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_Genie_
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Bullish
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$Barsik is now trading on
#Gateio
& gains $1.3M in volume in just 5 minutes.
This is just one out of many to come.
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_Genie_
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Is The AI Agent Hype Over?
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๐ฐ๐ต๐น ๐ป๐ถ ๐ป๐ฏ๐ฌ ๐ณ๐ถ๐พ๐ฌ๐บ๐ป ๐น๐จ๐ป๐ฌ ๐๐ป The Indian Rupee has hit a record low against the US Dollar at 1 USD = INR 87.15. I thought only cryptocurrencies were this volatile.
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๐ฉ๐๐๐๐๐๐ ๐ฐ๐ ๐ซ๐๐๐๐๐๐ $๐บ๐ถ๐ณ ๐คฏ๐ป
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๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ ๐ป๐ผ ๐น๐ผ๐ป๐ด๐ฒ๐ฟ ๐ฎ ๐น๐ฒ๐ด๐ฎ๐น ๐๐ฒ๐ป๐ฑ๐ฒ๐ฟ ๐ถ๐ป ๐๐น ๐ฆ๐ฎ๐น๐๐ฎ๐ฑ๐ผ๐ฟ ๐จ๐จ ๐ธ๐ป #ElSalvador revoked Bitcoin's Legal Tender status amid IMF pressure. The International Monetary Fund (IMF) set a condition to 'reduce #bitcoin 's risk' in exchange for a crucial $1.4 billion loan to El Salvador. Bitcoin will no longer be regarded as "currency" in El Salvador; accepting #BTC as a payment will be voluntary and not mandatory.
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๐ช๐ต๐ ๐๐ ๐๐ต๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐น๐น๐ถ๐ป๐ด? ๐ - $BTC down - $ETH down - #AI Coins down - Altcoins bleeding Hereโs why: 1๏ธโฃ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ค๐๐ซ ๐๐๐ง๐ข๐ฉ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง โ Entities like #Wintermute are cycling assets between exchanges, inflating volume while suppressing price. 2๏ธโฃ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ข๐ฉ๐๐จ๐ฎ๐ญ โ High open interest = easy liquidation. โ Market makers push prices down to trigger stop-losses and #Liquidations , wiping out overleveraged traders. 3๏ธโฃ ๐๐ก๐จ๐ซ๐ญ ๐๐๐ฅ๐ฅ๐ข๐ง๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ โ As panic sets in, shorts pile up. โ Whales take advantage, profiting from the decline before buying back cheap. 4๏ธโฃ ๐๐๐๐ซ๐จ ๐๐ง๐๐๐ซ๐ญ๐๐ข๐ง๐ญ๐ฒ โ CPI data, interest rate fears, and liquidity shifts are shaking confidence. โ Weak hands are exiting. 5๏ธโฃ ๐๐๐ซ๐ซ๐๐ญ๐ข๐ฏ๐ ๐๐ฑ๐ก๐๐ฎ๐ฌ๐ญ๐ข๐จ๐ง โ AI coins, #MEMECOฤฐNS , and airdrop hype are cooling off. โ Without fresh liquidity, speculative assets are retracing hard. This is a cycle. Retail panics, whales buy cheap. Stay smart.
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