Bitcoin Dominance Soars to 3-Year High Amid Market Fluctuations*
Bitcoin's market dominance has surged to its highest level in nearly three years, reaching 58% of the total cryptocurrency market value. This spike is attributed to the weakening US dollar and geopolitical tensions, causing altcoins to falter.
*Market Performance*
On Thursday, Bitcoin (BTC) maintained its stance above $60,000, trading at $61,100 with a 1% increase in 24 hours. In contrast, the broader crypto market struggled:
- Ethereum's ether (ETH) dropped 1% - Notable altcoins like Ripple (XRP), Solana (SOL), Avalanche (AVAX), and Render (RNDR) recorded significant losses - Aptos (APT) stood out with a 7% gain after Franklin Templeton expanded its tokenized money market fund to Aptos blockchain
*Shift in Investor Sentiment*
Investors appear to be shifting profits from Sui (SUI), which saw a 110% rise last month. This move reinforces Bitcoin's safe-haven status amidst market volatility.
*Key Takeaways*
1. Bitcoin's dominance reaches 58%, a 3-year high 2. ETH/BTC ratio drops to 0.038, nearing its lowest level since mid-September 3. Altcoins remain vulnerable to external pressures
Avoid investing on June 12 & 13 if you don't want to lose money 😵 Important Economic News: June 12: 1. US Core Consumer Price Index (CPI) by month 2. US Consumer Price Index (CPI) by month 3. US Consumer Price Index (CPI) by year June 13: 1. US Federal Funds Interest Rate 2. Economic Forecast of the Federal Open Market Committee (FOMC) 3. Federal Open Market Committee (FOMC) Statement 4. Press Conference of the Federal Open Market Committee (FOMC) Follow me to update important news! #Binance200M #altcoins $IO Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
#EarnFreeCrypto2024 Here is my prediction for #NOTCOIN. Due to selling pressure, the price of NOTcoin is decreasing because the miners of Notcoin are selling it. However, June is a month when NOTcoin tends to rise. Currently, it may drop to 0.0040, but in June, the selling pressure is expected to decrease, and it will start to rise, possibly reaching 0.01. Therefore, it is advisable to invest in Notcoin at this time. Share your thoughts in the comments about #NOTcoin. #EarnFreeCrypto2024
Five Mistakes you must avoid if you want to Become a Millionaire in the 2024-2025 Crypto Bull Market Are you aiming to become a millionaire in the upcoming crypto bull market? Avoiding these five common mistakes could be the key to achieving your goal: Ignoring Research: Investing without thorough research is a recipe for disaster. Take the time to understand the projects you're investing in and their potential for growth. Overtrading: Constantly buying and selling can lead to high fees and missed opportunities. Instead, focus on quality investments and hold them for the long term. FOMO Buying: Fear of missing out can lead to impulsive decisions. Stay disciplined and stick to your investment strategy, even when others are making quick profits. Ignoring Risk Management: Investing more than you can afford to lose is a dangerous game. Always have a risk management strategy in place to protect your investments. Lack of Patience: Rome wasn't built in a day, and neither will your fortune. Stay patient and trust in your research and strategy, even if the market isn't moving as quickly as you'd like. By avoiding these mistakes and staying focused on your goals, you can increase your chances of becoming a millionaire in the 2024-2025 bull market Happy trading and good luck , as you begin your journey to make your first $1,000,000 Remember to like follow, like and share
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📊📊🔊 CREAM COIN important update🚥. Why CREAM coin pumping can it pump more or Not ??? 👉 Follow and Like please 👈 Disclaimer : This post is only for the education purpose. This is not any financial advise. Do your own research also. 🚨CREAM coin rapidly pumped in the last few hours . In the charts u can see that at the 4h timeframe it gives the bigger Candles and moves upto 65% almost which is quite impressive momentum. ⚠️Why this coin move so much because there are Whales open trades on this Coin and also It's an Alt coin now it is at his peak. If u are thinking to take trade then it's wrong because it's already pumped much. Now snerio is looking like pumping but it's enough pumping book profit is good now this time because don't take risk. It's already touch his highest point... ✅60% plus profit in spot Trading within 24 is quite amazing over the investment. You can also capture trade like this u just need good expertise and signals guidance. 💁♂️If u want to earn like this and want guidance and signals on daily base then i can help u. you just need to Follow me and leave ur wtsp kontact in the comments i will definitely guide u from today 💯🤑. If u like the content the show ur support with 1$ to 10$ TIp 🙂. #CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #BlackRock $CREAM Cream BNB NOT
What Are #LightningNetwork Wallets? A #LightningNetwork wallet allows users to make and receive payments via the Lightning Network, commonly referred to as Bitcoin’s Layer-2. It enables fast and cheap Txns. on #Bitcoin through the use of channels and Lightning nodes. Nodes – A Lightning node is required to perform transactions on the Lightning network. ...⚡ How Do Lightning Wallets Work? It is a well-known fact that Bitcoin has a scaling problem. This makes it a less-than-ideal choice for a global payment despite the super-tight security and value retaining features. It wasn’t until the emergence of the Lightning Network, introduced by Thaddeus Dryjo & Joseph Poon in a white paper, that gave Bitcoin a shot at overcoming the issue of scalability. Best Bitcoin Lightning Wallets:- 1- Wallet of Satoshi 2- Breez Mobile 3- Zap Wallet 4- Phoenix wallet 5- Zeus Wallet 6- Bitcoin Beach Wallet (Blink)
#Which trending AI tokens are on your watchlist?# Asset manager Grayscale withdrew its application for futures Ethereum ETF without waiting for the SEC to make a final decision on May 30. Crypto the turbulent process in the money market continues. leader cryptocurrency Bitcoin (BTC) has lost the $64,000 level, which is a major support point. Ether (ETH), the pioneer of altcoins, retreated back to the $3,000 region with the effect of the news flow. An interesting move came from asset manager Grayscale the other day. Grayscale withdrew its application for futures Ethereum ETF. The U.S. regulator, SEC, was due to make a final decision on the application on May 30. Grayscale's move has taken crypto experts by surprise. Why did Grayscale withdraw its application? Grayscale, a Spot Bitcoin ETF issuer, has dropped its application for futures Ethereum ETF, creating a bombshell effect on the agenda. With the price of Ether (ETH) fall, it has become a matter of curiosity why the application was withdrawn. On May 7, the asset manager notified SEC of the withdrawal of Grayscale Ethereum Futures Trust. The asset manager had filed this application on September 19, 2023. Had it been approved, it would have been listed on the New York Stock Exchange. Bloomberg ETF analyst James Seyffart called Grayscale's futures Ethereum ETF application a "trojan horse." According to Seyffart, the asset manager would persuade SEC to Ethereum ETF spot once the futures ETF was approved. Seyffart speculated that SEC had already discussed this issue with Grayscale, and that the rumors prompted Grayscale to retreat. According to the SEC's schedule, a final decision on spot Ethereum ETF applications will be made on May 23. The official decision on Grayscale's forward Ethereum ETF application was on May 30. IT IS NOT INVESTMENT ADVICE. #buythedip #altcoins #altcoins
‼️ Listen Guys ‼️ For Spot holders Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish, You are already down, if you close your trades and sell off, you will end up regretting, Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine, For Future holders Well you signed up for this, so it means you have nerve to go through this short term pain, You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on. I am bullish on you. 🤝💸💸#HKETF #BitcoinETFs #fomc
🚨What happened in Crypto in the last 12h?🚨 • Justin Sun has said that an Ethereum ETF will not be approved in May, but he recently bought over $600M more $ETH . • #TrustlessState #sassal0x has hinted Eigenlayer is rumored to be coming this week. $ETHFI (Top beneficiary) • $EWT - #MiyaHedge published research on the connection between #energywebx and BlackRock. *Not an official announcement. • $LDO - Lido some Paradigm related rumors going around. New token with a part airdrop to the holders and something restaking related. (Source #QuantMeta, authenticity unclear) • $NAKA - Nakamoto games planned to launching a new P2E game and will reveal new assets for the #NAKAVERSE 2.0. • $MEME - According to #Token_Unlocks, a massive unlock of $MEME is scheduled for May 3rd. (Worth of $150M) • $MSN - Meson network announced that its Staking feature is coming soon. • $PUPS - The PUPS team has been testing the Runes migration over the weekend. The migration will result in a 1:100 token split, followed by a listing on CEXs. • $RLB - $RLB on Solana migrate to Ethereum on May 1. After May 1st, any remaining RLB on the SOL network will be burned. (ICYMI) • $SUI - 826M SUI (8.27% of Max Supply) is scheduled to unlock on May 3rd. • $VANRY - Vanar chain has announced the imminent mainnet launch campagin and plans to reveal new partnerships and adoptions this week. • $XTZ - Tezos has announnced it will release news about Manchester United in the next 24 hours.
Can you achieve financial freedom by quitting your current job and working in the cryptocurrency industry full-time? Don't listen to the nonsense, working in the cryptocurrency industry full-time is a dead end The cryptocurrency industry can only be part-time... There are only two outcomes for full-time work: 1. Good luck, lose all your pants 2. Bad luck, spend the rest of your life in prison At present, the cryptocurrency industry has not yet provided you with a stable job. To a large extent, the web3 you think is high-end may be to go to Southeast Asia to become a dog pusher, be careful. Some people will say that I am a full-time cryptocurrency trader... That is even more nonsense. There are four ways to make money in the cryptocurrency industry: issuing coins, wool, DUBO, and hoarding coins. Which one would you choose? Issuing coins requires strength, wool depends entirely on luck, gambling will return to zero sooner or later, hoarding coins requires patience... Before you fully understand the situation in the cryptocurrency industry, it is not recommended to enter the market full-time. Strictly speaking, the cryptocurrency industry is only suitable for part-time work for most people. Don't take a successful speculation as your investment level, it will kill you. More people who play short-term contracts, rush to hot spots, and bet a hundred times have become the souls under the knife of scammers. The best way to participate in web3 is to hoard coins online and work offline. The underlying logic of this society is to work to earn, not to block to earn.... wake up
If you like spot, want to roll funds together, and hoard bull market spot Click on the avatar, follow me, share for free, and wait for you in the circle! In the current ups and downs of the market, blindly working alone will never bring opportunities! ! !
$BTC #HotTrends #ETH #BTC What i have learnt in 5 years of my crypto experience 1) Never FOMO in. 2) Never Buy on first day of listing , i bought DODO and got rugged. 3) Technical analysis can go in vain. it's all about whales. we are shrimps. 4) control your emotions 5) don't lock your assets 6) distribute your portfolio with 70% coins in top 20 and rest 30% other alts memes etc .. 7) Focus on one influencer whom u like and relate and follow his signals. don't go for others. you will get confused 8) always keep usdt for dips. never spend all usdt in one dip. 9) find coins in which community distribution is strong and team has less than 10% of coins so that they cannot manipulate price. 10) lastly , don't put your lifetime savings in here. it can literally go to lows any day. it is backed by nothing . $BTC #Write2Erarn #write2earn #HotTrends #sol #DOGE #BullorBear #Token2049
What will happen now that Bitcoin halving is over? 😱 Bitcoin new price. When a Bitcoin halving occurs, the block reward for miners is cut in half, reducing the rate at which new bitcoins are created. After halving, there's usually anticipation in the market, and historically, it's often been followed by increased attention and sometimes upward price movements due to reduced supply. However, market reactions can vary, and it's influenced by various factors such as demand, investor sentiment, and macroeconomic conditions. Follow for more updates #bitcoinhalving #Megadrop #Token2049 #BullorBear
A Whale withdrew 800 BTC worth $52.84 million from CEX in the past 5 hours According to Lookonchain monitoring, a giant Whale withdrew 800 BTC from CEXs in the past 5 hours, worth $52.84 million, and the Whale sold 4,556 Bitcoin, worth about $302.3 million, between March 15 and March 22. #Token2049 #Memecoins #BullorBear #bitcoinhalving
#bitcoinhalving What will be happened next. Halving is finished now what will $BTC do next. in many minds one question rise that halving 2024 is ended but BTC doesn't show any reaction its not go up nor down so what is the reason so let me clear this. After Halving BTC adjust itself and maybe BTC go up and touch its ATH which will be around 80k and all coins with BTC go up but after touching its All time High (ATH) then it will suddenly going down to around 50-40k and it will liquidate all long traders who think that BTC will go further up. My Advice is that don't buy any trade for 2 days just research on Market and after stabilizing all market then buy a trade and get a handsome profit. You know that Something is better than Nothing so dont loss your money by a fake Bullish trend just do your own research before buying something in Crypto. #Write2Earrn #bitcoinhalving #Megadrop #Memecoins #SHIB
In 1929 the stock market crashed 90% In 1973 the stock market crashed 50% In 1987 the stock market crashed 35% In 2008 the stock market crashed 55% In 2020 the stock market crashed 35% And recovered to all-time highs each and every time. Since 1926, the stock market has returned an average 10.5% per year. Never let short-term fear control long-term decisions. - Stay updated with Professor Mende#Megadrop #bitcoinhalving #BullorBear
Ok guys ! lets write down my thoughts ! People saying these days that $BTC is down and #Altcoins is down etc etc! most of them saying Do not touch the market or save your #usdt. These guys are the exact guys that will only tell you to buy when there is green in the market! Ok lets recap and hear my advice. If you want to make money in this market you have to counter trade your feelings ! yeah might drop more(then scoop more) but the main deal in markets in general is to buy when there is blood and not when there is huge green candles! For me is Dca/buy all these dips for the next months! Follow and lets bring more 🧠 in our heads! $BTC $ETH #bitcoinhalving #Megadrop #Memecoins #BullorBear