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Bitcoin (BTC) Sees a Narrowed 1.26% Increase in 24 Hours and Drops Below 70,000 USDT At 11:58 AM (UTC) on April 11, 2024. Bitcoin has fallen below 70,000 USDT and is currently trading at 69,914.75 USDT, indicating a thin 1.26% growth in just one day, according to Binance Market Data. $BTC

Bitcoin (BTC) Sees a Narrowed 1.26% Increase in 24 Hours and Drops Below 70,000 USDT

At 11:58 AM (UTC) on April 11, 2024. Bitcoin has fallen below 70,000 USDT and is currently trading at 69,914.75 USDT, indicating a thin 1.26% growth in just one day, according to Binance Market Data.

$BTC

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$1 million DMT invested by a new wallet address yields a 24% profit. A recently established wallet address that was first financed by GSR has reportedly invested $1 million in DMT and has already realized a 24% profit, according to data from Nasnen, as reported by Odaily. In the last week, DMT's value has increased by 92%. The new wallet address's profit margin has benefited from the notable growth in DMT's value. This wallet address's initial financing came from GSR, a reputable company in the cryptocurrency space. The information emphasizes how profitable investing in digital currencies such as DMT can be, particularly when the market is up. But it's crucial to remember that the market for virtual currencies is quite erratic, so investments should be done carefully.#EarnFreeCrypto2024
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Developers Are Encouraged to Continue Building Despite Market Volatility by the Shiba Inu Team The official social media marketing lead for the Shiba Inu team, Lucie, reportedly sent out a message urging developers to keep developing on the SHIB and Shibarium blockchain, according to U.Today. Her main takeaway from the event was that developers should keep working hard without anticipating praise or adulation from Shytoshi Kusama or from her on social media. Whatever the outcome—good, bad, or nonexistent—Lucie underlined that the secret to success is to 'keep working.' She emphasized that in this process, constancy is essential. Lucie went on to emphasize how important it is to work on a project without waiting for approval or praise from herself or lead developer Shytoshi Nakamoto. She made the point that if a project is good, the Shiba Inu team will undoubtedly notice it and may choose to invest in it or suggest working together. Adding, "There are thousands and thousands of projects, it takes a real one to survive and succeed," Lucie said that "an honest project" is necessary for success. According to market capitalization, SHIB, the second-biggest cryptocurrency with a dog theme, has dropped significantly over the last 24 hours, losing roughly 6.53% of its value. It recently had a sharp decline of 4.19%, falling short of the SHIB community's long-expected $0.00003 goal. SHIB's trading price as of this writing is $0.00002505. $SHIB
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People Coin Has Noticeably Increased in Just a Day Foresight News reports that in just one day, the value of the cryptocurrency People Coin increased significantly. The coin now has its highest recorded value of 0.081 USDT, which it reached during this time. In just one day, the value gain amounts to a 24.45% increase.#MemeWatch2024
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Bitcoin's market capitalization might reach $3 trillion. Post-Halving According to CryptoPotato, Bitcoin's market capitalization could exceed $3 trillion after the impending halving event. This estimate is based on a number of factors, including the asset's previous strong price performance and industry growth expectations. Bitcoin's market capitalization just reached an all-time high of more than $1.43 trillion and is currently around $1.32 trillion. ChatGPT, a popular chatbot, claimed that attaining the $3 trillion milestone is achievable, but it is contingent on a number of circumstances, including the influence of the halving event. Historically, halving has preceded a Bitcoin bull run. However, this time the scenario appears to be different, as the cryptocurrency's price began to surge months before the event. Marathon Digital CEO Fred Thiel feels the rally influenced by the event has already been priced in, and he does not expect big increases in the near future. ChatGPT, a prominent chatbot, suggested that reaching the $3 trillion milestone is possible, but it depends on a variety of factors, including the impact of the halving event. Historically, halving preceded a Bitcoin bull run. However, this time, the situation looks to be different, as the cryptocurrency's price began to rise months before the event. Marathon Digital CEO Fred Thiel believes the rally influenced by the event has already been priced in, and he does not anticipate significant rises in the short term. ChatGPT also noted that future market dynamics, including as institutional adoption, regulatory frameworks, and macroeconomic factors, will influence Bitcoin's market capitalization. It highlighted that a jump of $3 trillion is only achievable if investor confidence remains favorable. Brad Garlinghouse, Ripple's CEO, recently forecast a bright future for the cryptocurrency industry. He expects the sector's global market capitalization might approach $5 trillion this year. $BTC
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Crypto Trader Loses More Than $1 Million Due To Market Crash. According to PANews, a crypto trader identified as Crypto Nerd reported a large loss of more than $1 million overnight as a result of the cryptocurrency market's steep plunge. The trader, who was trading on platform X, stated that his three-times leveraged long positions on PEPE were liquidated due to the market decline. The rapid and abrupt market drop resulted in this significant financial loss, emphasizing the volatility and danger inherent with cryptocurrency trading. $BTC $ETH $BNB
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