Is $USTC will recover his value ? Which was crashed out? An | Ownalyst on Binance Square

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Is $USTC  will recover his value ?Which was crashed out?
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BITCOIN PRICE AND THE PSYCHOLOGICAL LEAP: THE JOURNEY FROM $100K TO $1M Let’s take a moment and admire the humble yet powerful $100K milestone. For months, everyone’s been eyeing it like the golden prize on the horizon. Bitcoiners, with their eyes set on this threshold, have been nudging the price forward like ants moving crumbs. $60K? Almost there. $80K? Getting closer. But $100K? That’s the big one. It’s not just a number; it's a psychological barrier. Crossing it is not just about market value; it’s about transformation.

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What is Solana (SOL)? Solana is an open-source project that utilizes blockchain technology’s decentralized nature to provide DeFi solutions that majorly focus on speed and low cost. Though the initial work on the project started in 2017, the crypto community finally got a glimpse of Solana when the Solana Foundation officially launched it in March 2020. The Solana protocol is designed in such a way that it enables the creation of a decentralized app also known as DApp via deploying smart contracts onto its blockchain. Solana aims to improve scalability by presenting a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. As of today (2 March 2022), the SOL crypto price is $104.69 with an ATH of $260.06 achieved on 6 November 2021. Because of its speed and low-cost model, it is possible to verify payments sent on the Solana chain within seconds and costs an average of $0.00025. This also functions as the USP for Solana, as most of the issues surrounding crypto involve transaction fees and speed. Solana’s innovative hybrid consensus model makes it possible for both small-time traders and institutional traders to enjoy the platform equally. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

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Bitcoin Price Drops Amid Global Recession Fears and AI Market Instability Bitcoin has recently seen a significant drop in price due to growing global economic challenges, fears of a potential AI bubble, and escalating geopolitical tensions. As the world grapples with a potential recession, investors are moving away from riskier assets like bitcoin and toward safer options like government bonds and cash. This shift highlights how external factors outside the crypto space increasingly influence Bitcoin’s price movement.

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