📰 What you need to know this Thursday, December 19
🐳 There have been 15 consecutive days of capital inflows into Bitcoin ETFs in the United States.
This positive cash flow into ETFs has sustained the price and the cryptocurrency industry.
🏦 The statements from Fed President Jerome Powell crashed the market.
Leading a large part of the major altcoins to drop between 5% and 10% in the last 24 hours, including major indices.
🇸🇻 El Salvador has softened its Bitcoin policy to secure a $1.4 billion loan from the IMF.
BTC will not be mandatory, and the government must begin to phase out the Chivo Wallet.
✨ The cryptocurrency cycle is entering phase 2, according to Cosmo Jiang, an analyst at Pantera Capital.
Now would be the time for altcoins to shine.
⚠️ In the last 24 hours, 265,137 traders were liquidated, and the total liquidations reached $786.23 million.
The largest individual liquidation order occurred on Binance - ETHUSDT worth $7.10M.
🌐 For more news and analysis, follow us on Telegram
https://t.me/StreetradersOficial
#KingBitcoin #ETF's #Altseason🐂
