#MarketRebound market going to recoverd after Trumps Whiteho | Jitendra on Binance Square

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#MarketRebound market going to recoverd after Trumps Whitehouse entry and 2025 starting. this time selling pressures due to Christmas  shopping and new year celebrations.

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#BinanceMegadropSolv Launched in 2020, Solv Protocol is a Bitcoin staking platform that plans to develop a Bitcoin-native financial ecosystem by offering staking opportunities to holders of the leading digital asset, which currently has a market cap approaching $2 trillion. The project has been backed by Binance Labs and other notable VC firms, including Nomura’s Laser Digital, Blockchain Capital, and OKX Ventures, among others, in a $11 million strategic funding round held in October last year.

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#BitcoinHashRateSurge Bitcoin's network hashrate, which measures the total computational power securing the blockchain, has recently reached unprecedented levels. On January 3, 2025, it peaked at over 1,000 exahashes per second (EH/s), marking a significant milestone in the cryptocurrency's evolution. Historically, there has been a positive correlation between Bitcoin's hashrate and its price. As of January 6, 2025, Bitcoin is trading around $99,534, showing a 1.73% increase from the previous close. This upward trend aligns with the recent hashrate surge, suggesting that increased network security and miner confidence may be contributing factors.

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