Trading on Binance requires good strategies and careful capital management. Here are some important tips for successful trading: 1. Understand the basics of trading Learn about cryptocurrencies: Before trading, study the cryptocurrencies you want to invest in (such as Bitcoin, Ethereum, etc.). Understand the market: Cryptocurrency trading is based on supply and demand, and volatility is high compared to traditional markets.
Bitcoin surges$BTC : Bitcoin continues to make strong gains, approaching the $100,000 barrier amid strong investment flows into Bitcoin ETFs, which have recorded record inflows of $1 billion in recent days
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Ethereum weakens$ETH against Bitcoin: Ethereum has seen a significant decline in outflows from its spot funds for six consecutive days, indicating a shift in investor interest toward Bitcoin and other currencies
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Regulatory developments in the United States#USA : The market has seen major changes with the resignation of the US Securities and Exchange Commission Chairman ahead of the inauguration of Donald Trump, who is expected to push new regulations that could boost the use of cryptocurrencies in the banking sector
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Altcoin performance: The meme coin “FLOKi” $ has seen a significant increase in trading volume recently, while Solana has maintained its strong performance in the market