#updates Starting June 30, Binance will restrict unregulate

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#updates Starting June 30, Binance will restrict unregulated stablecoins in the EU due to new MiCA regulations, urging users to switch to regulated tokens. #BinanceSquareFamily

#updates 
Starting June 30, Binance will restrict unregulated stablecoins in the EU due to new MiCA regulations, urging users to switch to regulated tokens.
#BinanceSquareFamily 

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#CPIAlert US inflation falls to 3.3%, lower than expectations. #updates

$BTC (update) 👉Bitcoin (BTC) is trading at around $66,500 after dipping to $66,170, a three-week low, during the U.S. session. 👉Liquidations:- The sudden pullback incurred over $250 million in liquidations of leveraged derivatives trading positions across all crypto assets. 👉Reasons for the pullback: Investors are "de-risking" from crypto assets ahead of the May Consumer Price Index (CPI) report and Fed meeting.- Bitcoin has been "highly responsive" to economic data recently, and its 30-day correlation with U.S. equities is climbing to its highest since 2022. 👉Outlook:- Bitcoin could see a volatile session as traders brace for the CPI report and Fed meeting.- The FOMC dot plot and forward guidance during Jerome Powell’s press conference are likely to be the most material price movers. #BTC☀ #CPI_DATA #TopCoinsJune2024 #Write2Earn!

$BTC Why Bitcoin Price Dropped by ~7% to $66k TodayBitcoin's sharp 5% decline to $67k today can be attributed to several factors: 👉 The US Employment Report showed an increase of 272,000 jobs in May, indicating an overheating economy and reducing the likelihood of an interest rate cut this week 👉 The macro data reaction caused over $250m worth of liquidations in traders' positions, pushing BTC price to $69k 👉 A dormant Bitcoin whale transferred 8,000 BTC ($535.6m) to exchanges after 5.5 years. 👉 Bitcoin miners sold 1,200 BTC yesterday, the largest daily sale since the end of MarchDespite the drop, there is an increase in calls to buy Bitcoin on social networks. Historically, when sell calls close the gap with buy calls, market panic and FUD set in, often leading to a cryptocurrency bounce.▪ #BTC☀ #btcupdates2024

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$HIGH As Expected high has Achieved 70% of its targets Expecting More In Coming weeks 🚀🚀🚀 #highusdt #TopCoinsJune2024 #Write2Earn!

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