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KingAde Fx
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According to the data, Bitcoin has decoupled from the Nasdaq, with a 40-day correlation hitting zero, likely due to the market's focus on a potential spot Bitcoin ETF launch in the US. Analysts expect Bitcoin to serve as a portfolio diversifier, and correlations are expected to stay low amid potential ETF approval and the upcoming halving in April. #etf #BTC $BTC
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Examining the comprehensive Cryptocurrency Market Cap chart, encompassing Altcoins, DeFi, GameFi, meme coins, etc. In comparison to previous years where the market cap surpassed 3 trillion, there's optimism for the current market to reach over 6 trillion, effectively doubling the previous market cap. #BTC #etf #ETH #ai $BTC $ETH $BNB
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Anticipation Grows As Pi Network Nears Mainnet Launch Amid Exchange Listing Speculation
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2023 was a rollercoaster year for the cryptocurrency industry. From the highs of Bitcoin reaching new all-time highs to the lows of the banking crisis, there were plenty of headlines that kept investors on the edge of their seats. The headlines that defined 2023 include: ⚫ Q1 2023: Banking crisis, regulatory sharpening ⚫ Q2 2023: #SEC lawsuits, BlackRock's ETF filling ⚫ Q3 2023: Grayscale court win ⚫ Q4 2023: Binance plea deal, ETF hype Looking towards 2024, the crypto landscape is poised for significant developments: ⚫ Regulatory clarity, and spot Bitcoin ETF decision ⚫ Bitcoin halving ⚫ Technological advancements ⚫ Crypto industry consolidation $BTC $BNB $ETH #BTC #etf #BinanceSquare
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Analyzing $BONK reveals a bullish pattern, specifically a falling wedge on both the 30-minute and 1-hour timeframes. Traders may consider waiting for a retest or opt to follow the emerging trend, given its early stages. Monitoring key levels and considering risk management strategies is advisable in response to potential price movements. #BTC #etf #Bonk.Coin
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Ethereum(ETH) Surpasses 3,200 USDT with a 2.60% Increase in 24 Hours
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