Bitcoin($BTC ) Drops Below 63,000 USDT with a 2.15% Decrease

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Bitcoin($BTC ) Drops Below 63,000 USDT with a 2.15% Decrease in 24 Hours On Mar 20, 2024, 16:26 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 63,000 USDT and is now trading at 62,978.148438 USDT, with a 2.15% decrease in 24 hours.#HotTrends #SLERF #BitcoinBlast $BTC #Binancenews

Bitcoin($BTC ) Drops Below 63,000 USDT with a 2.15% Decrease in 24 Hours
On Mar 20, 2024, 16:26 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 63,000 USDT and is now trading at 62,978.148438 USDT, with a 2.15% decrease in 24 hours.#HotTrends  #SLERF  #BitcoinBlast  $BTC #Binancenews   

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Bitcoin(BTC) Surpasses 63,000 USDT with a 3.94% Decrease in 24 Hours ⬇️ On Mar 22, 2024, 22:02 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 63,000 USDT benchmark and is now trading at 63,028.011719 USDT, with a 3.94% decrease in 24 hours.#HotTrends #BinanceNews Like 👍 and follow me For more Updates

⬇️5 REASONS WHY $BTC IS GOING TO $12k🪫 1. It’s bitcoin Halving meaning it’ll reach it’s all time Low⬇️ 2. It crashes everytime after reaching a new all time High 3. It’s not 2025 bull run yet 4. Alt coins are not pumping 5. It’s a possibility based on whales dumping it real hard after it pumps above $69k Believe all this reasons at your own risk🤝 #HotTrends #Foxtrader #binancenews Please Follow 🥺🥺🥺🥺

Bitcoin Non-Zero Wallet Addresses Drop, 🚀🚀Indicating Potential Positive Returns According to CryptoPotato, Bitcoin and the rest of the crypto market have recovered, wiping out most of the losses incurred during the recent correction. The leading asset could see more positive returns in the near future, according to the latest data. ✔️Santiment's recent analysis of Bitcoin's network activity revealed a notable decline in the number of total non-zero coin wallets over the past 10 days, with a net difference of -311K. ✔️The blockchain intelligence platform said that historically, such declines have coincided with moments of FUD in the market. During these periods, small BTC wallets capitulate while larger addresses accumulate more. Taking into account these past occurrences, during similar drops in active wallets, Bitcoin has demonstrated significant price surges. ✔️For instance, from September 23rd to October 23rd, despite a decrease of 1.10 million non-zero wallets, $BTC soared by 28%. Similarly, from January 21st to February 13th, with a decline of 757K non-zero wallets, BTC surged by 24%, Santiment observed. Therefore, despite the recent decrease in non-zero wallets, history suggests that Bitcoin may soon rebound with positive returns as traders exit the market, believing the top has been reached. Bitcoin saw a significant sell-off leading up to the correction that triggered a fall close to $62,000. While the crypto asset is still down nearly 10% from its recently established all-time high of $73,750, there's a renewed risk appetite among investors, particularly after the Federal Open Market Committee (FOMC) meeting on March 20, as noted by QCP Capital. Besides Bitcoin, altcoins such as Dogecoin, Solana, and Ethereum also recorded significant gains over the past 24 hours, with 13.35%, 9.09%, and 6.07%, respectively.#HotTrends #Write2Erarn #Binancenews

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🚀MicroStrategy's Leverage on #Bitcoin Leads to Explosive Moves @Bitcoin.org According to Bloomberg, MicroStrategy's leverage on Bitcoin has led to explosive moves in the market. The company's stock sank 16% on Monday, more than 10 times the drop in Bitcoin, and slumped 5.7% on Tuesday as the digital token extended its decline. The business software firm has been accumulating Bitcoin since 2020, making its stock a proxy for investors who want to bet on the cryptocurrency without buying it outright. After selling convertible debt twice this month to finance additional purchases, MicroStrategy now holds approximately $14 billion worth of Bitcoin. Given the company's market capitalization of about $24 billion, its debt, and the estimated $1.5 billion value of its core business, its shares trade at a more than 90% premium to the value of Bitcoin on its balance sheet, according to Bloomberg calculations. This unique financial alchemy has attracted investors who view MicroStrategy as an attractive vehicle for creating exposure to Bitcoin. The stock also has certain benefits over purchasing Bitcoin exchange-traded funds (ETFs), which have been available since January. One such advantage is that, unlike ETFs, MicroStrategy shares do not charge a management fee. For long-term investors who expect Bitcoin to rebound, the premium in the shares makes sense due to these advantages over ETFs. The current market situation presents an opportunity for investors to buy the dip in MicroStrategy, betting that Bitcoin will resume its climb.#HotTrends #crypro #Binancenews KEEP FOLLOWING ME FOR MORE UPDATES AND ALSO LIKE AND SHARE THE POST #BOME $BTC

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