📊 Over 100 of the top 500 cryptocurrencies are trading belo | satoshi_club on Binance Square

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📊 Over 100 of the top 500 cryptocurrencies are trading below their 2021 lows, with 80 below 2022 bear market levels and 72 below 2023 lows.
Investors appear to be shifting capital towards newer, "more promising" tokens, according to CCData.
#CryptocurrencyInsights #CryptoData #CryptoInvesting2024 #CryptocurrencyTrading #TrendingTopic 

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🚨 JUST IN: $BTC back above 60.000 #Bitcoin #bitcoinprice #BitcoinAlert #TrendingTopic

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#Binance has recently posted an article discussing the upcoming FOMC (Federal Open Market Committee) meeting scheduled for September 17-18, 2024. Here's what to watch and how it could affect crypto: - Possible Rate Cuts: Betting markets see a 70% chance of a 0.25% cut and a 29% chance of a bigger cut of 0.50% or more. - Impact on Crypto: Lower rates can be good for riskier assets like Bitcoin, which jumped 375% between February 2020 and February 2022 when rates were near zero. - Weaker Dollar: Lower rates could weaken the US dollar, making cryptocurrencies more attractive as an alternative. - Bitcoin Halving Effect: The recent Bitcoin halving in April could drive prices up, based on patterns seen 6-18 months after past halvings. - Seasonal Trends: Crypto prices often dip in September but pick up in October, which could be boosted by the expected rate cuts. While many believe rate cuts could help crypto prices rise, others think the good news might already be reflected in current prices. How big the rate cuts are could also affect whether fears of a recession hold back gains. Keep an eye on how this key event plays out! #fomc #ratecuts #Bitcoin #TrendingTopic

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Donald #Trump backed World Liberty Financial has announced plans to debut its own token, $WLFI. The company aims to enter the cryptocurrency space by offering the #WLFI token as part of its financial services platform. The move aligns with Trump's increasing involvement in the crypto sector, following the success of his #NFT collections. #WorldLibertyFinancial is expected to target users looking for innovative financial solutions through blockchain technology. #TrendingTopic

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#Bhutan owns twice as much $BTC as El Salvador. Bhutan's #Bitcoin holdings, estimated at $780 million, have been revealed, with the Kingdom quietly accumulating this wealth through #mining operations. The country, known for its hydropower resources, has leveraged its energy capabilities to mine Bitcoin, adding a significant amount to its national reserves. #BitcoinHoldings #TrendingTopic

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