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Bitcoin ($BTC ) is currently trading around $58,681 with a 24 hour trading volume of approximately $24.43 billion. The crypto market has been relatively stable in recent weeks, but a major breakout is expected soon as the U.S. Federal Reserve is anticipated to lower interest rates in two days. This shift in monetary policy could trigger a significant price surge for Bitcoin and the broader cryptocurrency market. Historically, lower interest rates have been beneficial for riskier assets like cryptocurrencies, as they reduce the opportunity cost of holding non yielding assets and boost liquidity in financial markets. This expected rate cut could propel Bitcoin towards its next major resistance level at $65,000, leading to increased market confidence and potentially sparking a broader crypto rally. Bitcoin has already gained over 7% in the past week, and bullish sentiment remains strong across social platforms. Analysts are watching for a continuation of this upward momentum, which could fuel the next leg of the bull run, benefiting altcoins as well. All eyes are on the Fedâs decision, which could serve as the catalyst for a major breakout in the crypto market. #btc #BullRunAhead #altsesaon
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đ Hidden Gem: SUKU đ $SUKU, a hidden gem in the crypto market, is poised to reach new all time highs as market conditions align in its favor. As Bitcoin continues its pump, the entire crypto market is benefitting from increased interest & capital inflows. Historically, when $BTC surges, altcoins follow suit, often amplifying gains for smaller, high potential projects like SUKU. SUKU stands out as a blockchain ecosystem designed to improve transparency and authenticity in supply chains & marketplaces. It leverages blockchain technology to bridge gaps between businesses and consumers, providing verified data on product origins, sustainability, & authenticity. As the demand for transparent supply chains & ethical sourcing grows, SUKU's platform becomes increasingly relevant, making it a solid bet in the crypto space. âš Here is a summary of SUKU's key statistics as of Now: Current Price: $0.067 All Time High: $1.58 Total Supply: 1.5 billion tokens, with a circulating supply of 325 million Market Cap: $12.55 million 24 hour Trading Volume: Around $1.06 million Chain: SUKU is built on $ETH Current Rank: Ranked #935 by CMC. With the US Federal Reserve signaling potential rate decreases, liquidity is expected to flow back into risk on assets like crypto currencies. Lower interest rates historically lead to greater investment in crypto, as traditional safe haven assets become less attractive. This dovish stance by the Fed would likely boost market confidence & spur a broader rally, fueling a bull run across the crypto landscape.As the crypto market prepares for a bullish phase, SUKU, with its unique value proposition & growing adoption, could see exponential growth. Its low market cap relative to its potential means there is plenty of room for upward movement. If $BTC continues its ascent and the broader market benefits from the Fed's policies, SUKU is well positioned to ride this wave & potentially reach new all time highs, offering significant returns for early investors. #SUKU #Web3Payments #BTC #BullMarket2025
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đš $PEPE Price Update đš As of today, September 14, 2024, the price of PEPE is around $0.0000072. This marks a significant dip of nearly 60% from its all time high of $0.000017 in May 2024. However, despite this drop, some market analysts believe PEPE is in a consolidation phase and could be primed for a breakout. A large purchase by a whale earlier this month, acquiring nearly $2.17 million worth of PEPE tokens, has sparked speculation about a potential upward rally. I'm predicting that $PEPE may climb by 20% in the next coming days, potentially reaching $0.000011. The Bullrun is imminent to start soon, as $BTC returned to the 60K area & expected to keep pumping. Get ready for the volatility đ„ #PEPE #BTC #BullRunAhead
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đš Breaking Crypto News đš #Bitcoin is retesting the lower band of support from the bull flag! As of today, September 7, 2024, $BTC is trading at approximately $54,550. The price has been volatile recently, experiencing a drop to $52,530 before recovering slightly. This decline was driven by weaker than expected U.S. jobs data, which has increased concerns about a potential economic slowdown. As a result, investors are avoiding riskier assets like Bitcoin. Additionally, Bitcoin ETFs have seen significant outflows, particularly in the U.S. market, where $211 million was withdrawn over the past few days. This signals a broader weakening of investor sentiment, which has contributed to the downward pressure on BTC's price. On the technical side, Bitcoin remains highly influenced by broader macroeconomic factors, and the market could see continued volatility if the economic outlook does not improve. đż Altcoins đż $ETH is up around 2% at a price of $2,280 as we expect a small recovery in a couple of hours. $DOGE is up 3.5% today reaching $0.095. đ„ Futures Trading đ„ Be very careful as BTC is at a Critical Support Level and can jump any time. Make sure you use a stop loss in every trade as the market will soon recover. Follow and like for MORE exclusive Content đ„ #USNonFarmPayrollReport #PowellAtJacksonHole #altsesaon
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