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Big fight in Bitcoin (BTC): Bears are leading! Bitcoin fell more than 2 percent on July 4 as a key support level was retested for the first time since October 2023. Edwards, along with data from on-chain analytics company Glassnode, stated that Bitcoin has seen significant selling pressure throughout the year. According to market data, BTC fell to $57,885 after the last daily close. Mt. The fear created by Gox and the sales from spot markets shook Bitcoin bulls. According to data from CoinGlass, 24-hour Bitcoin long liquidations are at the level of $ 230 million. Evaluating the recent price movement, popular trader Skew stated that BTC/USD surpassed its 200-day moving average (MA) for the first time in 10 months. Skew said the following in part of an article in X: “The sale at around $63.8 thousand reversed the momentum and led to a major decline. We need to see investors' appetite and an upward turn. “Otherwise, volatility and momentum will increase downward.” Edwards, along with data from on-chain analytics company Glassnode, argued that Bitcoin has seen significant selling pressure throughout the year. United States spot Bitcoin exchange-traded funds (ETFs), launched in January, were unable to absorb this decline. “This is why I haven't seen a clear rise,” Edwards told his followers. Saylor, Michael Dell, ETFs. "All of this was in vain," he said. BTC, which has been in a downward trend for a while, is affected by spot ETFs, the German government and Mt. Gox took a big hit with its agenda. Since the majority of crypto investors focused on altcoins, the losses were naturally high.

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🧙‍♂️ #Bitcoin price fell below 57 thousand dollars and reached $ 56,952. 🧙‍♂️ The German government sent 1300 Bitcoins to cryptocurrency exchanges and 1700 Bitcoins to an unknown wallet address. 🧙‍♂️ South Korea will monitor the internal data of stock exchanges in the country in real time as part of crypto fraud measures.

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PEPE Investor, Who Increased 45 Thousand Dollars to 26 Million Dollars, is Back! The whale, which earned tens of millions of dollars thanks to PEPE, one of the most popular meme coins, returned after months. According to the post of blockchain analysis platform Spot On Chain, an altcoin investor named dimethyltryptamine.eth returned after not making any transactions with PEPE for 10 months. According to Spot On Chain's post, the whale sold 10 billion PEPE in exchange for 32.73 Ethereum (ETH) last night. The investor earned approximately 112 thousand dollars in dollar terms. PEPE, an Ethereum-based token, is the third biggest name in the meme coin category, according to CoinGecko data. In front of him are Dogecoin and Shiba Inu. The return of the whale increased the selling pressure on PEPE. PEPE price dropped 5.9% in the last 24 hours to $0.00001077 . According to past transaction records, this name was one of the names that invested in #PEPE in the early periods when it entered the market. The name, which invested only 45 thousand dollars in PEPE, obtained a total of 26.7 million dollars with the increase in the price of the meme coin. According to Spot On Chain data, there is still 1.99 trillion PEPE worth $21.4 million in the investor's wallet. In addition, he holds $697 thousand worth of WOJAK tokens.

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Signal came from Joe Biden: That memecoin increased by 250 percent! A Kamala Harris-themed memecoin gained nearly 250 percent on Thursday as pressure grew for U.S. President Joe Biden to drop out of the presidential race. A Kamala Harris-themed memecoin gained nearly 250 percent on Thursday as pressure grew for U.S. President Joe Biden to drop out of the presidential race. After the debate between US President Joe Biden and Donald Trump, allegations that he will withdraw from the presidential debate have increased. The market cap of Kamala Horris (KAMA), a deliberately misspelled Solana based memecoin marketed with a poorly drawn caricature of the US vice president, rose from around $3.5 million to around $11.9 million at the time of the controversy on June 27, according to Dex Screener. It went up to a million dollars. The token has fallen slightly from its $22.2 million market cap peak reached on July 3. According to Reuters' news dated July 3, it was stated that she was the first choice to replace Harris if Biden withdrew from the re-election race, and it was based on seven high-level sources from the Biden campaign, the White House and the Democratic National Committee who are familiar with the current debates. Meanwhile, Jeo Boden (BODEN) has fallen by more than 22 percent in the last 24 hours and by 73.4% in the last week, according to CoinGecko. KAMA's rise and BODEN's retreat followed the Biden-Trump debate on June 27. Political analysts noted Biden's poor performance in the debate due to his hoarse tone of voice and loss of flow of thought at times. Biden, 81, became the oldest person to run for president and said his performance was down to a cold, over-preparation and jet lag, even though the debate was held in Atlanta in the same time period the week before.

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🧙‍♂️ The Russian government plans to officially legalize stablecoins in international transactions to facilitate cross-border payments for Russian companies.

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