๐ป The US stock market took a huge hit as $1.1 trillion was wiped out.ย ย ๐ป S&P had its worst dump since October 2022. ย ๐ป NASDAQ 100 had its worst day since September 2022. ย ๐ป $250M in longs got liquidated.
People are donating #Bitcoin to the #German Government. So far, they have received $230.91 Poor #Germany will sell this 230$ Soon Prepare For crash ๐
#CPI data is coming on Thursday at 6 p.m. IST ๏ฟผ ย
CPI Expectations: 3.1% ย This CPI data will be crucial. ๏ฟผ If the CPI data comes in higher than expected, ๐ณ๐ถ๐ญ๐ฆ ๐ฐ๐ถ๐ต ๐ข๐ฏ๐บ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ ๐ฐ๐ฏ๐ฆ ๐ณ๐ข๐ต๐ฆ ๐ค๐ถ๐ต ๐ต๐ฉ๐ช๐ด ๐บ๐ฆ๐ข๐ณ. ย ๏ฟผ If CPI data comes in lower than expected, ๐ต๐ฉ๐ฆ๐ฏ ๐ช๐ต ๐ฎ๐ข๐บ ๐ฐ๐ฑ๐ฆ๐ฏ ๐ต๐ฉ๐ฆ ๐ฅ๐ฐ๐ฐ๐ณ ๐ง๐ฐ๐ณ ๐ข September ๐ณ๐ข๐ต๐ฆ ๐ค๐ถ๐ต. ย What are your CPI expectations? ๏ฟผ #Crypto #FOMC #Bitcoin #SOFR_Spike #cpi #CPI_DATA #BTC_Bounce_Back_to_57k $BTC
โ Recent market #crush triggers massive long #liquidations.
๐ โThe recent #BTC price plunge has been devastating for long position holders. As you can see above, the size of the long liquidation is by far the largest for the last year.โ
This is what bears will always say, but remember that corrections are part of a crypto cycle. ย The same happened in 2017 and 2021, so don't panic and use this opportunity to accumulate.
#NEWS: #Russiaโs central bank has urged businesses to consider various payment solutions, including #cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions.