$CELO has confirmed another breakout after taking suppor | Crypto STAR_2 on Binance Square

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Bullish

$CELO 
  has confirmed another breakout after taking support at 0.40$ with a huge volume surge. Looks like we'll cross 0.75$ way earlier than expected. $ARB 
  and $OP 
  are looking bullish too! Hope Bitcoin stays strong. 

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MARKET FELL SHARPLY AS FED DROPS KEY INDICATOR 📉 🔔 Known for its sensitivity to macroeconomic events, the crypto market recently saw volatility ahead of the release of key inflation data. The Commerce Department said Friday that the personal consumption expenditures price index increased 0.2% for the month and 2.5% from the same time a year ago, perfectly in line with the Dow Jones consensus estimate. Fed policymakers prefer to focus on the core reading as a stronger indicator of long-term trends. On the 12-month basis, both core and headline inflation remained unchanged from June. In recent days, policymakers such as Chair Jerome Powell have voiced optimism that inflation is returning to the Fed's 2% target. In the past week, the Fed Chair stated that "the time has come for policy to adjust," raising hopes for a rate cut at the central bank's next meeting. Powell, however, declined to disclose specifics about the timing and scope of the cut. 📊 CRYPTO MARKET REACTS The crypto market fell as investors anticipated the latest batch of inflation data. Several crypto assets are presently in the red. Bitcoin was down 2.97% in the last 24 hours; Ethereum, Shiba Inu, Solana and Chainlink were posting losses between 3% and 6%. FET, TAO, WIF and Floki were posting significant losses between 7% and 18%. Dow Jones reported that the Federal Reserve's favored inflation indicator grew 0.2% in July, matching economists' predictions. The PCE reading, a broad measure of what consumers pay for a variety of goods and services, could offer more guidance on the outlook for interest rates. In the days ahead, market participants will watch to see how the crypto market reacts to the recently released data. However, in the very short term, the crypto market faces selling pressure. #cpi #CPI_DATA #CryptoMarketMoves #CryptoMarketMoves

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Binance Teases New Staking Product: BNSOL for Solana Binance, one of the largest cryptocurrency exchanges, has hinted at a new product called “BNSOL,” sparking excitement within the crypto community. Though details are scarce, speculation suggests that BNSOL stands for Binance Staked SOL, potentially offering a new way for Solana ($SOL ) holders to stake their tokens directly on Binance. This new product could allow stakers to unlock liquidity while still earning rewards, which would be a game-changer for those looking to maintain flexibility with their investments. The introduction of BNSOL could have significant implications for the Solana network. With Binance’s massive influence and resources, their entry into Solana staking could boost liquidity and make staking more accessible to a broader audience. This move could further decentralize and secure the Solana ecosystem, attracting more investors and potentially driving growth in the network. As more details emerge, BNSOL might prove to be a pivotal development in the crypto world, particularly for Solana enthusiasts. #SahmRule #BlackRockETHOptions #PowellAtJacksonHole #BNBChainMemecoins

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If you have missed $DOGS Airdrop, don't worry and get ready to recieve following promising token Airdrops wich are are being listed in September 2024. $TOMATO /Tomarket_ai_bot/app?startapp=0000vcBw AIRDROP ON 2ND SEPTEMBER $CATS catsgang_bot/join?startapp=FsSdYCRT2Ld0NIBdRrbAd AIRDROP ON 10 SEPTEMBER $ONX onus_tap_tap_tap_bot/join?startapp=1726386491748 AIRDROP IN SEPTEMBER $HMSTR hamster_kombat_Bot/start?startapp=kentId1971675560 AIRDROP ON 26 SEPTEMBER Follow me for more Airdrops and Details #PowellAtJacksonHole #TelegramCEO

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🇺🇸 Warren Buffett just sold $981M shares of Bank of America and now holds $278 Billion in CASH. He should convert it into #Bitcoin 👀 #BlackRockETHOptions #SahmRule #LowestCPI2021 #CryptoMarketMoves

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