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QasimCh
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The lower $
TRB
goes, the more opportunities it will have to go up.
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TRB
48.41
-7.02%
757
0
Replies
2
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A long candle will form due to fluctuations. Keep your liquidation price at a distance. $BTC $ETH
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Whales have sold their $TRUMP positions at a high price and are now reinvesting in Ethereum $ETH This could be interpreted as a vote of confidence in Ethereum's potential for future growth.
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The cryptocurrency market has experienced a sharp downturn, with major players such as LINK, LTC, PNUT, SUI, BIO, HBAR, and TRX seeing significant losses. For instance, LTC has plummeted by 9.40%, reflecting the broader market sentiment. PNUT and BIO have been hit hardest, dropping by 11.23% and 15.96%, respectively. The widespread decline can be attributed to macroeconomic factors and increased investor caution. A primary reason for the market crash is the surge in U.S. Treasury yields, which have reached multi-year highs. This shift has led investors to favor traditional financial instruments over high-risk assets like cryptocurrencies. Furthermore, the Federal Reserve's commitment to maintaining higher interest rates to curb inflation has fueled a risk-off sentiment, exacerbating the decline in crypto valuations. Robust employment numbers and stronger-than-expected economic data have strengthened the dollar, increasing the likelihood of prolonged monetary tightening. This macroeconomic environment has created a ripple effect, impacting cryptocurrencies like SUI and HBAR as investors move to safer assets. The declines highlight the interconnectedness of traditional markets and crypto, where external economic pressures significantly influence price action. The sharp sell-off across the market underscores the speculative nature of cryptocurrencies. Even coins like LINK and TRX have not been immune to the volatility triggered by these macroeconomic shifts. The broader downturn reflects how cryptocurrencies remain highly sensitive to global financial and economic conditions, signaling the need for cautious and well-managed trading strategies during turbulent times.
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$TRB soon 100$. Btc dominance decreases, good sign for Alt
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Don't miss $TRB .
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