The ongoing decline in the cryptocurrency market can be attributed to a combination of interrelated factors. Here's a structured analysis of the key reasons 1. **Macroeconomic Pressures**: - **Interest Rate Hikes**: Central banks, particularly the U.S. Federal Reserve, have raised interest rates to combat inflation. Higher rates make riskier assets like cryptocurrencies less attractive compared to safer investments (e.g., bonds). - **Inflation Concerns**: While crypto is sometimes view
Here is the current position of DXY and Bitcoin. *Bitcoin (BTC):* - *Price:* $67,021.3304 - *Previous Close:* $67,016.7560 - *Open:* $1,322.87 B - *Market Cap:* $24.49 B - *Volume:* $66,735.8774 - *Day Low:* $66,735.8774 - *Day High:* $67,363.0636
*US Dollar Index (DXY):* - *Price:* 105.09-104.88 - *Trend:* Slight downward trend - *Pattern:* Descending triangle pattern
$ENA yesterday was very shoked when see everything red on my selected list then start focusing on $ENA my last avrage buying price was 0.92 then realized that it's time to purchase more and set the limits for buying and when wakeup it's already done now my price of average buying is .61 and still I am going in profit hope for the best. learn one thing when ever you jump in anything then make it profitable for your self. thank you follow and hit like.
Reason Why I’m Not Giving Up On $ENA Coin ENA coin Aka Ethena Project Started On March 30, and coin released on April 2 The Launch Price For $ENA coin was around 0.60$ during this time period we all witnessed significant drop on market. Most coins had rough time Correct me if I’m wrong but I didn’t saw this coin value drop below 0.70$ even when whole market crashed. so my view is this coin has stronger potential , we can’t guarantee if this coin will reach 2$ but i’m positive this coin has some good future. If you wanna invest on this coin its your choice but remember this coin moves very slowly so as always patience is the key to success. ( This is my opinion about $ENA Project , Do not take this as a investment advice , DYOR)
#scamalart It's crucial to be cautious when day trading on any platform, including Binance. Scams can take various forms, from fraudulent schemes promising guaranteed returns to phishing attempts trying to steal login credentials. Always verify information, use strong security measures like two-factor authentication, and be wary of any offers that seem too good to be true. If you encounter suspicious activity, report it to Binance immediately.
#BTCHalvin think it will dump and his his current and upcoming support because of the current on going situation of crises as well Btc can't wait for next 4 year to make panic situation $BTC