Binance Square
SOFR_Spike
šŸ”„ Secured Overnight Financing Rate (SOFR) hits a six-year high, signalling tighter liquidity and market stress! Could this mean more Fed intervention? Let's discuss the ripple effects on the financial world. šŸ¦šŸ“Š
Hot
Latest
LIVE
LIVE
Binance News
--
Secured Overnight Financing Rate Hits Six-Year High, Indicating Liquidity TighteningAccording to BlockBeats, data from the Federal Reserve Bank of New York shows that the Secured Overnight Financing Rate (SOFR) rose to 5.4% on July 3rd, matching the six-year high set on January 2nd. This rate represents the cost of banks borrowing cash overnight using U.S. Treasury bonds as collateral. The increase indicates a tightening of liquidity and restrictions on overnight borrowing, a market dynamic last seen in September 2019. Following this, the Federal Reserve injected liquidity into the repo market, where institutions borrow and lend funds short-term using U.S. Treasury bonds as collateral.David Brickell, an executive at Toronto-based crypto platform FRNT Financial, stated that this situation is a short-term concern for the market. There may be some financing pressure after the end of the second quarter. However, this reminds us of the surge in repo financing rates we experienced in 2019. We are beginning to see the pressure of excessive government debt and Treasury bond issuance. Ultimately, the Federal Reserve will need to end quantitative tightening or balance sheet contraction and restart liquidity injections similar to quantitative easing. Without the Federal Reserve's liquidity, the financial system cannot digest this level of debt. Ultimately, the Federal Reserve will quickly return to balance sheet expansion mode, acting as the last provider of liquidity.

Secured Overnight Financing Rate Hits Six-Year High, Indicating Liquidity Tightening

According to BlockBeats, data from the Federal Reserve Bank of New York shows that the Secured Overnight Financing Rate (SOFR) rose to 5.4% on July 3rd, matching the six-year high set on January 2nd. This rate represents the cost of banks borrowing cash overnight using U.S. Treasury bonds as collateral. The increase indicates a tightening of liquidity and restrictions on overnight borrowing, a market dynamic last seen in September 2019. Following this, the Federal Reserve injected liquidity into the repo market, where institutions borrow and lend funds short-term using U.S. Treasury bonds as collateral.David Brickell, an executive at Toronto-based crypto platform FRNT Financial, stated that this situation is a short-term concern for the market. There may be some financing pressure after the end of the second quarter. However, this reminds us of the surge in repo financing rates we experienced in 2019. We are beginning to see the pressure of excessive government debt and Treasury bond issuance. Ultimately, the Federal Reserve will need to end quantitative tightening or balance sheet contraction and restart liquidity injections similar to quantitative easing. Without the Federal Reserve's liquidity, the financial system cannot digest this level of debt. Ultimately, the Federal Reserve will quickly return to balance sheet expansion mode, acting as the last provider of liquidity.
LIVE
--
Bullish
šŸšØ Jump in now, before itā€™s launched. šŸšØ ā€¼ļø Hurry! The launch date is expected in August. Praised by Pulo Durov. He is the guy who is interested in only serious projects. ā° This is the hint, Get in now. šŸ’« šŸŒ JOIN: šŸ‘‰ CuTt.ly/pefOs9LL #SOFR_Spike #US_Job_Market_Slowdown #VanEck_SOL_ETFS
šŸšØ Jump in now, before itā€™s launched. šŸšØ

ā€¼ļø Hurry! The launch date is expected in August.

Praised by Pulo Durov. He is the guy who is interested in only serious projects.

ā° This is the hint, Get in now. šŸ’«

šŸŒ JOIN: šŸ‘‰ CuTt.ly/pefOs9LL

#SOFR_Spike #US_Job_Market_Slowdown #VanEck_SOL_ETFS
LIVE
--
Bearish
### $PEPE Critical Updates ### PEPE is trading atĀ $0.0000089, downĀ 32%Ā from its recent high ofĀ $0.0000135. It has also touched a low ofĀ $0.0000076Ā recently, and the RSI atĀ 36Ā suggests it may be oversold. The next support level could be atĀ $0.00000087Ā if the downtrend persists. Despite the drop in price, there have been overĀ $40 millionĀ in liquidations, and significant purchases by large investors continue to be reported. The market is closely monitoring these developments for future price movements of PEPE. {spot}(PEPEUSDT) #pepeāš” #pepe #SOFR_Spike #US_Job_Market_Slowdown #not $BTC $NOT
### $PEPE Critical Updates ###
PEPE is trading atĀ $0.0000089, downĀ 32%Ā from its recent high ofĀ $0.0000135. It has also touched a low ofĀ $0.0000076Ā recently, and the RSI atĀ 36Ā suggests it may be oversold. The next support level could be atĀ $0.00000087Ā if the downtrend persists. Despite the drop in price, there have been overĀ $40 millionĀ in liquidations, and significant purchases by large investors continue to be reported. The market is closely monitoring these developments for future price movements of PEPE.


#pepeāš” #pepe #SOFR_Spike #US_Job_Market_Slowdown #not $BTC $NOT
LIVE
--
Bearish
$BTC šŸ’„šŸ’„Rejecting from the Last LowšŸ’„šŸ’„ This Is the Important Level! If we flip it till Daily close it will look as Hammer Candle! Hammer Candle Mean: "The hammer candlestick isĀ a bullish trading patternĀ that may indicate that a stock has reached its bottom and is positioned for trend reversal. " Overall For The Current Moment it look like Rejecting this Level! Weekend is almost Here! Probably the Low Volatility will be soon here! #BTCMoonšŸš€ #SOFR_Spike #US_Job_Market_Slowdown #MtGoxJulyRepayments
$BTC
šŸ’„šŸ’„Rejecting from the Last LowšŸ’„šŸ’„

This Is the Important Level!
If we flip it till Daily close it will look as Hammer Candle!

Hammer Candle Mean:
"The hammer candlestick isĀ a bullish trading patternĀ that may indicate that a stock has reached its bottom and is positioned for trend reversal. "

Overall For The Current Moment it look like Rejecting this Level!
Weekend is almost Here! Probably the Low Volatility will be soon here!
#BTCMoonšŸš€ #SOFR_Spike #US_Job_Market_Slowdown #MtGoxJulyRepayments
LIVE
BokataBB
--
Bearish
$BTC šŸ‘€šŸ‘€
There is Relief!

53000 Is a Point with a Big Tension!
Watching, I think this is front run of the Level For Now!
We Will make Range around this Level as Weekend is coming!
Expect range to be between these 2 levels!
#BTCMoonšŸš€ #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments

š‘©š‘»š‘Ŗ š‘©š’Šš’ˆš’ˆš’†š’”š’• š‘Ŗš’“š’‚š’”š’‰ š‘°š’” š’€š’†š’• š‘»š’ š‘Ŗš’š’Žš’†šŸšØĀ  This is what bears will always say, but remember that corrections are part of a crypto cycle. Ā  The same happened in 2017 and 2021, so don't panic and use this opportunity to accumulate. #Bitcoin #BTC #Altcoins #MtGox #MtGoxJulyRepayments #SOFR_Spike #CPIAlert #IntroToCopytrading
š‘©š‘»š‘Ŗ š‘©š’Šš’ˆš’ˆš’†š’”š’• š‘Ŗš’“š’‚š’”š’‰ š‘°š’” š’€š’†š’• š‘»š’ š‘Ŗš’š’Žš’†šŸšØĀ 

This is what bears will always say, but remember that corrections are part of a crypto cycle.
Ā 
The same happened in 2017 and 2021, so don't panic and use this opportunity to accumulate.

#Bitcoin #BTC #Altcoins #MtGox #MtGoxJulyRepayments #SOFR_Spike #CPIAlert #IntroToCopytrading
šŸšØ šŸšØ History is on our side! šŸš€ - In 2016, after Bitcoin's halving, there were 182 days of sideways movement. - In 2020, post-halving, Bitcoin saw 161 days of consolidation. - In 2024, it's been 76 days (and counting) of lateral action since the halving. Prepare for a breakout! šŸš€ September and October look promising for $BTC. Stay patient and confident! šŸ˜Ž #Write2Earn! #BinanceTurns7 #BinanceTournament #SOFR_Spike #US_Job_Market_Slowdown
šŸšØ šŸšØ History is on our side! šŸš€

- In 2016, after Bitcoin's halving, there were 182 days of sideways movement.

- In 2020, post-halving, Bitcoin saw 161 days of consolidation.

- In 2024, it's been 76 days (and counting) of lateral action since the halving.

Prepare for a breakout! šŸš€
September and October look promising for $BTC.
Stay patient and confident! šŸ˜Ž

#Write2Earn! #BinanceTurns7 #BinanceTournament #SOFR_Spike #US_Job_Market_Slowdown
Here's the prediction for $PEPE coin on July 6th, 2024 in a nutshell: Possible price recovery after a recent dip. Expect some ups and downs, price could be between $0.0000122 and $0.0000179. Be cautious, price might fall if more people sell. Bright side: More people are holding $PEPE this could be a good sign! #PEPE #BTC #US_Job_Market_Slowdown #SOFR_Spike #BinanceTurns7
Here's the prediction for $PEPE coin on July 6th, 2024 in a nutshell:

Possible price recovery after a recent dip.

Expect some ups and downs, price could be between $0.0000122 and $0.0000179.

Be cautious, price might fall if more people sell.

Bright side: More people are holding $PEPE this could be a good sign!

#PEPE #BTC #US_Job_Market_Slowdown #SOFR_Spike #BinanceTurns7
Crypto šŸŖ™ feels like a scam šŸ˜”. I've been trapped in the crypto market for nearly 8 months šŸ“…, and in all that time, I haven't been able to recover my money šŸ’ø. Every time I try to pull out my funds, the market crashes šŸ“‰, leaving newbies like me, with small investments, completely stuck šŸš«. It's like being on a roller coaster šŸŽ¢ that only seems to go down. The whales šŸ‹ keep swimming smoothly, while we, the little fish šŸŸ, get caught in the waves. Each attempt to swim back to safety ends in disappointment. The marketā€™s unpredictable tides šŸŒŠ make it feel impossible to get ahead. The promise of financial freedom and huge returns seems like a mirage šŸŒ… in a desert of uncertainty. Despite my best efforts, I remain caught in the crypto web šŸ•øļø, hoping for a turnaround that never seems to come. {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(BNBUSDT) $USDC $SOL $ETH #MtGoxJulyRepayments #BinanceTournament #IntroToCopytrading #SOFR_Spike #US_Job_Market_Slowdown
Crypto šŸŖ™ feels like a scam šŸ˜”. I've been trapped in the crypto market for nearly 8 months šŸ“…, and in all that time, I haven't been able to recover my money šŸ’ø. Every time I try to pull out my funds, the market crashes šŸ“‰, leaving newbies like me, with small investments, completely stuck šŸš«.

It's like being on a roller coaster šŸŽ¢ that only seems to go down. The whales šŸ‹ keep swimming smoothly, while we, the little fish šŸŸ, get caught in the waves. Each attempt to swim back to safety ends in disappointment. The marketā€™s unpredictable tides šŸŒŠ make it feel impossible to get ahead.

The promise of financial freedom and huge returns seems like a mirage šŸŒ… in a desert of uncertainty. Despite my best efforts, I remain caught in the crypto web šŸ•øļø, hoping for a turnaround that never seems to come.
$USDC $SOL $ETH #MtGoxJulyRepayments #BinanceTournament #IntroToCopytrading #SOFR_Spike #US_Job_Market_Slowdown
### $NOT Updates ### NOT is currently valued atĀ $0.010, having dropped toĀ $0.0090, marking a significant decline. Over the last week, the coin has decreased byĀ 36.6%. Resistance levels are identified atĀ $0.0118Ā andĀ $0.012, while the Relative Strength Index (RSI) ofĀ 30Ā suggests the asset may be oversold. After breaking through the support level ofĀ $0.0126, NOT hit a new low ofĀ $0.009. If the downtrend continues, the price might approachĀ $0.008Ā soon. From its peak, NOT has fallenĀ 69%. This downturn is part of a larger market trend that is impacting various cryptocurrencies. {future}(NOTUSDT) #not #pepe #btc50k #SOFR_Spike #US_Job_Market_Slowdown $BTC $PEPE
### $NOT Updates ###
NOT is currently valued atĀ $0.010, having dropped toĀ $0.0090, marking a significant decline. Over the last week, the coin has decreased byĀ 36.6%. Resistance levels are identified atĀ $0.0118Ā andĀ $0.012, while the Relative Strength Index (RSI) ofĀ 30Ā suggests the asset may be oversold. After breaking through the support level ofĀ $0.0126, NOT hit a new low ofĀ $0.009. If the downtrend continues, the price might approachĀ $0.008Ā soon. From its peak, NOT has fallenĀ 69%. This downturn is part of a larger market trend that is impacting various cryptocurrencies.


#not #pepe #btc50k #SOFR_Spike #US_Job_Market_Slowdown $BTC $PEPE
LIVE
--
Bullish
LIVE
SD TRADER
--
Bullish
$PEPE USDT LONG POSITON šŸ’µ

BUY ENTRY LIMIT šŸ˜Š
0.007700$ - 0.008000$

TAKE PROFITS šŸ¤‘
0.008300$
0.008500$
0.008800$
0.009200$
0.009600$
0.010000$+++šŸš€šŸš€

STOPLOSS 0.007000 šŸ§§

#BinanceTournament #Megadrop #IntroToCopytrading #SOLUSDT! #solonapumping

šŸ“ŒURGENT CRYPTO MARKET WARNINGšŸ™„ā€¼ļø Yesterday, I sounded the alarm on a potential market crash, despite some skeptics dismissing my concerns. Today, those same critics are eerily silent as altcoins plummet, with some facing potential losses of up to 90%! While I may not be a seasoned pro, my research and conviction have yielded significant gains. Instead of criticizing, take a hard look at your own portfolios. Those who heeded my warning yesterday protected their capital. Let's navigate these turbulent times together, hoping for a swift return to a bullish market. {spot}(BTCUSDT) Thank you for your support. Have a great day, and may God bless! #SOFR_Spike #VanEck_SOL_ETFS #US_Job_Market_Slowdown #Write2Earn!
šŸ“ŒURGENT CRYPTO MARKET WARNINGšŸ™„ā€¼ļø

Yesterday, I sounded the alarm on a potential market crash, despite some skeptics dismissing my concerns. Today, those same critics are eerily silent as altcoins plummet, with some facing potential losses of up to 90%!

While I may not be a seasoned pro, my research and conviction have yielded significant gains. Instead of criticizing, take a hard look at your own portfolios. Those who heeded my warning yesterday protected their capital.

Let's navigate these turbulent times together, hoping for a swift return to a bullish market.

Thank you for your support. Have a great day, and may God bless!

#SOFR_Spike #VanEck_SOL_ETFS #US_Job_Market_Slowdown #Write2Earn!
LIVE
--
Bullish
šŸšØā€¼ļø Breaking News Alert! Robert Kiyosaki, the renowned investor and author of "Rich Dad Poor Dad," recently issued a grave warning on July 3 about an impending crash. He predicts this could be the "biggest crash in history," affecting stocks, real estate, commodities, and cryptocurrencies like Bitcoin ($BTC). Kiyosaki's concern stems from his belief that the current financial system is fragile and could face a major collapse. Drawing parallels to historical crises like hyperinflation in the Weimar Republic and Zimbabwe, he underscores the instability of fiat currencies. Despite his somber outlook, Kiyosaki remains bullish on alternative assets. He advocates for investments in Bitcoin, gold, and silver, predicting substantial gains for patient investors amid market turbulence. Kiyosaki's forecasts are bold, suggesting Bitcoin could soar to $11 million per coin, gold to $14,670 per ounce, and silver to $114 per ounce. In the evolving financial landscape, Kiyosaki emphasizes the potential for these assets to appreciate significantly. Currently, #Bitcoin is priced at $55,077, gold at $2,255, and silver around $28. His insights provide a thought-provoking perspective on navigating future economic uncertainties with alternative assets. Follow for more updates and info. Like and share . $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) $SOL {spot}(SOLUSDT) #BinanceTurns7 #Write2Earn! #newsdaily #SOFR_Spike #BinanceTournament
šŸšØā€¼ļø Breaking News Alert!

Robert Kiyosaki, the renowned investor and author of "Rich Dad Poor Dad," recently issued a grave warning on July 3 about an impending crash. He predicts this could be the "biggest crash in history," affecting stocks, real estate, commodities, and cryptocurrencies like Bitcoin ($BTC ).

Kiyosaki's concern stems from his belief that the current financial system is fragile and could face a major collapse. Drawing parallels to historical crises like hyperinflation in the Weimar Republic and Zimbabwe, he underscores the instability of fiat currencies.

Despite his somber outlook, Kiyosaki remains bullish on alternative assets. He advocates for investments in Bitcoin, gold, and silver, predicting substantial gains for patient investors amid market turbulence. Kiyosaki's forecasts are bold, suggesting Bitcoin could soar to $11 million per coin, gold to $14,670 per ounce, and silver to $114 per ounce.

In the evolving financial landscape, Kiyosaki emphasizes the potential for these assets to appreciate significantly. Currently, #Bitcoin is priced at $55,077, gold at $2,255, and silver around $28. His insights provide a thought-provoking perspective on navigating future economic uncertainties with alternative assets.

Follow for more updates and info. Like and share .
$BTC
$BNB
$SOL
#BinanceTurns7 #Write2Earn! #newsdaily #SOFR_Spike #BinanceTournament
šŸ”“šŸ”“Ā $FET UpdatesĀ šŸ”“šŸ”“ {future}(FETUSDT) FET has been relatively stable in its performance, with many investors remaining cautious about joining the rally due to the current bearish market. However, the recent merger has sparked discussions that the price may see a significant increase soon. The current support level for FET is atĀ $1.05, and it faces resistance atĀ $1.30. Market watchers are keeping a close eye on these levels for any potential shifts in price dynamics. #fet #asi #altcoins #SOFR_Spike #US_Job_Market_Slowdown
šŸ”“šŸ”“Ā $FET UpdatesĀ šŸ”“šŸ”“
FET has been relatively stable in its performance, with many investors remaining cautious about joining the rally due to the current bearish market. However, the recent merger has sparked discussions that the price may see a significant increase soon. The current support level for FET is atĀ $1.05, and it faces resistance atĀ $1.30. Market watchers are keeping a close eye on these levels for any potential shifts in price dynamics.
#fet #asi #altcoins #SOFR_Spike #US_Job_Market_Slowdown
We should understand that with #MtGox , it's all just beginning šŸ‘€ ā¬†ļø Here's the proportion of what they have already distributed compared to what they still need to distribute.ā¬†ļø But there's a notion that sometimes the anticipation is much scarier than the event itself. Perhaps the payouts themselves won't impact the market as much as the #fud associated with them. šŸ¤” #SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading
We should understand that with #MtGox , it's all just beginning šŸ‘€

ā¬†ļø Here's the proportion of what they have already distributed compared to what they still need to distribute.ā¬†ļø

But there's a notion that sometimes the anticipation is much scarier than the event itself. Perhaps the payouts themselves won't impact the market as much as the #fud associated with them. šŸ¤”
#SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading
āš ļø $NOT Critical updates āš ļø The cryptocurrency market is experiencing a significant downturn, and NOT is among the assets affected. The price of NOT has dropped from a high of $0.014 to $0.009, adding an extra zero to its price. This represents a substantial decline of over 35%. Unfortunately, many traders have liquidated their positions, contributing to the sharp price drop. The current market conditions are challenging, and it's essential to stay informed and adapt to the changing landscape. #SOFR_Spike #not #pepe #VanEck_SOL_ETFS #btc $PEPE
āš ļø $NOT Critical updates āš ļø
The cryptocurrency market is experiencing a significant downturn, and NOT is among the assets affected. The price of NOT has dropped from a high of $0.014 to $0.009, adding an extra zero to its price. This represents a substantial decline of over 35%. Unfortunately, many traders have liquidated their positions, contributing to the sharp price drop. The current market conditions are challenging, and it's essential to stay informed and adapt to the changing landscape.
#SOFR_Spike #not #pepe #VanEck_SOL_ETFS #btc $PEPE
$DOGE $PEPE $SHIB The meme coin market is experiencing a downturn, with major coins likeĀ Dogecoin (DOGE),Ā Pepe Coin (PEPE), andĀ Shiba Inu (SHIB)Ā seeing significant declines. Hereā€™s a brief overview: DOGEĀ has fallen below key support levels, currently hovering around $0.09.Ā If the support at this level holds, it could signal a period of consolidation or a potential reversal1. PEPEĀ is exhibiting a head and shoulder pattern, with potential to fluctuate between $0.000009 and $0.0000049.Ā A break below could lead to a drop to $0.00000181. SHIBĀ has broken several support levels and is now testing the $0.0000141 mark.Ā A successful break below could result in a further decline of approximately 16% to $0.0000116 #doge #pepe #shib #SOFR_Spike #BinanceTurns7
$DOGE $PEPE $SHIB
The meme coin market is experiencing a downturn, with major coins likeĀ Dogecoin (DOGE),Ā Pepe Coin (PEPE), andĀ Shiba Inu (SHIB)Ā seeing significant declines.
Hereā€™s a brief overview:
DOGEĀ has fallen below key support levels, currently hovering around $0.09.Ā If the support at this level holds, it could signal a period of consolidation or a potential reversal1.
PEPEĀ is exhibiting a head and shoulder pattern, with potential to fluctuate between $0.000009 and $0.0000049.Ā A break below could lead to a drop to $0.00000181.
SHIBĀ has broken several support levels and is now testing the $0.0000141 mark.Ā A successful break below could result in a further decline of approximately 16% to $0.0000116
#doge #pepe #shib #SOFR_Spike #BinanceTurns7
### $SOL Updates ### Solana ($SOL) is currently exhibiting mixed behavior after a decline earlier in the day. The price of $SOL on Binance isĀ $126.22, reflecting aĀ 6.88%Ā decrease. Over the past 24 hours, $SOL has seen highs ofĀ $135.98Ā and lows ofĀ $121.00. The trading volume stands atĀ 7.05 million SOLĀ andĀ $911.97 million USDT. Short-term trading signals are hinting at potential short positions near the current price levels. Conversely, long-term indicators are suggesting possible long positions around theĀ $121.00Ā mark, with an aim to target the recent high nearĀ $135.98. {future}(SOLUSDT) #sol #btc #eth #US_Job_Market_Slowdown #SOFR_Spike
### $SOL Updates ###
Solana ($SOL ) is currently exhibiting mixed behavior after a decline earlier in the day. The price of $SOL on Binance isĀ $126.22, reflecting aĀ 6.88%Ā decrease. Over the past 24 hours, $SOL has seen highs ofĀ $135.98Ā and lows ofĀ $121.00. The trading volume stands atĀ 7.05 million SOLĀ andĀ $911.97 million USDT.
Short-term trading signals are hinting at potential short positions near the current price levels. Conversely, long-term indicators are suggesting possible long positions around theĀ $121.00Ā mark, with an aim to target the recent high nearĀ $135.98.


#sol #btc #eth #US_Job_Market_Slowdown #SOFR_Spike
Explore the lastest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number