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📉 Market Update: Bitcoin and Tech Stocks Take a Hit #Bitcoin and tech stocks are feeling the pressure after stronger-than-expected U.S. GDP data. 📊 💡What to have in mind: Bitcoin Slips: Bitcoin BTC -2.19% continued its downturn, now trading at $63,800. Stock Market Reaction: The Nasdaq Composite dropped by 215.43 points (1.246%) and the S&P 500 fell by 21.93 points (0.4%) after the data release. Economic Growth: U.S. GDP grew by 2.8% in Q2 2024, surpassing forecasts of 2%. Inflation Eases: PCE inflation cooled from 3.4% to 2.6%, edging closer to the Fed’s 2% target. And the most important question: Are rate cuts on the Horizon?: With consumer spending expected to slow and business surveys indicating a weakening outlook, the likelihood of a September rate cut has risen to 85.7%, according to CME's FedWatch tool. Stay tuned for more updates as we navigate these volatile markets! 🌐💹 $BTC $ETH $SOL
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@xImHoveR brother! It was lovely to have you at $QUBIC ‘s Space! They way you respectfully ask things out of curiosity, it was refreshing.
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AI play. $PALM, I accumulate at the green box before. I'd do it again if possible. Meanwhile, I'll watch how it reacts on the recent price range. Recently released its Telegram Mini-App Assistant for PALM with $TON Connectivity. As always, do your own research @palmaierc 🙏
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$MYRO back in my buying price range. #memecoinonsolana
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If you like $KAS I think a great accumulation point is coming btw $16.4 and $17 price range. Look how that trendline has been respected from the begining of May this year. Without any major events affecting the price to the downside I think that purple trendline is a good entry for a DCA strategy. #Kaspa #CryptoInvestor
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