The cryptocurrency decline reflects reduced global liquidity, due to shrinking central bank balance sheets and volatile bond markets. Bitcoin, which is sensitive to liquidity, came under intense pressure as financial conditions tightened, leading to a sharp increase in outflows from the cryptocurrency market.
The cryptocurrency market reacted quickly after Powell's remarks, with Bitcoin down 7.2% and Ethereum down 10.7% in the past 24 hours, weekly losses exceeding 5% and 16% respectively. Altcoins like Solana and Dogecoin fell more sharply, #btc $BTC $ETH
The Federal Reserve rattled markets in recent days, when it signaled it would cut interest rates less next year. The stock market was affected, with the impact spreading to crypto assets.
The cryptocurrency hit an all-time high above $108,000 this week, but has since sold off heavily.
Bitcoin is still trading at $97,000 On December 21, BTC expects to be over 100,000 USD at the weekend.
#BTCNextMove #xrp #bnb TOP 10 potential cryptocurrencies that we should invest this X’mas 2024.
After FED cut interests, I advise you guys to invest these coins to increase profit. These are top 10 coins:
1. Bitcoin (BTC) - the "king" of cryptocurrencies
This is the first cryptocurrency in the world, created by Mr. Satoshi Nakamoto in 2009. After 15 years of development, Bitcoin (BTC) is still firmly in the top 1 position of the most potential cryptocurrencies today.
Recently, Bitcoin (BTC) fell from over $105,000 to under $97,000, execting up $120k
2. Binance Coin (BNB)
This is the currency used to pay fees on Binance. In addition, it is also one of the digital assets traded on many other exchanges.
You can use BNB to buy and sell Ethereum or Bitcoin and many other coins. The price of BNB in 2017 is only 0.1 USD. By dec 2024, its price had increased to about 658 USD, an increase of about 6.58 thousand times.
Expecting gain over $800
3. Ripple (XRP)
Popular coin recenrly after Mr Trump and Musk won the 2024 election.
XRP is currently one of the most promising coins in the cryptocurrency space. Ripple has launched its long-awaited stablecoin RLUSD, set to add another credible boost to the token's rekindled popularity. Could XRP Mark a New Price Trajectory This Weekend? Let's find out.
XRP targets $3
4. Doge coin (DOGE)
the connection with Mr. Musk & Trump, dogecoin is expected to increase in price in the near future, in the context of increased political influence and the billionaire's potential role in the US Government in the next 4 years.
Doge expects up $0.45
$BTC $BNB $XRP
Also, Other coins should be invested: AVAX PEPE ADA LINK ETH TRX
The cryptocurrency market fluctuates very strongly. There is no guarantee that you will get a profit when investing. So always be careful when investing.
According to Ledn co-founder Mauricio Di Bartolomeo, Bitcoin will continue to increase in value relative to gold, eventually reaching the equivalent of 50 ounces of gold per BTC.
At current rates, this would equate to a BTC price of $132,500.
“Investors can use Bitcoin as a strategic hedge, similar to gold,” a recent BlackRock report said. #BTCNextMove $BTC
FED cut interest rate, uncertain about crypto plans and vs Trump’s team. The whole crypto market dumped, So what should we do for BTC, XRP, ETH, SOL… buy or hold? Lets choose XRP as a sample.
According to Egrag, a popular cryptocurrency analyst, XRP is currently forming a bullish triangle, which is “a pattern known for its tendency to break out when prices rise,” as the analyst pointed out. This expert says XRP is building momentum, which could soon become a potential breakout that could see XRP reach $3 around Christmas 2024.
However, CoinCodex does not think so, the platform believes that XRP can only fluctuate at $2.26 on December 22, 2024. By the end of December or early January, this token price may decrease stronger, down to $1.85.
Hold or sale , it is your choice. Good luck! $XRP $BTC
#USUALSpotLaunch #UsualToken $USUAL super hot hot USUAL 💰💰💰 if you listen to me, already earned everage 3 to 6times within 2 days ( from 0.2 to 1.2usd), congrats you guys, hope you have a sweet day with big smile😁😁😁
Renowned trader Peter Brandt, a long-time critic of XRP, has made a surprising prediction. He believes XRP's price will soar to $4-$6, citing a "Half Mast Flag" pattern.
Brandt's prediction is a significant shift from his previous bearish stance on XRP.
How⚠️⚠️⚠️ Can Mini Dapps Bring Creators and Developers Communities Closer Together?⚠️⚠️⚠️
Mini Dapps offer a unique opportunity to bridge the gap between creators and developers communities. By providing a platform for collaboration and innovation, Mini Dapps can foster a sense of community and drive growth.
1. Co-creation: Mini Dapps enable creators and developers to collaborate on projects, sharing ideas and expertise to create innovative experiences. 2. Low-code development: Mini Dapps' low-code development environment makes it easier for creators to participate in the development process, regardless of their technical expertise. 3. Community-driven: Mini Dapps can be designed to encourage community engagement, allowing creators and developers to interact, share feedback, and learn from each other. 4. Incentivization: Mini Dapps can incorporate incentivization mechanisms, such as rewards or tokens, to motivate creators and developers to contribute to the ecosystem. 5. *Education and resources*: Mini Dapps can provide access to educational resources, tutorials, and workshops, helping creators and developers develop new skills and stay up-to-date with the latest trends.
By fostering collaboration, innovation, and education, Mini Dapps can bring creators and developers communities closer together, driving growth and success for all parties involved.
today 17/12/2024, The crypto world has just been exploded by LDUSD - Elon Musk and Ripple. The visionary behind Tesla and SpaceX has joined the company that powers XRP and RLusd, that surges XRP again over $3, and many experts confirmed XRP pumped up to $4 soon.
Now we will wait for USUAL spot launching tomorrow, this stage will offer an opportunity for everyone in the world to be able to invest in this coin, booming USUAL!!!!🎉🎉 predict x5 x10, x100 x1000 times, we will see!!!
As We can see some last spot launching coins on top 5 markets was amazing, all coins were up to x100 times, keep them longer after the launch could even get more profit, some got up to x50 profits. Recently BTC are also up to 107000usd, this will push all alt coins UP UP.
buying USUAL at the world spot launching to xxxx times profit or not, Decisions are yours. #usual
Click here to join Binance and earn USD rewards!!!