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BTC market Update According to Kaiko research on 9 major exchanges, Bitcoin's 1% market depth has dropped significantly from approximately $150 million on August 1, 2024, to $86 million as of Monday morning, August 5, 2024. This represents a decrease of over 40% in market depth. Concurrently, Bitcoin's price experienced a sharp decline, falling to $49,760, which marks a 10% plus drop in a single day. This price decrease is part of a broader downward trend in the cryptocurrency market, with Bitcoin losing nearly 20% of its value over the past week. Another way to resolve this issue, you can start providing liquidity to the market or buy BTC with your cold currency. #MarketDownturn #CryptoLiquidity #BTCPriceDrop #CryptoTrends $BTC $ATOM $DOGE
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Finally Bitcoin Reserve has been plant to US senate S.4912 - A bill to establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes. Sponsor:Sen. Lummis, Cynthia M. [R-WY] (Introduced 07/31/2024) Committees:Senate - Banking, Housing, and Urban Affairs $BTC $SOL $PEPE #bitcoinreserve #bitcoinstrategic #usbill #senlummis
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Are you ready for recession? The economists at Goldman Sachs have increased their probability analysis about a US recession in the next 12 months from 15% to 25%. Despite this, the risk remains limited given the tools available to the U.S. Federal Reserve. So prepare your emergency fund ASAP and prepare to buy the cheap commodities for the next bull market. #MarketDownturn #recession #useconomy #diamondhand $BTC $USDC $MATIC
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$1.23 Billion liquidation In the past 24 hours, many crypto traders have been liquidated from their long and short positions. The long trades had the highest effect with $971.69M of liquidations and short trades received $261.56M of liquidations. One of the causes is due to a single trader getting a liquidation order on Huobi - BTC-USD valued at $27.00M. To prevent this market downturn and losses, you can start allocating budget and activate your risk management mode. #MarketDownturn #crypto #cryptopanic $BTC $SOL $STX
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Node Nation statement: "Remember those crazy high school days? Were they as fun as this video? Learning #Bitcoin should be fun! It looks like #Nerdminer by @BitMaker_ is doing a great job and kids love it Learning Open Source 👍 Having fun 👍 Mining
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