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The crypto market crash on December 9, 2024, was caused by 4 MAJOR converging factors: 1.Excessive Leverage and Liquidations: Over $1.7 billion in leveraged positions were liquidated within 24 hours, with #bitcoin☀️ dropping below $94,000 and Ethereum falling by 8%. This triggered a domino effect across the market, as both long and short positions were forced to close, exacerbating the sell-off 2.Quantum Computing Fears: Google’s announcement of its advanced “Willow” quantum chip raised concerns about potential threats to cryptocurrency security. Though not an immediate issue, some traders speculated about vulnerabilities in cryptographic defenses, leading to market uncertainty 3.Government $BTC Bitcoin Sales: Bhutan’s government moved a significant amount of $BTC Bitcoin to exchanges, fueling fears of increased supply and further price drops. This mirrored earlier moves that had pressured $BTC Bitcoin prices 4.General Market Trends: Broader market corrections tied to pre-halving cycles also played a role. Historically, Bitcoin experiences retraces and re-accumulation phases before halving events, aligning with patterns seen in this downturn. These combined factors created a perfect storm, leading to the sharp decline.
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#dogs $DOGS BREAKOUT ALERT: Enter NOW at 0.0009176 – Bull Run Confirmed! 💯🔥🔥 $DOGS has surged 12.89% today, breaking past critical resistance levels with strong momentum on the 4-hour chart. The bullish trend is in full force, indicating further upside potential. Traders should act fast to capitalize on this breakout! 💡 Key Levels to Watch: • Target 1: 0.0009400 • Target 2: 0.0009700 • Target 3: 0.0010000 📉 Stop Loss: Place below 0.0008500 to manage risk effectively. The current price action signals a robust upward move, with increased volume confirming bullish sentiment. However, monitor closely as high volatility could trigger pullbacks before further gains. #SUIInTheSpotlight #BinanceListsACXandORCA #ETHCrosses4K #CryptoHistoricMoment Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Bitcoin just hit $104,000 but who owns the most Bitcoin?
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$DOGS Why $DOGS Could Be the Next Big Thing in Crypto $DOGS has been making waves in the crypto community recently, and for good reason. This innovative token combines cutting-edge blockchain technology with a mission to support global sustainability initiatives. Here’s why dogs stands out: 1. Eco-Focused Utility: A percentage of every transaction goes towards funding environmental projects, making it a coin with a cause. 2. Strong Community: The dogs community is vibrant, with active discussions and collaborations to promote green technology. 3. Deflationary Mechanics: Token burn events ensure a steadily reducing supply, which could drive value in the long term. With its unique combination of purpose and profit, dogs is one to watch. Do you think it has what it takes to moon? Share your thoughts below! am holding from here till till till
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they promised us that they will give us the biggest airdrop in the crypto history. i have spent so much time into this scam project. They scammed us,, they played e very dirty game with our emotion. BOYCOTT HAMSTER #HMSTRonBinance #BinanceLaunchpoolHMSTR #hmstrfraud #boycotthamster #hamsterkombat24
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