Recently, Bitcoin (BTC) and the general cryptocurrency market have seen a remarkable recovery ahead of the US Consumer Price Index (CPI) inflation data. The price of Bitcoin increased by 3%, approaching $61,000 after investors closed their active short positions. One of the main reasons for this recovery is the $2.5 billion inflow of stablecoins into the market in the last week.
According to the latest data, stablecoin issuers such as Tether and Circle have increased their supply of USDT and USDC. Data provided by 10X Research reveals that institutional investors are preparing to inject new capital into the cryptocurrency market. This is thought to be one of the reasons for the wave of short positions in Bitcoin.
Another important factor in Bitcoin’s recovery is the increasing institutional demand for spot Bitcoin ETFs. Goldman Sachs announced in its second quarter statement that it invested $418 million in spot Bitcoin ETFs. This development confirms the increasing institutional interest in the cryptocurrency investment class.
10X Research stated that capital flows have been stalled since April 2024, causing a correction in the Bitcoin price. However, thanks to the increasing supply of USDT and USDC, this stagnation has ended and a revival has been observed in the cryptocurrency market. In particular, Tether has printed more than $ 1 billion in USDT in the last 24 hours and transferred them to centralized exchanges, supporting this situation.
Alongside Bitcoin, a similar upward movement is also seen in the altcoin market, led by Ethereum. The current market recovery seems to be directly related to the revival in liquidity flow.
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 I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.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.
