📊 Cryptocurrency Market Overview
Wednesday, April 10, 2024
So, the inflation data turned out worse than expected 😟. The S&P 500 has fallen by just over 1% 📉, the yield on 10-year bonds is now above 4.5% 📈, and the dollar index is attempting to rise above 105 💵.
🚀 In the crypto market, Bitcoin dropped to $67.5k, then rebounded to $68.4k - $68.5k, where it currently stands. We see a return to the range where the price of the leading cryptocurrency has been since the end of February. In other words, nothing special. All plans are still in effect . Even among the altcoins, there’s no significant sell-off yet, although many of them remain undervalued.
APT and BCH have fallen more than the market over the last 24 hours 😢. ENA, CKB, Pendle have risen.
On an interesting note,
💰 Kickboxer Andrew Tate, who has been in the crypto scene for a while, reported that he was recently offered $21 million for a penthouse bought 2 years ago for $16 million. He intends to accept the offer and invest the proceeds in Bitcoin. 🧠 Andrew understands the market and the economy in general correctly. That’s why he operates with such amounts and assets. 🚀 When he turns $21 million into 2x-3x (which will be hard not to achieve in the next year to year and a half), his opportunities will increase even more.
🧐 A person who uses their brain and puts in the effort gets a worthy result. And will get more. Just like Taylor from MicroStrategy. And many less known people who timely used their brains for its intended purpose.
People are not equal in their abilities and moral and volitional qualities. Hence, the results they achieve in any field will differ significantly. Should one now think it's too late, and all is lost? Of course not. Opportunities arise every day. It's enough to see, hear, and utilize them.