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Btc will turn to dust.
Btc will turn to dust.
Investidor Matuto
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šŸšØ Bloody day in the markets! šŸ’„

šŸ“‰ More than $$ 1.50 trillion was wiped out of the US stock market today, reflecting strong global risk aversion.

šŸŖ™ In the cryptocurrency market, the pressure was intense:

$$ 310 million in liquidations so far, mainly affecting longs, with rapid drops and volatile movements.
āš ļø Reasons behind the fall:

Stricter talk from the Fed about interest rate cuts.
Persistent inflation and signs of economic slowdown.
Profit taking after weeks of optimism in the markets.
šŸ’” Why does this matter?
Risk sentiment in traditional markets directly impacts Bitcoin and other crypto assets, which are considered more speculative. The movement suggests a possible repricing of assets amid economic uncertainty. šŸ”® What to expect next?

Volatility is expected to continue in the coming days, with investors keeping an eye on economic data and new statements from the Fed.

In crypto, key support levels may be tested, but buying opportunities arise for those looking for the long term.
And you, are you going to run or take advantage of the market promotions? šŸ‘‡#Bitcoin#FinancialMarket#Cryptocurrencies#Sellings#Interest#Inflation#Investments#BearMarket
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