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Nooboo7
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I have 0.00042
$BTC
in my wallet 🤔 Should I buy $20 worth of
$BNB
next? 🤔
#Bitcoin
#bnb
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bitcoin reaches 100k 🚀🌕💰 $BTC
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#EOSProject Project is an open-source blockchain platform designed for scalable decentralized applications (dApps). It leverages Delegated Proof-of-Stake (DPoS) to process thousands of transactions per second with minimal energy use. Launched in 2018, EOS supports industries like gaming and finance, offering low-cost, high-performance solutions. The EOS Network Foundation(ENF) coordinates its development, fostering growth and innovation within its ecosystem.
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#BTCMove Bitcoin's price is currently around $94,304. Analysts have varying predictions for its future movement. Some suggest that if Bitcoin falls below the key support level of approximately $90,680, it could decline by 20% to around $73,000. Conversely, others anticipate a significant bull market, with potential increases to $225,000 by the end of 2025, driven by factors like increased institutional adoption and favorable regulatory changes. Given these differing perspectives, it's essential to stay informed and consider your own risk tolerance when evaluating Bitcoin's potential movements. $BTC
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$BTC Between January 1 and January 10, 2025, Bitcoin's price displayed significant volatility. Starting the year around $93,500, it fluctuated due to market sentiment and macroeconomic factors. Early optimism drove the price above $95,000, but stronger-than-expected economic data in the U.S. triggered concerns about prolonged Federal Reserve interest rate hikes. This led to increased Treasury yields, impacting risk assets like Bitcoin. Institutional investors showed caution, with notable outflows from Bitcoin ETFs during this period. The cryptocurrency tested support levels around $92,000 while struggling to maintain momentum above $95,000. Bearish patterns emerged, including a drop below the 50-day moving average, signaling weakening buying interest. Resistance levels remained around $100,000, highlighting a psychological barrier for further upward movement.
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#NFPCryptoImpact Non-Farm Payrolls (NFP) is a key economic indicator in the U.S. that measures job growth, excluding farming jobs. It significantly impacts cryptocurrencies, especially Bitcoin, as it reflects the strength of the U.S. economy. A strong NFP report often strengthens the U.S. dollar, leading to reduced demand for crypto, which is seen as an alternative asset. Conversely, weak NFP data can weaken the dollar and boost crypto investments. Data shows a direct link between NFP surprises (better or worse than expected) and Bitcoin's volatility. For example, a disappointing NFP report in mid-2023 coincided with a 5% Bitcoin price surge. Crypto traders watch NFP closely to anticipate market swings.
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