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Crypto Man MAB
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SEC Approval spot Ethereum ETF. #ETHETFsApproved #FIT21 #CryptoManMab
SEC Approval spot Ethereum ETF.
#ETHETFsApproved
#FIT21
#CryptoManMab
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BITCOIN Vs Gold Bitcoins market capitalization is currently at 8.4% quickly approaching 10% of gold. Bitcoin is currently valued at $1.4tr compared to gold's $16tr market cap. A key distinction between $BTC and gold is their supply dynamics . BTC supply is fixed with 94% of its total 21m coins already mined translating to a circulating supply of 19.7m. On other side Gold's supply continues to grow and is projected to reach 250000 tonnes by 2030. That's why bitcoin is called digital gold 🪙 believe it or not but bitcoin will be more valuable than Gold and other Assets In last buy as you can or you will regret . #CryptoManMab
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Currently the rate at which new capital is flowing into #Bitcoin network has slow down considerably from its peak as the market digests the recently distributed supply . On other side The #altcoins Market cap has broken the downtrend line with a big candle . The approval of Ethereum ETF is the reason for this and we may see More money flowing into the $ETH when the spot ETF trading starts . This one the good for altcoin we may see altseason soon. #ETHETFsApproved #CryptoManMab
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SEC Approves Spot Ethereum ETFs❤️🔥 Bitcoin was unable To hold the $69000 level and the price droped to the support area Currently $BTC is testing $67000 level and it's need to hold this level otherwise we may see continues downtrend . The next support area is between $64500 and $65200 and the resistance area is between $69000 and $70000. Another update is that according To glassnode small BTC holders known as shrimps who own less than 1 BTC , hold about 7% of the total circulating supply .
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