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๐ Bitcoin Dominance Update ๐ Bitcoin's market share has surged to 48.5% in the $1.1 trillion cryptocurrency market, a notable increase from 38% at the start of 2023. This signals a cautious sentiment among digital asset investors, who seem to favor larger cryptocurrencies. ๐๐ #Bitcoin #CryptoMarketUpdate
๐ฃ Breaking News: Bitcoin Surges Over 1.5% during Today's Trading, Reaching $28,000 Levels ๐๐
๐ Read the full story: #AssetWhiz
The price of Bitcoin witnessed a significant surge of over 1.5% during today's trading sessions, reaching a staggering $28,000. This upward movement was supported by the release of the US jobs report, which showed better-than-expected results. As a result, speculations are rising about a potential interest rate hike by the US Federal Reserve in the upcoming meeting.
Stay informed about the latest developments in the world of cryptocurrency and finance! Follow us for more insights and updates on #Bitcoin and global economic trends.
Don't miss out! Join us and be part of the discussion on the future of finance and the exciting world of Bitcoin. Follow us on binance to stay up-to-date with the latest news, trends, and analysis.
$BTC ๐ DappGambl, a leading industry analyst, has conducted a comprehensive study based on data from NFT Scan and CoinMarketCap. The analysis reveals a surprising finding: approximately 95% of non-fungible tokens (NFTs) examined have been deemed devoid of value when measured against Ethereum.
๐ฌ This groundbreaking study sheds light on the true worth of NFTs. Despite their popularity, it appears that the vast majority of these unique digital assets are lacking in intrinsic value. Considering their market capitalization, it is estimated that close to 23 million individuals currently possess these virtually valueless tokens.
๐ Stay informed and ahead of the latest developments in the ever-evolving world of cryptocurrencies and blockchain technology. Follow us for regular updates and in-depth insights into the crypto market.
Elon Muskโs X platform faces backlash over pro-XRP account suspension Crypto Eri, a prominent figure in the cryptocurrency community, contacted Elon Musk on X, seeking clarification about the account suspension. However, XRP has sustained a committed group of backers who remain optimistic about its future. Digital Asset Investor.XRP served as a space for XRP enthusiasts to exchange information and perspectives and participate in conversations about cryptocurrency. Although some individuals have defended Musk, suggesting that the suspension was a precautionary measure to prevent potential scammers, the absence of any response from X officials has given rise to speculation. In reply to a remark proposing that the suspensions were a measure to deter scammers, Crypto Eri remained steadfast in her belief that the accountโs suspension was unjust: โI have been doing my part to stick to the facts. Even when Iโm called the crypto police or part of the cancel culture. Thatโs not been fun. I have empathy because he built his whole channel around using the X platform,โ The dispute, which has garnered the attention of prominent industry advocates, such as pro-XRP attorney John Deaton, now revolves around whether the suspension is an isolated incident or signals a resurgence of censorship within the X community. Related:ย X's 'everything app' push continues as Elon Musk tests video game streaming Meanwhile, a recent report has disclosed anย ongoing SEC investigation into Musk.ย The inquiry focuses on whether Musk breached federal securities regulations concerning his stock acquisitions and subsequent statements and filingsย about the X acquisition.
๐ Global Economic Shift: BRICS nationsโChina, Brazil, and Saudi Arabiaโhave collectively divested $17.4 billion worth of US Treasuries in the past month. This move is a significant indicator of changing dynamics in the global financial landscape. ๐ฐ๐ As these emerging economies reallocate their reserves, it underscores the diversification of assets and the pursuit of alternative investment strategies. The implications for both global markets and geopolitics are profound. The BRICS alliance, once a symbol of economic growth, is now reshaping the global economic balance. Stay tuned for further insights into this fascinating development. #BRICS #EconomicShift #USDebt #GlobalFinance #InvestmentDiversification Feel free to customize this post to suit your social media platform of choice, and remember to include relevant hashtags to reach a broader audience interested in global finance and economic trends. Source : https://dailyhodl.com/2023/10/06/17400000000-in-us-treasuries-dumped-by-brics-nations-china-brazil-and-saudi-arabia-in-one-month/