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In the cryptocurrency market, Bitcoin has once again surpassed $100,000, with an appreciation of over 4% in the last 24 hours, driven by US macroeconomic data that favored the recovery movement. On the 4-hour chart, Bitcoin has been recording higher highs and higher lows over the past few weeks, forming a relatively narrow rising channel.
If the lower line of this pattern is broken, it is possible that the price will fall to the support region of $90,000. However, considering the current situation, this pessimistic scenario seems unlikely.
Despite Bitcoin's slow recovery to the $100,000 level, the sentiment in the futures market remains cautious.
If the lower line of this pattern is broken, it is possible that the price will fall to the support region of $90,000. However, considering the current situation, this pessimistic scenario seems unlikely.
Despite Bitcoin's slow recovery to the $100,000 level, the sentiment in the futures market remains cautious.
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Brazil has recently faced several economic challenges, including fiscal deficits, rising inflation and high interest rates. In addition, the Brazilian real has fallen to a historic low, trading below R$6 per dollar, reflecting market concerns about the country’s fiscal discipline. These factors indicate that the Brazilian economy is not in a prosperous phase.
A review of the annual performance of the main Brazilian indices shows that the market has reached a peak and is beginning to show signs of decline. In an unfavorable global scenario, marked by economic slowdown, trade conflicts and geopolitical crises, the Brazilian economy is struggling to survive.
A review of the annual performance of the main Brazilian indices shows that the market has reached a peak and is beginning to show signs of decline. In an unfavorable global scenario, marked by economic slowdown, trade conflicts and geopolitical crises, the Brazilian economy is struggling to survive.
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The crypto slump was driven by a combination of factors, including doubts about interest rate cuts in the US, which increased risk aversion among investors. In addition, there were significant outflows from Bitcoin spot ETFs in the US, totaling around US$20,460,072,155,900 million, further worsening the situation in the crypto market.
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Guys, these are my cryptocurrencies.
I have 100 reais to buy coins, which one do you think I should invest in?
I have 100 reais to buy coins, which one do you think I should invest in?
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The market was in a state of euphoria, with expectations for XRP to reach a new all-time high of $$ 3.40. However, XRP’s momentum has temporarily lost steam, recording a drop of over 7% in the last 24 hours, reducing its weekly gains to less than 5%. Still, its performance over the last 30 days remains impressive, with a gain of 335%. Unfortunately, in terms of market cap, XRP has lost the third position, which now belongs to Tether.
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The dollar had a historic week, closing above 6.00 reais for several consecutive days. Last week, for the first time since the implementation of the real in 1994, the US currency surpassed this milestone.
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In the cryptocurrency market, Bitcoin has reached a historic milestone by surpassing the $100,000 mark. But how high can this rally go? 🚀📊
With a market cap approaching $2 trillion, Bitcoin now surpasses tech giants such as Nvidia, Apple and Google. This breakthrough signals that Bitcoin’s bull market has entered a new phase, further reinforcing its position as a mainstream asset and demonstrating strong resilience to external shocks.
With a market cap approaching $2 trillion, Bitcoin now surpasses tech giants such as Nvidia, Apple and Google. This breakthrough signals that Bitcoin’s bull market has entered a new phase, further reinforcing its position as a mainstream asset and demonstrating strong resilience to external shocks.
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