BREAKING NEWS: #Bitcoin 's hash rate hits an all-time high 🚀🚀
Here's what this means:
- Increased Security: A higher hash rate means more computing power to secure the Bitcoin network, making it extremely difficult for any single entity to control more than 50% of the network's mining power, thus preventing attacks.
- Network Health: Indicates a robust and growing network, reflecting strong miner confidence and investment in Bitcoin's future.
- Energy Consumption: A higher hash rate means more energy consumption, which has been the subject of environmental debates.
- Mining Difficulty: With a higher hash rate, Bitcoin's mining difficulty increases, requiring miners to use more efficient hardware or face higher operational costs.
- Market Sentiment: Often seen as a bullish signal, this suggests that miners expect Bitcoin’s value to increase, especially significantly ahead of halving events that reduce the supply of new Bitcoin.
- Attack Cost: The cost of attempting to take over a network increases, which deters potential attackers by requiring a lot of resources.
In essence, Bitcoin’s all-time high in hashrate is a sign of a more secure, more decentralized, and potentially more valuable network, but it also highlights ongoing concerns about energy usage.
⭐What Will Happen to Bitcoin and Cryptocurrencies If the FED Cuts Interest Rates? ⭐ First of all, what did Powell say?
👍Powell said in his statement on Friday; “It is time for policy to adapt” and stated that the timing and scale of interest rate cuts will be shaped in line with economic data and the evolving outlook. “The direction of the trend is clear and the timing and speed of interest rate cuts will depend on the data to be obtained, the developing situation and the balance of risk,” he added.
👍This news was welcomed positively by the cryptocurrency markets. Since digital assets are generally considered risky investments, the support of monetary policy to economic growth can help crypto assets gain value.
👍The FED had aggressively increased interest rates starting in March 2022 to combat high inflation, raising them to 5.25% to 5.50% by July 2023. This rapid tightening was recorded as the largest interest rate hike cycle in US history. High interest rates have driven investors to assets that offer safe returns, such as Treasury bonds.
The point I will draw attention to here is this: 🚀💰If interest rates are lowered, investors are expected to re-focus on riskier assets such as stocks and cryptocurrencies. 💰🚀
Lower borrowing costs can increase economic activity by making it easier for both consumers and businesses to access capital. This increased liquidity generally means higher spending and investment, which can spur rallies in riskier assets such as Bitcoin.
#DYM Current price: $1.75 It held very well at the bottom. The adventure will begin from now on, take your place. New targets: ✅$2.43 ✅$4.95 ✅$6.30 $DYM
The 10K Silkroad Bitcoins held by the US Government have been moved and moved to a new wallet. The recipient wallet has not yet been tagged on the chain, but Whale Alert shows that the wallet belongs to Coinbase. 🤬 No matter how much market-worrying news comes to the market, all of them will come. The result will not change. #btc #bitcoin
#NOT🚀 Current price: $0.012 Very good volume. 🚀 $0.015 will be the first target, 🚀 $0.040 will be the second target, 🚀 $0.085 will be the third target. Follow, Be Informed of Developments $NOT
Let's repeat it hours before we learn the US Inflation data: Expectation for inflation data is 3.0% 2.9% would be good for the market. 2.6%-2.9% would be great for the market, We could see a $2k-3k bullish candle. #Bitcoin #btc
Wait until 15:30 for serious Bitcoin and altcoin purchases. Keep your eyes and ears on the data that will come in the market. Inflation expectation is 3% An inflation data below this level will be considered the beginning of a period in which we will witness a serious increase in the market. So what happens if this inflation data comes in high? If the inflation data comes in high, investors and markets will act cowardly against the possibility of a recession and scare the investor.
My expectation is that the inflation data will come in between 2.7%-2.9%.
As the first step of a beautiful rally, it is imperative that the inflation data comes in low and investors in the market withdraw to the market!
Whatever the result, it will start its journey towards $ #bitcoin 120,000 and no one will be able to stop it!..
💵💵 Make sure to have at least 1 of the meme tokens that will earn between x10-x20 in your safe during this journey. My 3 preferred coins as meme tokens: $FLOKI
IN THE NEAR TIME, THE COINS WE MENTION WILL BE MADE MINIMUM 5x, MANY OPPORTUNITIES WILL START TO COME 💰💵💰💵💰💵💰
🚀My dear friends, in the first bull wave, we had increased our coffers to over 1 Million. The ones who earned the most: #Sol #pepe⚡ #FLOKI✅ and #ar We had them earn money with a serious profit rate and increase their coffers by 4x.
🚀As of now, we are preparing for the 2nd bull wave. My friends who open good transactions in this bull wave will make a big way on the way to financial freedom. 🚀🚀Currently $SUI $TON $RUNE stand out as the coins with the highest earning potential.🚀🚀
Rune Bullish Chart Current price: $3.69 The countdown has begun for Rune. It is only a matter of time before it enters a very serious bull cycle. It is only necessary for it to break through by receiving more than 3 times the 4-hour and daily average volume!
$4.20 is the first point it will go. After closing above this level; It will go to $11-$15 levels very quickly.
$RUNE Allow a little space in your basket for Rune, one of the coins that multiply the cash very quickly.
Today, the time when the markets will be clear will be 15:30. The reason is whether the recession will come or not. The annual inflation expectation is 3%. An inflation data below this level would be positive for the markets. An important day for the markets. #bitcoin will be waiting for this news. An inflation data below 3% would be positive for bitcoin.
#doge⚡ Current price: $0.1055 There is an image that has been approved after the falling breakout. The first run for investors with patience; It will continue until $0.55. $DOGE
#PIXEL Current price: $0.14 Although it is under pressure, there is no longer any room for pressure. A bull cycle can start at any moment with serious buying. $0.32 is the first place it will go. This is one of the coins that will quickly jump over $1 in this bull. $PIXEL
Current price: $1.60 The bottoms have now started to form at the same level and have formed a double bottom image. The real game will continue aggressively after the $2.43 breakout. It is on its way to its old peak. There is no serious resistance in front of it until between $8-10. #dym #doge #shiba⚡ #bonk
#Rune Current price: $3.61 There is an image that has been approved after the break of the big falling line. At this stage, we may witness a period where we will witness aggressive movements in Rune. 🚀🚀There will be a new playground between $11-$15. 🚀🚀
#Bitcoin Daily Current price: 60.583 $ It held on within the channel again upon the reactions from the support and continues to gather strength. The interest rate reduction that will come in the upcoming period will be considered the beginning of this adventure. A new period is coming where we will gain more and more of the stomachache and pain we suffered between 50k-70k $ . It will be a new adventure between $120,000-150,000 $ . #binance #doge #shiba⚡ #bnb
#Abd markets are open. Wounds continue to heal rapidly. Panic sales experienced in fear have turned into buying. Since it is considered certain that #Fed will now make an interest rate cut, the new game plan is being made accordingly. These levels will be considered cheap in the future for the market.