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Boundless: One Powerful Engine for Blockchains
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$BNB All people at time crying,,,, But nevermind 😕😕😕 good time is buying #BNBBreaksATH #PowellRemarks
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$BNB oh. .. There is a dire need to apply sick market cooling patches. #PowellRemarks #BNBBreaksATH #WhaleAlert
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Boundless: One Powerful Engine for Blockchains
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Crypto Takes a Dip, But Experts See a Chance to Buy The crypto market had a rough day on Tuesday, with prices falling sharply across the board. However, a bit of good news from the U.S. The Federal Reserve helped prices bounce back from their lowest points. What Happened to Prices? · Bitcoin dropped from nearly $116,000 to around $109,800 before recovering to about $112,600. · Other major cryptocurrencies like Ether, BNB, XRP, and Dogecoin all fell between 4% and 6%. Why Did the Market Bounce Back? The head of the Federal Reserve, Jerome Powell, gave investors some hope. He suggested that the central bank's policy of making money more expensive is almost over and that a interest rate cut is likely soon. This is generally good news for investments like crypto and stocks, and markets immediately reacted positively. A Brief Setback from Trump The recovery was slightly weakened when former President Trump posted on social media, threatening to start a trade dispute with China. This reminder that politics can quickly affect markets caused a small, quick dip in prices. A Silver Lining and a Big Winner Despite the chaos, one analyst firm, K33 Research, believes this price drop is actually a good thing. They call it a leverage flush, where over-excited speculators are forced to sell, creating a healthier market and a chance for more serious investors to buy in at lower prices. The big winners of the day were crypto mining companies. Their stock prices soared (many over 10%) because investors believe they are perfectly positioned to profit from the booming demand for computing power from Artificial Intelligence.#PowellRemarks #BTC走势分析 #WhaleAlert $BTC
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