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487* 🙆🏻‍♂️

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$BTC BTC (Bitcoin) is the world's first and largest cryptocurrency by market capitalization. Here are some current key statistics and trends: # Current Price $102,115.50 USD (please note that prices may fluctuate rapidly) # Market Capitalization $1.96 trillion USD # 24-Hour Trading Volume $24.8 billion USD # Current Trends 1. _Increased Adoption_: Growing institutional investment and mainstream acceptance. 2. _Improving Infrastructure_: Advancements in scalability, security, and user experience. 3. _Regulatory Clarity_: Evolving regulatory frameworks providing greater certainty for investors. # Technical Analysis 1. _Support Levels_: $98,000 - $100,000 2. _Resistance Levels_: $105,000 - $110,000 3. _Trend_: Bullish Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research, set a budget, and never invest more than you can afford to lose.

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#NFPCryptoImpact The Non-Farm Payroll (NFP) report, released monthly by the US Bureau of Labor Statistics, can significantly impact the cryptocurrency market. Here's a breakdown of the NFP report's potential effects on crypto: # Factors Influencing Crypto Prices 1. *Inflation Expectations*: A higher-than-expected NFP number can lead to increased inflation concerns, potentially boosting Bitcoin's price as a hedge against inflation. 2. *Interest Rates*: A strong NFP report can lead to expectations of higher interest rates, which might negatively impact cryptocurrency prices, as higher rates increase the cost of borrowing and reduce demand for riskier assets. 3. *Risk Appetite*: A positive NFP report can increase risk appetite among investors, potentially leading to increased demand for cryptocurrencies like Bitcoin and Ethereum. 4. *Dollar Strength*: A strong NFP report can strengthen the US dollar, which might negatively impact cryptocurrency prices, as a stronger dollar makes cryptocurrencies more expensive for holders of other currencies. # Historical NFP-Crypto Price Correlations While the relationship between NFP reports and crypto prices is complex, some studies suggest that: 1. *Bitcoin*: Tends to perform well when the NFP report exceeds expectations, potentially due to increased inflation concerns. 2. *Ethereum*: May be more sensitive to changes in risk appetite, potentially leading to increased demand when the NFP report is strong.

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you wasted your points

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#OnChainLendingSurge On-chain lending has surged to record highs, with over $20 billion in active loans ¹. This growth is a significant milestone for the DeFi ecosystem, indicating increased adoption and confidence in decentralized lending protocols. Several factors are contributing to this surge: - *Increased Adoption*: More users are turning to on-chain lending platforms, driven by the desire for decentralized, trustless, and permissionless financial services. - *Improved Infrastructure*: Advances in blockchain technology, smart contract development, and user interface design have made on-chain lending more accessible and user-friendly. - *Growing Ecosystem*: The expansion of the DeFi ecosystem, including the emergence of new protocols, platforms, and use cases, is driving demand for on-chain lending services. Notable protocols, such as Aave and Compound, have seen significant growth in lending volumes, with Aave's V3 protocol approaching $6 billion in loans ². Other protocols, like Morpho and Spark, are also gaining traction, with Morpho's lending aggregator product reaching ~$1 billion in deposits ³. As the on-chain lending market continues to evolve, it's essential to monitor its growth, trends, and innovations to better understand its potential impact on the broader DeFi ecosystem.

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