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3 criptomonedas imprescindibles antes de que Bitcoin se reduzca a la mitad Según las estimaciones, la próxima reducción a la mitad de Bitcoin se producirá a mediados de abril de 2024. Los entusiastas de las criptomonedas lo esperan con impaciencia. Históricamente, las reducciones a la mitad han provocado picos notables en el precio de Bitcoin (BTC), con un efecto dominó en todo el mercado de criptomonedas. En un esfuerzo por maximizar sus ganancias, los inversores se están posicionando tácticamente, destacando posibles altcoins en las que podrían aprovecharse. En este artículo, examinamos tres alternativas en las que pensar: Dogecoin (DOGE), Shiba Inu (SHIB) y el próximo token nativo de DTX Exchange (DTX). $BTC $BNB $SOL #Nonfarm #BullorBear #BinanceLaunchpool #BinanceLaunchpool #HotTrends

3 criptomonedas imprescindibles antes de que Bitcoin se reduzca a la mitad

Según las estimaciones, la próxima reducción a la mitad de Bitcoin se producirá a mediados de abril de 2024.

Los entusiastas de las criptomonedas lo esperan con impaciencia. Históricamente, las reducciones a la mitad han provocado picos notables en el precio de Bitcoin (BTC), con un efecto dominó en todo el mercado de criptomonedas.

En un esfuerzo por maximizar sus ganancias, los inversores se están posicionando tácticamente, destacando posibles altcoins en las que podrían aprovecharse.

En este artículo, examinamos tres alternativas en las que pensar: Dogecoin (DOGE), Shiba Inu (SHIB) y el próximo token nativo de DTX Exchange (DTX).

$BTC $BNB $SOL

#Nonfarm #BullorBear #BinanceLaunchpool

#BinanceLaunchpool

#HotTrends

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⛔ Shiba Inu burn rate soars 3900%  ⛔ Over the past few months, many new memecoins have entered the fold and have gained significant traction in terms of popularity. Despite new tokens gaining a large chunk of the market share, Shiba Inu[SHIB] continued to see growth. One of the reasons for the same would be Shiba Inu’s burn rate. SHIB BURNS The recent surge in Shiba Inu’s burn rate has caused a stir in the cryptocurrency community. This burning process removes SHIB tokens from circulation, potentially leading to a decrease in overall supply. Notably, the burn rate rose by a staggering 3900% within a 24-hour period, with a significant contribution of 4.03 million burned tokens coming from a single wallet address. This community effort, alongside smaller burns from other members, has significantly reduced the circulating supply of SHIB. How is SHIB doing? In terms of price, SHIB was trading at $0.0000253. Over the last 24 hours, the price of SHIB had declined by 1.60%. The price moved sideways for the most part despite growing whale accumulation. Over the past three months, the SHIB price has shown multiple lower lows and lower highs indicative of a bearish trend. SHIB’s recent sideways movement did not allude to a possible reversal in the future. In terms of network growth, there was a decline observed. This implied that new addresses were losing interest in SHIB. If this trend continues and new users fail to be attracted to SHIB, it could further cause problems for the SHIB token and result in a decline in price. $SHIB #ETHETFsApproved #Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #altcoins
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Why the Bitcoin Price is Down Today? ⛔ The cryptocurrency market has taken a significant downturn today, with Bitcoin falling below its $71,000 support level to $68,500, and Ethereum dropping to $3,600. The global crypto market cap has decreased by 2.60% to $2.55 trillion, while total market volume surged by 42.17% to $106.43 billion. Meanwhile, many are wondering what’s the key reason behind the sudden market drop. Reasons Behind the Market Decline The recent release of the U.S. Employment Situation Summary Report has played a significant role in this downturn. The U.S. Employment Situation Summary Report revealed that 272,000 jobs were added in May, surpassing expectations.  The unemployment rate also increased slightly from 3.9% to 4.0%, presenting mixed signals about the economy’s health. Although the data shows a different trend, Markus Thielen, head of research at 10x Research, believes the employment report isn’t the main reason for the crypto market drop. However, the crypto sold off at the end of Friday without any obvious reason causing the bitcoin price to fall. Stronger Dollar, Weaker Crypto Adding to the complexity, the U.S. Dollar Index (DXY) has strengthened, meaning the dollar is gaining value against other currencies. A stronger dollar often leads investors to move away from riskier assets like cryptocurrencies like Bitcoin, causing their value to drop. The combination of a strong dollar and potential interest rate hikes has led to a bearish sentiment in the crypto market. Investors are pulling back from riskier assets, resulting in the recent market decline. What’s Next for Crypto? A weaker employment report could lead to lower interest rates, potentially boosting Bitcoin to new highs. Markus Thielen mentioned that if the upcoming Consumer Price Index (CPI) report shows inflation at 3.3% or lower, Bitcoin could reach new all-time highs. As the market reacts to these economic signals, it’s crucial to keep an eye on future central bank announcements and economic reports for further clues on market direction. $BTC
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📢💥 Bitcoin Price Tanks as Nearly $300 Million in Longs Get Rekt 💸💸 Bitcoin, Ethereum, and other top cryptocurrencies plunged in price suddenly Friday afternoon, yielding a still-growing pile of liquidations that includes almost $300 million worth of long positions. Some $285 million worth of crypto long positions have been liquidated across the board in the last hour alone, per data from CoinGlass, along with $12 million in short positions. Expanded out daily, there's $399 million worth of long position liquidations over the past 24 hours, plus $47 million in shorts. Bitcoin dipped from a price above $71,000 to under $69,000 in a matter of about 40 minutes, while Ethereum plunged from $3,800 to under $3,650. Both coins are starting to rebound. Earlier in the day, the crypto market had shrugged off hotter-than-expected jobs data from the U.S. Labor Department. "Hard assets are suffering due to the potential impact of Fed rates being 'higher for longer,'" Amberdata's Director of Derivatives Greg Magadini told Decrypt, pointing to Friday's labor figures. He added that after the approval of spot Ethereum ETFs, there was a notable increase in open interest for Ethereum futures. That could push prices further down as leverage is unwound, Magadini stated, if there's no "follow-through" with Ethereum prices to meet longs positioned to the upside. Among cryptocurrencies, meme coins posted outsized losses Friday. The Solana-based BONK had fallen 9% over the past hour to $0.00002745, showing a 16.7% decrease in price over the past day. Dogwifhat and the Ethereum-based Pepe had each fallen 13% during that same span. Meanwhile, major Wall Street stock indexes were comparatively less turbulent. The S&P 500 had edged up 0.07% midday, while the tech-heavy Nasdaq composite had fallen slightly. $BTC $BONK $SOL
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