Here are some reasons why cryptocurrency prices have been decreasing

Strong U.S. factory data has led to a strengthening of the U.S. dollar index, which could negatively impact Bitcoin's price.
The Federal Reserve's interest rate decision is expected to be announced soon.
The stall in spot Bitcoin ETF inflows is affecting Bitcoin's price.
The U.S. central bank may not cut interest rates at all this year.
Investors are gradually getting used to the fact that interest rates will not be cut this year.
There has been a collective net outflow of funds from the 11 Spot Bitcoin ETFs.

#breakerblock #newsdaily #newwallet #news_Tickeron #news2024 $BTC $ETH $BTC

Today, a new wallet made significant withdrawals from Binance, totaling 95.67M USDT & 7,402 ETH ($23.3M).

Of particular interest is the fact that all the withdrawn USDT, amounting to 95.67M, was deposited into AAVE just 5 hours ago.

Address:
0x205194d171c74e9efa3ca53a0f78e48472cac621

#newwallet #whale