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$SOL $BTC $ETH Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors:

1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations

2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m.

3. US Spot BTC ETFs saw an outflow of $161m yesterday

4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations

5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch

6. More BTC miners approach shutdown levels amid price drop below $57,000

It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets.

Breaking News

Consensys, a major backer of the Ethereum blockchain, filed a lawsuit against the SEC over features of its popular MetaMask wallet and also asked the court to state Ethereum is not a security.

Consensys has reportedly received Wells Notice regarding MetaMask swap and staking.

I'm expecting that the market will dump soon because of BTC Havling and HONG KONG BTC spot etf because they announced to invest money in btc spot etf in the end of this month , so they have to complete liquidity before they will take entry to market $BTC $ETH $SOL

#etf #bitcoinhalving #BinanceLaunchpool

QCP reported that fears of Iranian retaliation against Israel caused a market sell-off, driving perpetual funding rates to their lowest this year (-40%).

According to the analysts, despite the upcoming Bitcoin halving, BTC may remain within the $64k-$73k range.

#bitcoinhalving

$BTC $ETH $SOL

If btc breaks the 60k support than next strong support is 52k
$BTC #BinanceLaunchpool #BTC🔥🔥🔥🔥🔥🔥

Hong Kong Bitcoin ETF issuers reportedly stated that mainland Chinese funds are not allowed to buy cryptocurrency ETFs, debunking a Matrixport report that claimed potential $25bn inflows from these investors.

#HONKONG #BitcoinETF领域的先驱。此举超出了行业对今年晚些时候推出的预期。” $BTC $ETH $SOL

885 million dollars of capital was liquidated after the recent collapse of the market

Following a 5% drop in the price of Bitcoin in the last 24 hours, the price of this digital currency reached $67,000 and so far $885 million of capital has been liquidated in the digital currency market. However, most experts believe that this price drop is temporary and it is likely that after the Bitcoin halving event, its price will rise above $70,000 and set a new high.

#bitcoinhalving #BTC🔥🔥🔥🔥🔥🔥 #BullMarketBuddies $BTC $ETH $SOL

#MyFirstFeedPost Hello, Binance Square!

BTC will PUMP back Tomorrow because , it's clear that Honkong ETF will be approved tomorrow

#bitcoinhalving

#btc #eth