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Oo Wai
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#Binanceseason
WODL 7 Letters today
“MEETUPS”
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Oo Wai
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#TrumpBTCBoomOrBust On Monday morning at 10 a.m., the leading crypto asset once again reached the $100K milestone. In their market update, QCP observed that the cryptocurrency market is devoid of immediate, industry-specific propellants. Political events, such as the inauguration of former President Donald Trump on Jan. 20, are not anticipated to sway the market imminently. This lack of stimuli directs focus towards macroeconomic elements. QCP highlighted the significance of forthcoming U.S. labor market statistics, especially the Nonfarm Payroll (NFP) report due on Jan. 10. The firm noted that additional metrics, including the Job Openings and Labor Turnover Survey (JOLTS) on Jan. 7 and the ADP employment report on Jan. 8, will mold expectations prior to the Friday disclosure. While bitcoin surpassing $100,000 garners attention, QCP advised that market players should maintain vigilance. Absent new vigor or triggers, the asset’s capacity to transcend this crucial point remains in doubt. QCP’s scrutiny illuminates the intricate dance between sector-specific dynamics and overarching economic signals, crucial in sculpting the cryptocurrency market’s path in the immediate future. As of Monday, BTC tapped an intraday high of $101,933 per unit and is now coasting along at $101,826.
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#ShareYourThoughtOnBTC Bitcoin, currently priced at $98,309, commands a market capitalization of $1.94 trillion with a 24-hour trading volume of $19.92 billion. It has fluctuated within an intraday range of $97,292 to $98,626, presenting a pivotal moment for its trajectory.
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I’m passed in beginner courses☺️
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6th Jan WOTD 8 letter “FAMILIAR”
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#BitcoinHashRateSurge To illustrate, 90,850.10 BTC in unspent coinbase rewards remain from 2009—a staggering $8.9 billion in untapped value. The 250 BTC spent in September originated from wallets established on Jan. 29, Jan. 30, Jan. 31 (two wallets), and Feb. 2, 2009, during bitcoin’s nascent stage. These transfers (1, 2, 3, 4, 5) from 2009 are exceptionally uncommon; the last occurrence involving 2009 UTXOs was on April 7 and 8, 2022.
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