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#Write2Earn #TrendingTopic #TradeNTell #BTC $BTC $BNB $XRP BTC Price Records 26-Month High! $60K Next Stop For Bitcoin? The market leader, Bitcoin, has displayed a massive price action over the past few hours by adding over 10% to its valuation, resulting in it successfully achieving its $56,000 mark. Recently, the bulls successfully broke out of the resistance level and recorded a jump of approximately 10%, breaking out of multiple resistance levels. Further, the price has recorded a 26-month high, indicating a massive bullish sentiment for the leader in the crypto market. If the market continues to gain momentum and pushes the price above the resistance level of $57,224, the bulls will regain power and prepare to test its upper resistance level of $60,000 this week. Conversely, if a trend reversal occurs, the bears will lose momentum and fall to test its support level of $54,501 soon. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $50,337 in the coming time.

#Write2Earn #TrendingTopic #TradeNTell #BTC $BTC $BNB $XRP BTC Price Records 26-Month High! $60K Next Stop For Bitcoin?

The market leader, Bitcoin, has displayed a massive price action over the past few hours by adding over 10% to its valuation, resulting in it successfully achieving its $56,000 mark.

Recently, the bulls successfully broke out of the resistance level and recorded a jump of approximately 10%, breaking out of multiple resistance levels. Further, the price has recorded a 26-month high, indicating a massive bullish sentiment for the leader in the crypto market.

If the market continues to gain momentum and pushes the price above the resistance level of $57,224, the bulls will regain power and prepare to test its upper resistance level of $60,000 this week.

Conversely, if a trend reversal occurs, the bears will lose momentum and fall to test its support level of $54,501 soon. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $50,337 in the coming time.

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#Write2Earn #TrendingTopic #TradeNTell #BTC #USDT. $BTC $BNB $ADA Tether Minting Fuels Bitcoin Price Surge: Correlation or Coincidence? Bitcoin has surged beyond $65,000, paralleled by the Tether Treasury’s issuance of an unprecedented 1 billion USDT. This alignment sparks conversations within the crypto community, given Tether’s historical connection with notable upswings in Bitcoin’s value, prompting renewed discussions on its potential impact. Renowned crypto investor LordBright stirred the conversation, asking the community in a post: “$1,000,000,000 USDT got minted. Which coin are they planning to pump?” This question adds to the intrigue surrounding the significant injection of Tether into the crypto market. Tether’s CEO, Paolo Ardoino, addressed the speculation, clarifying that the newly minted $1 billion USDT is reserved for future issuance requests and chain swaps. This authorized but not issued transaction serves as inventory for upcoming needs. Additionally, Tether achieved a significant milestone, crossing the $100 billion market capitalization mark, reflecting a 9% year-to-date growth. Tether’s dominance in the stablecoin market, with over 70% market share according to DefiLlama, is further solidified. However, Tether’s growing market cap and dominance have caught the attention of JPMorgan analysts. They express concerns about potential issues related to regulatory compliance and transparency, highlighting the need to address these matters in the digital currency world.
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