‏⁧Bitcoin ⁩ exceeds Taiwanese dollar and becomes the world's | Derar-Hadri on Binance Square

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‏⁧Bitcoin ⁩ exceeds Taiwanese dollar and becomes the world's 12th currency ! 💎�
See Bitcoin Soon in the Top 10 ؟ 🤔�
#BTC☀  

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Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet Dogecoin (DOGE) surged 5% to multi-year highs after Elon Musk hinted at potential payments service on his social app X. Musk's interest in integrating payments into his platforms has fueled speculation that DOGE could be involved, leading to a significant price increase for the meme cryptocurrency. $DOGE

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The chart reflects Bitcoin realized profits segmented by the age of holdings, highlighting a significant surge in realized profits from recent holders (6 months to 1 year) compared to long-term investors. Key insights: 1. New investors (6 months - 1 year): Realized profits amounted to $12.6 billion, indicating active selling and profit-taking during recent price surges. 2. Medium-term investors (1-2 years): Realized profits reached $7.2 billion, showing that some are capitalizing on the current market rally. 3. Long-term investors (3-5+ years): Realized profits are relatively lower (between $4.8 and $6.3 billion), reflecting their tendency to hold onto their positions without significant selling. Analysis: • High selling activity: Recording $2 billion in daily profits suggests strong activity by traders and new investors seeking to lock in their gains quickly. • Stability among long-term investors: Despite substantial profit opportunities, this group prefers holding their assets, showing confidence in Bitcoin’s long-term growth. Key Question: • Is this a sign of an upcoming correction? Large-scale profit-taking could lead to a temporary correction, especially if selling pressure increases. • Or is it merely liquidity redistribution? It might represent a shift in liquidity between new and seasoned investors, with Bitcoin continuing to attract strong interest as a leading investment. Conclusion: While this activity might cause short-term price fluctuations, the steadfastness of long-term investors signals significant confidence in Bitcoin’s future potential. $BTC

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The incredible momentum of $THE /TRY has shocked the market, with the price surging from a low of 5.828 to an astounding high of 144,998 within just 24 hours. This represents an unprecedented 2289% increase, highlighting massive trading activity with over 72.10 million $THE traded. The explosive rise showcases remarkable market strength and interest. Currently, the price is stabilizing around 138.378, suggesting a potential consolidation phase before another possible breakout. Traders and investors are closely monitoring the charts, as $THE continues to defy expectations and set new benchmarks in the market. This performance could mark one of the most memorable runs in recent trading history. Chart Analysis: The chart shows a significant bullish trend, with the price making successive higher highs and higher lows. The 15-minute candlesticks demonstrate strong buying pressure, as indicated by the volume spikes. The Moving Averages (MA) show upward momentum, with the short-term MA(7) above the MA(25), confirming a bullish trend. However, a slight pullback from the peak at 144,998 suggests the market may need time to consolidate before making another move.

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The chart illustrates the recent performance of XRP against BNB, showing that XRP is currently valued at 0.002332 BNB. This represents a 1.7% increase in the past hour and a significant 6.3% rise compared to its value 24 hours ago. Over the past week, XRP’s value has surged by an impressive 26.4%, highlighting strong market momentum. In the last 24 hours, the total trading volume of XRP has been 13,551,858.4597 BNB, reflecting high activity and demand for the token. Such an increase in both price and trading volume could indicate growing investor confidence and interest in XRP, possibly fueled by positive market sentiment or fundamental developments surrounding the token. The consistent upward trend suggests a favorable outlook for XRP in the short term. $BNB $XRP

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The chart predicts Bitcoin’s price reaching $132,000 by 2025, driven by a projected 18% increase in the global M2 money supply. The M2 supply represents a measure of global money liquidity, including cash, checking deposits, and easily convertible near money. This anticipated surge is attributed to expected liquidity injections by central banks, especially the Federal Reserve, in response to economic pressures. Historically, Bitcoin’s price has shown a correlation with the global M2 supply due to its role as a hedge against fiat currency devaluation. As more money is printed or injected into the economy, the purchasing power of traditional currencies decreases, increasing demand for Bitcoin as a scarce digital asset. This projection aligns with Bitcoin’s historical growth patterns during periods of rising global liquidity, emphasizing its potential as a store of value in the long term. #MarketBuyOrHold? $BTC

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