📊 MARKET UPDATE:

✅️Bitcoin surges to $62K following Fed's 50bps rate cut. Where is $BTC heading from here?

✅️🇺🇸 Louisiana state government officially accepts 🥇 Bitcoin & crypto as a valid form of payment.

50% of Telegram tap-to-earn gamers are crypto noobs: Blum CEO

Telegram tapper games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.

🚨🚨🚨 BREAKING : The South Korean 🇰🇷 government has launched an investigation into the messaging app Telegram💰, accusing it of facilitating sexual crimes.

🥇 Bitcoin is currently holding well above $57,000, which is 0.38% Fib level.

Last time #Bitcoin jumped 15% from this Fib Level.

Now BTC holding this level, So the bounce is expected to $62,000 - $66,000.

📉 Over the past year, the top 10 memecoins have taken a hit, with an average price drop of 63.73% from their all-time highs, according to Lookonchain analysts.

Do you still have memecoins?

$DOGS will start reversal in between 0.001-0.0012$ and then it will hit 0.0018-0.003$ in next 45 days ✅

NEW: 🇺🇸 CNBC reports that almost half of all corporate money raised for the presidential election is from #Bitcoin and crypto

🚨🚨🚨 BREAKING: #𝕏 to be suspended immediately in Brazil 🇧🇷 : Supreme Court.

Crypto Market Today

Bitcoin trades near 59k.
ETH is over $2.5

Crypto market continue to struggle with li- quidity, despite improvements.

Top losers: FLOKI -18.5%, NOT -5.2%, SOL -3.6%.

💸#BTCUSDT

➡️On the 1-hour chart, we have a range where we made deviations both below and above, forming an ROI at the bottom.

✨ I expect a slight pullback down to the area of interest, followed by a move upwards toward the compression zone where a significant number of short liquidations have accumulated, with many expecting $50k.

🪙#Bitcoin dominance continues to rise, making it challenging for altcoins for now. HOWEVER, once Bitcoin reaches $64,000 and dominance starts to decline, we’ll likely see good growth in altcoins.

🔼Overall, everything looks quite positive, and no other scenarios seem likely at the moment, so we could see many altcoin pumps in September.

❓What will we see first for BTC?
$67,000 — 🔥
$55,000 — 🦄

⚫️Trading⚫️

🤑$DOGS = $0.0016🔼
Today, DOGS decided to rise, especially after showing its strength during yesterday's market correction. It held its price like a stablecoin 💪
Who’s on board the rocket? 🔥

⚡️ French authorities issued an arrest warrant for Nikolai Durov, co-founder of Telegram and brother of CEO Pavel Durov, back in March 2024.

The warrant, related to a broader investigation into Telegram’s alleged non-cooperation in a child abuse inquiry, came months before Pavel’s recent arrest in Paris

🔥 The next 3 months are going to be absolutely INSANE for crypto.

- Rate cuts are coming in 3 weeks.
- The US elections are just 71 days away.
- We could get a pro-#crypto president in November.
- CZ is coming back.
- FTX is expected to redistribute $16B in cash to crypto-native degens sometime in Q4.
- Rumors that China might unban crypto soon.
- Russia is turning pro-crypto with international crypto payments.

Keep Accumulating and Hold

#CryptoMarketMoves #BTC☀ #BullRunAhead $BTC

👀Coinglass reports that over $160,000,000 in long positions have been liquidated in just 60 minutes!

🗣️Many are now searching for the reasons behind the recent price drop. Yesterday, we discussed this situation on our channel. An American mining company that recently declared bankruptcy has today released 30,000 BTC for sale on the market. Previously, it had already sold another 10,000 BTC in smaller batches.

This is the unstable cryptocurrency market today vulnerable to manipulation and the influence of major players. There were no apparent fundamental reasons for the decline. A large player simply entered the market and dumped 40,000 BTC (at least, that’s the volume we managed to detec

💎There was a disruption in the TON network.

The TON team reported an issue with block generation on the network. Blocks were not being produced for over 6 hours due to significant load on the blockchain.

As of the time of writing, the developers have restored the network's operation.

The incident was explained by the fact that several validators failed to clear their databases of old transactions, which in turn led to a loss of consensus.

🔥 JUST IN : Telegram CEO Pavel Durov 📱 may be released as early as Wednesday, says French prosecutors, according to CoinDesk.

Crypto Market Today

Bitcoin trades near 63k.
ETH is over $2.6k.

Bitcoin ETF flows spike after Fed comments on rate cuts.

Top losers:
NOT -8.2%,
LINK -5.7%,
UNI -5.1%.

🤑 DOGS holding its price

After yesterday’s listing, the DOGS token price fluctuates between $0.0011–$0.0013.

Now we just need to wait for Pavel Durov to get out of the French prison, and I believe we can confidently expect a 2x-3x from the current price 🔼

💰 Solana is currently holding well above its 50-day EMA. After some consolidation It will break the $165 resistance level, you can expect a potential rally to somewhere between $190 and $240.

Hoping for a new all-time high for #Solana during next month's #BreakPoint event.

#SOLtember is coming..