Bitcoin has experienced a significant increase of 17% in the last week, and in this process, the cryptocurrency reached a six-week high of over $ 68,000 on July 22.
This rally is due to the market sentiment turning from negative to positive with a move above the $61,133 level. As of July 22, the significant increase in Bitcoin's price is attributed to the positive change in market sentiment. According to industry research firm 10x Research, Bitcoin's rise above the $61,133 level, turning market sentiment positive, was supported by price increases and positive momentum due to retail trading, especially on weekends.
Last week, cryptocurrency markets witnessed significant inflows of $3.3 billion from net liquidity outflows. Futures, stablecoins, and spot Bitcoin ETFs have largely driven this positive trend. Notably, spot Bitcoin ETFs showed strong investor interest, with inflows of $1.24 billion in five trading days.
While Bitcoin has made impressive gains, Ethereum has only gained 4.5% over the same period. Anticipation for spot Ethereum ETF trading to begin on July 23 also contributed to overall market optimism. Additionally, speculation that China would take a more positive approach to cryptocurrencies, using Hong Kong as a testing ground, further buoyed the market.
In South Korea, in particular, the proposal to postpone crypto taxation until 2028 has triggered speculative trading. In the US, last week's lower-than-expected CPI inflation data provided the basis for Bitcoin prices to form a bottom after a significant decline. Additionally, political events such as the assassination attempt against Donald Trump and President Joe Biden's withdrawal from the election race also positively affected the market sentiment.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
