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$BTC
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$BTC btc down people like that đ
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$PEPE Pepe Coin is currently trading at $0.00000845 after losing -9.46% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.51% in the next 7 days and reach $0.00001257. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00002253 1 year from now, which would represent a 166.29% PEPE Price Prediction based on Worldwide Money Flows Comparing the size of the cryptocurrency market to the money supply can provide an interesting perspective. The predictions in this section are based on comparing the total cryptocurrency market cap with the size of different money supply types: M0, M1 and M2. If a greater percentage of money flows into crypto, Pepe Coin would likely be worth the indicated amount (assuming it maintains its current market share). The M0 money supply is the total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency. Currently, the total cryptocurrency market cap is at 24.39% of the M0 money supply. If the crypto market cap were equivalent to 32% of the M0 supply and Pepe Coin had the same share of the cryptocurrency market as today, PEPE would be trading at $0.00000184.
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$BTC The latest price for one Bitcoin/BTC coin is $60,482. It's down by -0.70% in the last 24 hours. 52.87% of days, the price of BTC closed above the opening. The maximum price ever recorded in our base for one BTC is $72,689, it was and 4 Months ago, currently price is down by -16.79% from that high. From a total of 17 technical indicators, 3 calls to buy, and 10 to sell, the prediction sentiment short-term is bearish based on technical price analysis. The first major uptrend resistance for BTC is at the $62,441 level, it needs to close above that level to continue to move higher, and bottom support sits at $60,316. So if the price falls below $60,316, we may see the price go even lower. On the other hand, if it will be able to close above the $62,441 level, it can go up to the next resistance level at $65,026. The 14-day relative strength index (RSI) is currently at 36.34, indicating Natural conditions in the market without being oversold or overbought. Similarly, the weekly chart's relative strength index (RSI) is at 63.48, also indicating natural conditions in the market
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Oof, the deep freeze has hit the crypto market AGAIN! The recent bloodbath on Satoshi Street has affected all crypto assets, with Bitcoin dropping nearly 20% from its $70,000 high and many altcoins falling by 50% or more. This sharp decline is due to several factors converging to create a perfect storm of market troubles. We seek to answer your major question, which is: why the decline? Key Factors Behind the Crypto Sell-Off Geo-Political Tensions Geopolitical tensions are having a significant impact on the market, with rising conflicts affecting investor confidence. As these issues escalate, they create additional challenges for the cryptocurrency market, further destabilizing it. Market in Recession Fear Grip Fears of a recession are another crucial factor. Economic indicators suggest a potential downturn, leading investors to become more cautious and sell off various assets, including cryptocurrencies. The Sahm Rule Recession Indicator has surpassed the 0.50 threshold, historically indicating the beginning of a recession in the U.S. economy. Global Impact of the Yen Unwind The recent drop in the crypto market is partly due to the Bank of Japanâs decision to raise interest rates from 0% to 0.25%. This is the first rate hike in years, increasing the cost of maintaining leveraged investments funded by cheap yen. As a result, investors have fewer funds to invest in crypto assets, causing instability across financial markets.
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