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đ Bitcoin's New Wave: Over 1,000,000 BTC in 9 Months! đ€Ż In just 9 months, new investors have scooped up over a million BTC. What's fueling this massive influx? đ âą Institutional Interest: #BTC ETFs and big players are betting big. đŒ âą Bitcoin Halving: Reduced supply, increased demand dynamics. đ âą Market Recovery: After a dip, $BTC showing strong recovery signals. đ âą Adoption Surge: More places accept Bitcoin, boosting trust and utility. đ These new entrants might be onto something with #Bitcoin potential for growth. Are you ready for what's next? đ€
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$BTC will soon be sitting at $100K, and many of you will be kicking yourselves for not getting in before the crazeâŠ
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2024 Crypto Pulse: Mid-Cycle Highs or Major Peaks? đ Current market vibes are reminiscent of the 2019 mid-cycle highs, not the euphoric peaks of 2017 or 2021. đ With new #investor wealth plateauing and short-term holders feeling the pinch, yet minimal overall losses, are we at a turning point? đ€ This could #signal a pivot in the market cycle, potentially setting up for a significant move. Will it be a mid-cycle correction or something more? #Crypto
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Ethereum's Gas Fees Plummet to 2020 Levels This Summer đ The cost of transactions on the #Ethereum network has dipped to its lowest since early 2020, mirroring the gas prices from before the #DeFi boom. This significant drop could be đ for users but raises questions: Is it because $ETH is becoming more efficient with scaling solutions like L2s, or does it reflect less activity on the network? đ€ Lower fees are definitely a plus, but might they hint at a cooling in the Defi or #NFT sectors?
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Tether generated more profit than the world's largest asset manager #Blackrock . #USDT
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