Bitcoin (BTC) is up 12% to $60,720 after a major market crash on Monday. This is the biggest recovery since November 2022, while the total value of the cryptocurrency market has also increased by 12% to $2.12 trillion.
Renowned crypto analyst Lark Davis emphasizes that investor confidence is based on many positive reasons despite market volatility. Davis says that one of the main reasons for this optimism is that recession fears are overblown. Economic indicators such as the strong labor market in the US, the decrease in bankruptcy filings, and the increase in rail traffic indicate that the economy may be more resilient than expected. This economic stability could positively affect crypto markets.
In addition, speculation that the US Federal Reserve (Fed) may cut interest rates early in September could create a positive environment for risk assets by increasing market liquidity. The Bank of Japan's decision to keep interest rates steady supports financial stability in Japan, which in turn strengthens global financial stability.
Increased geopolitical stability in the Middle East is helping to prevent disruptions in global oil supplies, supporting market stability. Interest in spot Bitcoin ETFs is also increasing, with daily purchases exceeding new BTC production, suggesting continued demand and potential for price appreciation.
There are a few important pieces of information that stand out for market participants. First, based on current economic indicators, recession fears are likely to be overblown. Potential rate cuts by the Fed could further increase market liquidity. Increased stability in the Middle East is reducing the likelihood of disruptions to global oil supplies. Strong demand for spot Bitcoin ETFs is outpacing new BTC production. Additionally, FTXâs planned return of $12.7 million worth of cryptocurrencies could increase market liquidity. Global liquidity, supported by central bank actions and increased money supply, is expected to boost asset prices, including cryptocurrencies. The upcoming US elections could also bring stability-enhancing measures and crypto-friendly policies, providing an extra layer of optimism for investors.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will 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 can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to 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 until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who 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.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
