The Shadow of the Market
Since the Chairman of the Federal Reserve, Jerome Powell, announced that "a rate cut is expected next year," this news has triggered intense turbulence in the cryptocurrency market! Bitcoin fell from a high of $102,800 to a low of $92,232, a drop of 10.3%. Although there was a small rebound over the weekend, with the price rising to $95,222, it still cannot escape the shadow of the market.
Analysts at Bitwise point out that this risk-averse sentiment may persist for some time, and Bitcoin may see further declines in the coming weeks, but it could also be a good opportunity to buy the dip! Another investment director mentioned that this market correction is actually "the natural clearing of leverage," and in the long run, the crypto market remains vibrant, like an eagle waiting to spread its wings!
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With the number of holders exceeding 16,000, p⃯⃑u⃯⃑p⃯⃑p⃯⃑i⃯⃑e⃯⃑s⃯⃑ is welcoming unprecedented opportunities! Let us join this vibrant community and witness how it soars in the digital world, injecting more positive energy into society! Every little dog is a symbol of change, allowing love and hope to flow freely in the virtual world, filling our future with laughter and warmth! 🌟🐶✨
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