Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day | Crypto Insights Hubb on Binance Square

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Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report.

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+3.14%

165

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Top 10 Bitcoin Holders is getting interesting 1) Satoshi Nakamoto 1.1m 2) binance 550133 3) BlackRock 347767 4) Grayscale 263801 5) MicroStrategy 226500 6) bitfinex 221315 7) US Government 213246 8) Chinese Government 190000 9) Fidelity 176626 10) B1 (Block One) 164000 #SaylorStrategy its an arms race. #holders

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US Government Dumps Bitcoin After Trump's Strategic Reserve Promise In a surprising turn of events, the U.S. government is selling off its Bitcoin holdings following Trump's announcement of a Bitcoin strategic reserve plan. Trump supporters are now questioning if this move is a deliberate attempt to undermine his campaign promise. Key Points: Trump's Campaign Promise: Creation of a Bitcoin strategic reserve to support the crypto market if re-elected. US Government Holdings: $2 billion in Bitcoin from seizures, now being sold off. Market Reaction: The sell-off is raising suspicions among Trump supporters about potential political motives. Do you think the government's Bitcc y sell-off is politically motivated? Share your thoughts, like, and comment! #bitcoinnewsupdate

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The Crypto market is currently very unstable and gives many of us headaches. Unexpected significant downtrends all over are at the order of the day. Be very weary when making decisions. It feels like the Crypto market is getting ready for yet another major dump, I honestly hope I'm wrong. Some bullet points to consider during this time of extreme uncertainty, -Resist the urge to sell your coins/tokens impulsively. Instead, focus on your long- term strategy and consider the underlying fundamentals of your investments. It might even be a good idea to start buying the significant dips, given that it's strong and proven coins/tokens. Spot trading o. for now will maybe be a good idea, especially if you're in Crypto less than 3The Crypto market is currently very unstable and gives many of us headaches. Unexpected significant downtrends all over are at the order of the day. Be very weary when making decisions. It feels like the Crypto market is getting ready for yet another major dump, I honestly hope I'm wrong. Some bullet points to consider during this time of extreme uncertainty, -Resist the urge to sell your coins/tokens impulsively. Instead, focus on your long- term strategy and consider the underlying fundamentals of your investments. It might even be a good idea to start buying the significant dips, given that it's strong and proven coins/tokens. Spot trading o. for now will maybe be a good idea, especially if you're in Crypto less than 3 years -Review your portfolio and identify any coins/tokens that have become longterm losers. It might be wise to rebalance your portfolio by selling these underperforming coins/tokens and reallocating funds to stronger performers. -Make informed decisions about your investments during market downturns. Stay focused on your long term strategy, assess and monitor your portfolio regularly. This is not financial advise, just some pointers. #Write2Earn! #CryptoNewss

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The US government just sold 30 thousand bitcoins. This is after Trump announced that the US will keep them as a strategic reserve. #BTC #TrumpCryptoSupport

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