Total crypto exchange volume hits $1.7 trillion in July, hig | NadeZhada on Binance Square

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Total crypto exchange volume hits $1.7 trillion in July, highest since February 

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This late-stage bull cycle feels different. The risk appetite that drove us to the moon is now evaporating. My metric hit a massive 1.9+ peak last year, but now it's making lower highs. We're seeing more and more holders start to take profits and dump their bags. The pumps are getting weaker, and the gains are getting smaller. The good news? With two Fed rate cuts on the horizon, I'm calling for two more rallies before selling pressure takes over and the market enters a correction phase. Don't get caught sleeping.

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$XRP IS THE SMARTEST $500 INVESTMENT While $500 in the S&P 500 gets you ~$50/year, $XRP offers far greater upside for those who can stomach the volatility.📈 📰USA Today says the long-term reward could be worth it!

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Key Events This Week: 1. July S&P Global Services PMI data - Monday 2. July ISM Non-Manufacturing PMI data - Tuesday 3. 10-Year Note Auction - Wednesday 4. Initial Jobless Claims data - Thursday 5. Total of 5 Fed speaker events this week 6. ~20% of S&P 500 companies report earnings It's going to be a busy August.

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$DOT Polkadot is testing critical support at the lower boundary of a descending triangle on the weekly timeframe🔍 This key support level has provided multiple bounces and could trigger another reversal🧐 A successful bounce from current levels could push the price toward targets at $4.30, $7.00, and $10.50🎯

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Here is every China FUD: • Dec 2013: banks banned BTC ($1,150) • Mar 2014: false ban report ($430) • Sep 2017: exchanges shut down ($5,000) • Apr 2019: warning to miners ($5,000) • Oct 2020: banned selling crypto ($13,000) • Dec 2020: shut off electricity to miners ($23,000) • May 2021: banks banned BTC transactions ($64,895) • Jun 2021: reiterated bans, blocked exchanges, banned mining ($34,000) • Aug 2021: shut down blockchain websites ($42,000) • Sep 2021: all crypto transactions illegal ($42,000)

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