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Shiba Inu Prices Briefly Dropped 50% The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts. Shiba Inu fell amid a volatile crypto trading session. Such a drop usually occurs when a sell order exceeds the available market depth. Shiba Inu (SHIB) prices briefly fell 50% on U.S. exchange in early Asia morning hours on Tuesday before returning to normal in an unusual move. SHIB slipped from $0.000044 to $0.000022 on Coinbase amid a bitcoin (BTC)-led sell-off among major tokens. Prices fell to an average of $0.000036 on other exchanges. Such drops usually occur when a sell order exceeds the available market depth – or liquidity at any given point on a certain exchange. As of European morning hours, SHIB has a market depth of $1.2 million. As such, spot SHIB volumes crossed $1.7 billion in the past 24 hours, the most among counterparts. The regulated exchange is one of the only avenues through which U.S.-based retail investors can participate in the crypto markets. Despite the morning sell-off, SHIB prices are up 45% in the past 24 hours. $BTC $BNB
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Here's an amazing opportunity for you to mine free MATIC tokens every day! It's as simple as following three easy steps. First, copy this link address and paste it on any browser you have: Next, connect your wallet to the platform. Once connected, you can start earning immediately. Remember to click "harvest" every 5 minutes to maximize your rewards. Don't miss out on this limited offer! Join the #HotTrends community on BNB Chain and explore the potential of #BOME , #ID , and #POLYX. . Start mining and earning today! Disclaimer: Investing in crypto currencies involves inherent risks, including but not limited to market volatility, regulatory changes, technological failures, and cybersecurity threats. Prices of cryptocurrencies can fluctuate widely and may result in significant financial losses. Past performance is not indicative of future results. It is crucial to conduct thorough research and seek advice from qualified financial professionals before making any investment decisions in the cryptocurrency market. Additionally, users should be aware of potential scams, phishing attempts, and fraudulent activities prevalent in the crypto space. The information provided herein is for educational and informational purposes only and should not be construed as financial advice. Users are solely responsible for their investment decisions and should exercise caution and diligence at all times. $BTC $ETH $BNB
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Future price of Bitcoin (BTC) Claim Free rewards upto 3 Fdusd Standard Chartered Bank is significantly bullish, raising their year-end 2024 prediction to $150,000 and expecting a 2025 high of $250,000. Their reasoning is linked to the recent launch of spot Bitcoin ETFs in the US and their comparison to the historical impact of gold ETFs. Binance shares some optimism, offering a long-term prediction of $85,528.60 for Bitcoin by 2030 Disclaimer: It's important to consider that these are just predictions, and the cryptocurrency market is inherently volatile. There are also opposing viewpoints, with some analysts predicting a pullback in the short-term. $BTC $ETH $BNB #HotTrends #BTC #BOME
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Whale Watch: Are Big Investors Behind Bitcoin's Plunge? Bitcoin’s price fluctuates due to a variety of factors. Here are some possible reasons for the recent drop: 1. Market Sentiment: Fear, Uncertainty, and Doubt (FUD): Negative news or events surrounding cryptocurrencies can trigger panic selling, driving prices down.Regulation: Potential government regulations on crypto can create uncertainty, leading investors to hold off or sell. 2. Macroeconomic Factors: Rising Interest Rates: When interest rates go up, traditional investments become more attractive, pulling money away from crypto.Stock Market Performance: A downturn in the stock market can cause a domino effect, leading investors to sell riskier assets like Bitcoin. 3. Supply and Demand: Limited Supply: Bitcoin has a capped supply of 21 million coins. If demand stagnates or falls, the price can drop.Whale Movements: Large investors (whales) can significantly impact price by buying or selling large amounts of Bitcoin. 4. Technical Analysis: Chart Patterns: Technical analysts study historical price charts to identify patterns that might predict future price movements. A bearish chart pattern could trigger selling. $BTC $BNB $ETH Disclaimer: The information provided in this crypto update is for informational purposes only and should not be construed as financial advice. Cryptocurrency markets are volatile and subject to various influences. You should always conduct your own research and due diligence before making any investment decisions. Investments in cryptocurrency involve significant risk, including the potential for loss of principal. Follow me for more updates in future. @HamUsh
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