestingly, despite hashprice lows, the hashrate remains strong at 582.33 exahash per second (EH/s). What does this mean? This difficulty reduction might make mining a little easier in the short term. However, it also reflects a potential decrease in overall mining activity. Stay tuned for further updates! #Bitcoin #Mining #Halving #Binance

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