$BTC should sustain the resistance over 60K today ! before | Shani YT na Binance Square

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$BTC  should sustain the resistance over 60K today ! before #CPIdata 
- During CPI report if Bitcoin gets level till 61800 and it will PUMP for sure ! - 62K + 

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Spot Bitcoin ETFs See Largest Outflows Since May 1, Totaling $287M! - $ETH As reported, digital asset investment products faced significant outflows last week, with a total of $305 million exiting the market. The trend reflects a broader wave of negative sentiment that has gripped the cryptocurrency market across various regions and providers. The primary catalyst behind this downturn appears to be stronger-than-expected economic data from the United States, which has reduced the likelihood of a 50-basis point interest rate cut by the Federal Reserve. Bitcoin was at the center of this exodus, experiencing outflows totaling $319 million. However, not all Bitcoin-related products suffered. Short Bitcoin investment products, which profit from declines in Bitcoin’s price, saw their second consecutive week of inflows, amounting to $4.4 million. Ethereum, the second-largest cryptocurrency by market capitalization, also saw negative sentiment manifest in outflows, with $5.7 million leaving the market. Trading volumes for Ethereum stagnated, reaching only 15% of the levels observed during the U.S. ETF launch week. The week also saw significant price movements in major cryptocurrencies. Bitcoin closed the week at approximately $57,300, a 10.8% decline from the previous week’s close of around $64,220. Ethereum also faced a challenging week, closing at around $2,425, down 11.7% from the previous week’s close. #Write2Earn

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#MarketDownturn and Market Trend; $BTC begins a major downtrend causing a broad-based drop in altcoins. US stocks crash, potentially forcing a rate cut in September. For the first time in recent years, Warren Buffett sells off his US stocks. Market Hotspots: 1. Bitcoin is plummeting, with the weekly chart forming a downward-facing bell mouth. The current trend is similar to 2019 when the bull market started again half a year after the last rate cut. The rate was cut in July of 2019 until April 2020, with the first-rate hike in March 2022. The Bitcoin price surged from the March 12 in 2020, around half a year after the rate cut, and likely ended in November 2021, roughly half a year ahead of the rate hike. 3. $SOL L ecosystem's $JUP token is surging. JUPITER is a SOLANA's DEX which has decided to reduce its token supply by 30%. 4. $HARRIS is on the rise. Both Harris and Trump have a similar chance of winning the election, but the market cap of $HARRIS is 10 million units while $TRUMP is at 200 million units - a 20-fold difference.

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Najnovšie správy

Bitcoin Falls Below $57,000 Mark

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Multicoin Capital Predicts Significant Growth For Drift Protocol

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Smart Money Sells 5041 ETH, Gains $227,000

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Bitcoin(BTC) Drops Below 57,000 USDT with a Narrowed 0.22% Increase in 24 Hours

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Multicoin Capital Accumulates Significant DRIFT Positions

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