The Fed cuts interest rates again! Big news on Saturday hits the market (11.30)! 1. The Fed cuts interest rates again! The Fed's hope of cutting interest rates in December seems a little uncertain, but it is still there. The latest data shows that the core PCE price index rose 2.8% year-on-year in October, the strongest since April this year. However, now is the time for interest rate policy to shift gears, and there are voices of interest rate hikes again. You must understand that the Fed's interest rate cut is not a good thing. This is determined by the multi-party game within the United States. After all, whether it is cut or not has a great impact. The United States attracts global funds to flow into U.S. stocks by raising interest rates. For cryptocurrencies, this is the second time this year that it has benefited from the loose environment outside. In this context, everyone is looking forward to a lot more trading volume. Come on, I hope this is not an unattainable dream.
On December 25, 2627, cryptocurrencies such as Bitcoin and Dogecoin experienced a sharp decline, resulting in hundreds of thousands of liquidations within a single day. For example, on November 11, Coinglass data showed that over 220,000 people were liquidated in the past day, with a liquidation amount nearing $700 million. On November 12, over 160,000 people were liquidated, with a total liquidation amount of $581 million. From the evening of November 25 to the early morning of November 26, after a surge in Bitcoin prices, there was a significant drop, with Dogecoin falling over 9%. In less than 24 hours, over 170,000 people were liquidated, with a total liquidation amount of $547 million.
The main reasons for this situation in the cryptocurrency market are as follows. First, changes in market expectations, such as the impact of the U.S. election results. Before Trump's election, the market expected friendly policies that would boost cryptocurrency prices, but when those expectations changed or were not met, the market adjusted. Second, the impact of the macroeconomic environment, with unclear monetary policy from the Federal Reserve and a risk of inflation rebound, leading investors to frequently adjust their fund allocations between virtual assets and traditional safe-haven assets, resulting in capital withdrawal from the cryptocurrency market and price declines. Third, market characteristic factors, where the high leverage and contract trading mechanisms in the cryptocurrency market amplify market volatility, leading to increased liquidations of long positions during market corrections, further intensifying selling pressure. #BTC #DOGE
Cryptocurrency plunges late at night: Risk warning sounds
Late at night on November 26, the cryptocurrency market suddenly fell sharply, with the price of Dogecoin (DOGE) falling to 0.39 cents and Bitcoin (BTC) also plummeting to $94,000. This sharp price plunge caused many investors to liquidate their positions, and the market fell into chaos and panic.
The cryptocurrency market is known for its high volatility, but the plunge still caught many people off guard. Dogecoin once attracted a large number of investors due to its popularity and topicality on social media, and its price once rose sharply. However, in the absence of intrinsic value support and effective supervision, once market sentiment changes, prices plummet like a runaway horse. As the "leader" of cryptocurrency, Bitcoin has not been spared. The price of US$94,000 has shrunk significantly from its previous high, and the wealth of countless investors has evaporated instantly.
There are countless people who have liquidated their positions in the market. They either increased leverage and speculated excessively, or failed to stop losses in time, and became victims in this storm. This tragedy of liquidation is a warning to all market participants: Cryptocurrency is by no means an investment tool that guarantees profit without loss. Its price trend is affected by many factors such as technical aspects, market sentiment, macroeconomic policies, etc., and is complex and difficult to predict. Investors must remain calm and rational, control positions and risks, and not let greed blind them to avoid falling into similar investment abyss. In a field full of opportunities and challenges, cryptocurrency, only by proceeding cautiously can we survive and develop in the stormy waters. Follow me, guys!
The Pain of Dogecoin's Plunge: Market Turmoil on November 24
At 8:25 PM on November 24, the cryptocurrency market underwent a dramatic change, with Dogecoin (DOGE) price dropping significantly again, falling back by 0.4 cents. This seemingly minor price drop, however, stirred up a storm in the market, leaving many investors in distress and triggering frequent liquidation events.
Since its inception, Dogecoin has attracted attention due to its unique community culture and high market popularity. Its price trend resembles a roller coaster, sometimes soaring to astonishing heights, and other times plunging into the abyss. However, this recent drop caught many investors off guard. Under the amplifying effect of leveraged trading, even slight price fluctuations can lead to significant gains or losses. When the price of Dogecoin fell back by 0.4 cents, those who held large positions with high leverage in Dogecoin contracts saw their account assets quickly shrink. Unable to meet margin requirements, trading platforms were forced to liquidate positions, causing these investors' holdings to vanish instantly, and the hard-earned funds to go to waste, potentially even incurring substantial debts.
On major cryptocurrency trading platforms, liquidation data was continuously refreshed. Many investors who were initially optimistic about Dogecoin, hoping to gain from this wave of cryptocurrency frenzy, were caught off guard by this sudden plunge. The market was filled with anxiety and helplessness, as investors watched their wealth evaporate before their eyes, powerless to intervene.
The reasons behind this plunge in Dogecoin's price are complex. On one hand, the entire cryptocurrency market has recently been undergoing severe adjustments, with the prices of mainstream cryptocurrencies like Bitcoin fluctuating frequently, contributing to overall market instability. As one of the more representative meme coins, Dogecoin naturally could not remain unaffected. On the other hand, the shift in market sentiment had a significant impact on Dogecoin. The substantial rise in Dogecoin's price earlier had accumulated a large number of profit-taking positions; when the market sentiment shifted slightly, these profit-taking positions surged out, creating strong selling pressure, which subsequently led to a rapid drop in price.
The liquidation events triggered by the recent drop in Dogecoin's price have sounded an alarm for investors. The cryptocurrency market is inherently filled with uncertainty and high risks, especially with the involvement of leveraged trading, which amplifies these risks exponentially. #DOGE
Thousands of people liquidated overnight due to DOGE!! Dogecoin (DOGE) once again became the focus. At 2 AM on November 24th, DOGE went through a thrilling price journey, allowing many investors to experience a rollercoaster of emotions from anxiety to a slight sense of relief. In the late night, the price of DOGE suddenly dipped to 0.41 cents. This sharp drop was like a storm, sweeping across the entire market, causing many leveraged traders to be unable to bear the massive price drop and consequently liquidate. The market was instantly filled with tension and despair, as investors watched helplessly in the dark as their assets significantly shrank.
DOGE Dogecoin saw tens of thousands liquidated overnight!! Dogecoin (DOGE) has once again become the focus. At 2 AM on November 24, DOGE experienced a thrilling price journey, allowing many investors to feel a rollercoaster of emotions from anxiety to a slight sense of relief.
Late at night, the DOGE price suddenly dropped to 0.41 cents. This sharp decline was like a storm, sweeping through the entire market, with many leveraged traders unable to withstand the drastic price drop, leading to widespread liquidations. The market was instantly filled with tension and despair, as investors helplessly watched their assets significantly shrink in the dark.
However, just after dawn, the market seemed to welcome a glimmer of hope. The DOGE price began to rebound to 0.43 cents. Although this small rebound could not completely make up for last night's losses, it seemed to bring a little hope for recovery to the injured market. For those struggling on the brink of liquidation, this might be a rare breathing opportunity; for those who steadfastly hold out for a rebound, this price movement also somewhat boosted their confidence.
The reasons behind the recent price fluctuations of Dogecoin are complex. The uncertainty of the macroeconomic environment, the ups and downs of the overall cryptocurrency market sentiment, and the large group of retail investors easily influenced by market rumors and short-term trends may all have played a role. Whether it is the technical analysts focusing on chart patterns and key support and resistance levels, or the fundamental analysts discussing the actual application value of the project versus market expectations, it is difficult to fully explain the phenomenon of this late-night plunge and morning recovery.
But this is the charm and risk of the cryptocurrency market. It is filled with uncertainty, and every price fluctuation is like a test, challenging investors' risk tolerance, decision-making wisdom, and market insight. In this price fluctuation of DOGE, we saw the brutality of the market, but we also saw the dawn of hope. Investors constantly learn and grow in this process, trying to find their own direction in this ever-changing cryptocurrency wave, while the future price direction of Dogecoin still awaits further revelation in the market's thick fog.
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Trump nominates Scott Bessent as Secretary of the Treasury 🫓 Prices soar, cryptocurrencies soar!
On November 22, local time, the elected President Trump nominated Scott Bessent to be the Secretary of the Treasury of the United States.
Scott Bessent, 62, is the founder of the hedge fund Key Square Group and has publicly supported Trump since last year, becoming one of Trump's top economic advisors. Bessent was born in South Carolina and has built connections with some of the world's wealthiest investors and most influential policymakers over the years.
Bessent worked for George Soros twice, in the 1990s and 2010s. From 1991 to 2015, Bessent served Soros for over twenty years, including as Chief Investment Officer of Soros Capital Management from 2011 to 2015. During his career, he has notable achievements, including successfully shorting the pound in 1992 and the yen in 2013. In 2015, Bessent left Soros to start his own hedge fund, Key Square Capital Management.
"The Wonderful Linkage between Trump and Cryptocurrency"
Hey, have you heard? Trump's team is actually thinking about setting up the first cryptocurrency position! As soon as this news came out, the entire cryptocurrency market was like being injected with a dose of super stimulant, as if they had seen themselves "soaring" all the way to the peak of wealth.
Trump, a figure who is always a hot topic, is now involved in the field of cryptocurrency, just like a super Internet celebrity suddenly bringing a mysterious new product. Cryptocurrencies are probably cheering: "Wow, we are going to follow Grandpa Trump to the peak of life!" Imagine that those cryptocurrencies such as Bitcoin and Ethereum, which used to entertain themselves in their own digital world, now seem to see the gorgeous stage under the spotlight. They may be rubbing their "little hands" excitedly, preparing for a grand rally party. Maybe Bitcoin will proudly say: "I knew I was so charming that even Trump's team came to join in the fun." And other cryptocurrencies also responded: "Yes, yes, let's take advantage of this favorable situation and make the whole world crazy about us!" However, all this is just the beginning full of suspense. Whether it will really rise sharply is like an exciting gamble. Everyone is waiting to see how much trouble Trump's move can stir up on the cryptocurrency chessboard.
Bitcoin: The Journey to 1 Million RMB? In the wave of financial technology, Bitcoin is undoubtedly one of the most eye-catching focal points. Today, its price has risen to $95,000, and there is a strong expectation in the market: driven by numerous favorable factors, it is highly likely to break through the 1 million RMB barrier, opening up a new height of value. From a macroeconomic perspective, the evolution of the global economic landscape has profoundly affected Bitcoin's trend. In recent years, with increased volatility in traditional financial markets and rising geopolitical risks, investor demand for safe-haven assets has been growing. As a decentralized, limited-quantity digital asset with a certain degree of anonymity, Bitcoin has gradually become one of the choices for investors to diversify risks and preserve value. For example, during periods of political tension or economic crises in certain regions, Bitcoin's price often shows a significant upward trend, reflecting its unique appeal and hedging value in the context of macro uncertainty.
Putin Signs Nuclear-Related Decree: Potential Ripple Effects of Cryptocurrency Amid New Dynamics in Russia-Ukraine Situation
(Putin Signs Nuclear-Related Decree: Potential Ripple Effects of Cryptocurrency Amid New Dynamics in Russia-Ukraine Situation) In the ever-changing landscape of international politics, the decree signed by Russia's Emperor Putin regarding the use of nuclear weapons in response to Ukraine's use of Western missiles has created ripples across various global domains, and the cryptocurrency field cannot remain indifferent. From the perspective of market sentiment, the introduction of this decree undoubtedly adds a thick atmosphere of unease to the already complex and volatile global market. The cryptocurrency market, as an emerging field sensitive to market sentiment, sees investors' psychological defenses being impacted under such geopolitical pressure. Worry and caution have become mainstream emotions, and many investors choose to sell off their cryptocurrencies to avoid potential risks, leading to fluctuations in the prices of mainstream cryptocurrencies like Bitcoin and Ethereum, challenging market stability. This is not the first time cryptocurrencies have shown price fluctuations under tense international political situations, but this time, due to the involvement of nuclear deterrent-level decrees, the depth and breadth of its influence deserve deeper reflection.
( Trump's involvement in cryptocurrency exchanges: A new variable in the crypto market?) On the complex stage of global politics and finance, a significant piece of news has made waves like a stone hitting water: media reports that Trump's social media company intends to acquire a cryptocurrency trading platform. This news instantly became the focus of attention from all quarters, sparking widespread discussion and endless speculation, with some daring to predict that the biggest bull market in history will arrive in 2025. Trump, a highly controversial and influential figure, has always stood at the forefront of public opinion throughout his political career. Now, this potential move in the business sector undoubtedly adds a bold stroke to his legendary status. His social media company already has a large user base and strong dissemination power; if he successfully acquires a cryptocurrency trading platform, it will create an entirely new commercial ecosystem.
Hey, did you know? In the mysterious world of financial investment, a storm regarding cryptocurrencies is quietly brewing. According to Odaily Planet Daily, two heavyweight players have emerged! The findings of the Digital Asset Financial Professionals Committee and Franklin Templeton Digital Assets are like a stone thrown into a calm lake, creating ripples. The Advisor Pulse survey for the third quarter of 2024 is like a beacon, illuminating new paths for cryptocurrencies in the investment field. Look, advisors' confidence in using cryptocurrencies for portfolio diversification is growing stronger, like saplings thriving in spring. There is an astonishing statistic: 19% of advisors found that more than half of their clients are diving into the wave of digital asset investment, which has increased by 4% compared to earlier this year! It’s like a quietly rising investment revolution, with more and more people beginning to venture into this mysterious and enticing field.
Spent 9000 to buy two Bitcoins, I was once a millionaire in waiting!
When the policy changed, trading platforms were banned, I wisely sold my "treasures". Who would have thought that now, one has risen to 650,000, my millionaire dream shattered!
Bitcoin has skyrocketed, but I remain calm. After all, it's hard to chase the wind, now many listed companies increasing their BTC holdings gives me hope again! I'm preparing to sell my house and go all-in on BTC with 10x leverage, should it be a villa or Meituan delivery! Brothers, we shall see at the end of the year! #BTC☀ #BTC杠杆10倍做多
What to do in this complex situation? Recently, the trend of DOGE coin in the cryptocurrency market has sparked widespread and heated discussions, especially around the key question of whether it is facing a final peak opportunity. Behind this complex situation, various stakeholders and complicated events are intertwined. We have noticed that Trump's team has shown considerable hostility towards Musk, and this special competitive relationship has added more variables to the market to some extent. Musk's action of naming a government department after DOGE is like throwing a giant stone into a calm lake, triggering a dramatic fluctuation in Dogecoin prices, soaring to a staggering 0.42. This phenomenon reflects Musk's strong influence in the cryptocurrency field and highlights the market's high sensitivity to celebrity effects.
Public Companies Lead: Bitcoin May Reach New Highs
Bitcoin Strategy: Public Companies Lead, Value May Reach New Heights In today's complex and ever-changing financial market, Bitcoin is undoubtedly one of the most prominent focal points. According to PANews reports, Cointelegraph's statistics are shocking: more than 60 public companies have adopted Bitcoin strategies, and this trend is spreading like wildfire, with thousands of private companies also following suit. As important participants in the financial market, public companies' decisions are often made after careful consideration and comprehensive evaluation. Their adoption of Bitcoin strategies is by no means impulsive. These companies recognize the unique value of Bitcoin in the modern economic system. From the perspective of asset allocation, Bitcoin has characteristics of low correlation with traditional assets. In the context of increasing uncertainty in the global economic situation, traditional assets such as stocks and bonds may be affected by macroeconomic factors in the same direction, while Bitcoin can serve as an effective tool for diversifying risk in investment portfolios. For public companies, reasonable allocation of Bitcoin can optimize asset structure and enhance the resilience of asset portfolios.
I don't understand, this is my first time playing with cryptocurrency and I bought coins randomly. I don't know if I'm losing money or making money today. Is there a kind person who can tell me? #doge⚡ #pepe⚡
Accidentally Discovering the Path to Making Money!
(Shocking, making over ten thousand a month just by water videos!)
In this digital age full of opportunities and surprises, there are always stories that shine like brilliant stars, attracting our attention. Today, we are going to tell such a jaw-dropping legend. There is a homebody guy, just like countless young people, whose biggest hobby is playing games and immersing himself in the joy brought by the virtual world. However, an accidental encounter completely changed the trajectory of his life.
It was an ordinary day, and while the guy was swimming in the ocean of the internet, he accidentally discovered the COS.TV website. This site is like a mysterious treasure island; when he learned that uploading videos here could bring income, the seed of hope in his heart began to sprout. From then on, the guy embarked on what seemed like a crazy journey of video creation. He spent a lot of time every day making and uploading videos. To others, his videos might seem a bit 'watered down,' lacking depth or exquisite production skills. But who would have thought that such seemingly ordinary and even rough actions would, like magic, bring him unexpected huge rewards — making over ten thousand a month. This result was like a heavy bomb exploding in our cognitive world, leaving people astounded. It vividly illustrates the saying 'even a pig can fly if it stands at the wind's mouth'; once opportunities arrive, they can create incredible miracles.