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Sajjad Tahsin
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Sajjad Tahsin
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Reasons for the sudden market drop 7/1/2025: 1. A sudden rise in the US 10-year Treasury yield. 2. Unexpected strong US economic data, including: - Strong labor market statistics - ISM services index rose above expectations 3. Major liquidations in the cryptocurrency market: - About $480 million was liquidated - Bitcoin fell by 5% - Ethereum fell by 8% 4. Market leverage reduction: - More than $1 billion lost in open positions for Bitcoin and Ethereum 5. Change in investors' expectations about the Federal Reserve cutting interest rates in 2025 6. Bitcoin price drops below $98,000 7. Shares of cryptocurrency-related companies were negatively affected, such as: - MicroStrategy - Marathon Digital This drop was part of a broader market decline, as strong economic data changed investors' expectations and put pressure on riskier assets such as cryptocurrencies. #CryptoMarketDip $BTC $ETH
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#BinanceMegadropSolv If you stake 1 $BNB in locked products for megadrop for 120 days and also complete web3 task you will get 695 points in megadrop. Binance just announced a new megadrop after 7 months the last megadrop was lista coin and now it's Solv protocol, it's very much similar to Bouncebit Megadrop where we have to stake 0.0001 BTCB in solv we have to do the same and also stake bnb in locked products to get the points.
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#BitcoinHashRateSurge The seven day moving average of bitcoin's (BTC) hashrate has hit an all-time high of 703 exahashes per second (EH/s), the first time the network's hashrate has cracked 700 EH/s, according to Glassnode data. Hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, such as bitcoin. Bitcoin's hashrate has grown almost 13% since the halving event in April, when the total number of bitcoin produced per day was cut in half to 450 BTC
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CTXC COIN EXCEPTING PUMP🔥🔥🔥👇👇👇👇 #BinanceAlphaAlert $CTXC CTXC 0.3322 +19.71% --- 🚀 Cortex (CTXC) Price Action Update 🚀 CTXC has rebounded strongly from the key support zone around $0.25, which previously acted as a resistance level. This zone is now serving as a solid foundation for a potential upward trend. 📈 The chart shows a significant bounce, with a 15% gain on the day, currently trading at $0.2978. Volume is rising, indicating renewed interest in the asset. 🔍 Key levels to watch: Resistance: $0.40 - $0.60 Support: $0.25 zone A breakout above the highlighted resistance zones could lead to a continuation of the upward trend. Keep an eye on this one! What are your thoughts? Bullish or bearish? Let us know in the comments! --- #CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16 #BIOOpenonBinance
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