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The global cryptocurrency market cap now stands at $2.35T, up by 4.63% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $62,954 and $65,450 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,617, down by -1.52%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYS, SAGA, and ID, up by 26%, 15%, and 13%, respectively.
Bitcoin (BTC) has been trading between $62,954 and $65,450 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,617, down by -1.52%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYS, SAGA, and ID, up by 26%, 15%, and 13%, respectively.
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Whale Alert: Massive BTC Transfers Trigger Market Slide ๐๐
Recent reports from Lookonchain reveal significant Bitcoin movements on Binance, sparking attention across the market. In the past 24 hours alone, a whale transferred a whopping 1,723 BTC (about $106 million) to Binance. Just 45 minutes ago, 1,023 BTC was deposited, contributing to a 3% drop in Bitcoin's price, now trading at $60,801โa 1.3% decline over the week.
The impact of these transfers underscores the influence of large individual transactions on market dynamics, prompting vigilance among investors.
Stay tuned for more crypto insights! ๐
Disclaimer: Cryptocurrency markets can be volatile. Always conduct thorough research before making investment decisions.
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