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BREAKING NEWS ⚡⚡ Bitcoin Holds The $61K Mark Despite Gloomy US PPI Data 💪 The Bitcoin price traded above the $61,000 mark, following the release of the much anticipated U.S. Producer Price Index data. All eyes now shift to the upcoming US CPI data. The U.S. PPI Soars 2.2% Meanwhile, the latest data showed that the U.S. PPI for April soared 0.5%, more than what the market was expecting. Stay tuned for more interesting updates . #Crypto_Angel #CPI

BREAKING NEWS ⚡⚡

Bitcoin Holds The $61K Mark Despite Gloomy US PPI Data 💪

The Bitcoin price traded above the $61,000 mark, following the release of the much anticipated U.S. Producer Price Index data. All eyes now shift to the upcoming US CPI data. The U.S. PPI Soars 2.2%

Meanwhile, the latest data showed that the U.S. PPI for April soared 0.5%, more than what the market was expecting.

Stay tuned for more interesting updates .

#Crypto_Angel #CPI

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WHY IS WORLD COIN ($WLD) PRICE DROPPING MUCH ? Worldcoin (WLD) Price Tanks 10% Amid Strong Whale Deposits To an exchange The Worldcoin price comes under pressure as whale deposits $3.3 million worth of WLD to #Binance . Market analysts weigh whether WLD price can surge back in coming days. Worldcoin whale deposited $3.3 million worth of WLD to Binance creating selling pressure. Market analysts have turned skeptical of holding WLD as the project activity drops. Despite challenges, Worldcoin continues expanding ID verification services globally. WLD, the native cryptocurrency of Sam Altman’s iris-scanning project Worldcoin, has tanked by 10% in the last 24 hours slipping all the way to $5.24. Also, the daily trading volume for WLD has surged by 80% to $644 million. The Worldcoin (WLD) price has been under selling pressure with a 14% drop over the past week. Worldcoin Whale Deposits: On-chain data shows that the Worldcoin (WLD) whales have been moving their coins to the exchanges with the possible intent of selling and are not willing to hold longer. According to insights from on-chain data provider LookonChain, a significant move was observed involving the cryptocurrency $WLD, totaling 624,479 tokens valued at $3.33 million. Reportedly, a whale who had amassed this amount over the past month opted to deposit it into Binance after realizing an approximate loss of $50,000. The whale had acquired the 624,479 $WLD tokens, valued at $3.38 million, from Binance over the course of the past month, with an average acquisition price of $5.42 As we know, Worldcoin has been unlocking new coins in the market to increase distribution and usage. Of course, this increased WLD supply creates selling pressure on the cryptocurrency. On the other hand, some market players are warning that Worldcoin has been moving away from its goal of universal basic income. $WLD is currently trading at $5.17 per coin as at the time of writing. Is this the best time to buy WLD dip or wait for CPI result tomorrow ? Always DYOR and invest wisely . #Crypto_Angel
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BITCOIN CROSSES $62k, ETHEREUM & ALTCOINS MIRROR SENTIMENTS The crypto prices today recovered from the recent losses with bitcoin surging past $62,000 while Ethereum and other altcoins followed with significant gains. WHY CRYPTO MARKET SOARING Bitcoin recovered from recent dips and sustained the $62,000 level. ethereum also recorded an uptick and surpassed $2,900. solana inched closer to the $150 mark. The top crypto prices today witnessed a rebound as the bitcoin (btc) price extended above the $62,000 mark. moreover, the ethereum (eth) gained notably and sustained the $2,900 level. 1. Bitcoin: The bitcoin price soared 2.57%, reaching $62,487.50 at the time of writing on tuesday, may 14. on the other hand, it’s trading volume spiked 65.26% to $27.70 billion in the last 24 hours. whilst, the crypto’s market capitalization stood at $1.23 trillion. 2. Ethereum: The ethereum price gained 1.88% to $2,941.82 at press time with a market valuation of $353.40 billion. whilst, eth saw its trading volume jumped 53.71%, reaching $12.23 billion. 3. Solana: the solana price approached the $150 level amid the rebound frenzy today. the solana price rallied 6.39%, settling at $148.59. in contrast, sol witnessed a 69.38% hike in trade volume to $2.23 billion in the last 24 hours. 4. XRP : whilst, the xrp price managed to attain the $0.50 mark again. the xrp price recorded a gain of 2.99%, reaching $0.5069. on the other hand, xrp’s trading volume shot up by 39.31% to $849.93 million.Meanwhile, the Cardano crypto price was up 2.42% to $0.4372 today. Whilst, ADA recorded a massive surge of 78.38% in its 24-hour trading volume, settling at $360.23 million. 6. Dogecoin & Shiba Inu : The Dogecoin price rallied 9.83% to $0.1508 while its rival, Shiba Inu price soared 8.31% and traded at $0.0000236. References : °Coinmarketcap °CoinGape Remember, the market awaits the release of U.S. inflation data: Producer Price Index (PPI) on Tuesday, & Consumer Price Index (CPI) on Wednesday. #crypto_Angel #Binance
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