The crypto market experienced another shocking moment. Bitcoin briefly fell below the 60,000 USD mark, Ethereum fell below 2,900 USD, and the arm wrestling between Harris and Trump became increasingly intense. People generally believed that the elderly could not beat the young, and some people joked that Trump's bullets were in vain.

There is a striking piece of news that may have been overlooked. The Bitcoin Reserve Act has been formally submitted to the US Congress and submitted to the Senate Banking Committee for review. This is Trump's proposal on Bitcoin reserves. Despite the continued volatility of the market, the number of Bitcoins withdrawn from exchanges by whales has reached the highest level in 9 years. In July alone, large holders increased their holdings by 84,000 BTC, the fastest rate of Bitcoin withdrawal from exchanges since 2015, similar to the period when the BTC price bottomed out at around $220.

In fact, the rapid decline of the crypto market in the bull market is a precursor to bottoming out, which can be seen from yesterday's market volume ratio and trading volume. It is recommended to pay more attention to the changes in the news and ambush in advance. KP92877 exchange, the crypto market under the new pattern in 2024 is a means of operating by making waves to earn price differences.

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