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Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market, with a market capitalization of over $1.1 trillion. Like other cryptocurrencies, Bitcoin is vulnerable to extreme volatility and sudden price fluctuations. As of 9 a.m. Eastern time today, the price of Bitcoin (1 BTC) is $66,377.72, a difference of -0.87% from yesterday.
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Ethereum $ETH is currently trading near the crucial support level of $2,200. If this level holds, we could see a potential upward move towards higher price targets.
However, if ETH breaks below $2,200, a drop to the $1,600-$1,200 range is likely. This potential price drop could present a prime opportunity to accumulate ETH for significant profits in the upcoming bull run.
Monitor $2,200 Support: Keep a close eye on the $2,200 support level. If it breaks, consider entering a position in the $1,600-$1,200 range.Target $8,000-$10,000: The potential for a significant price increase in ETH is high. Aim for price targets of $8,000-$10,000 in the upcoming bull run.#ETHETFsApproved #ETH🔥🔥🔥🔥 #binance4ever #BinanceLaunchpoolHMSTR #TradingMadeEasy

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Starting with cryptocurrency can seem overwhelming, but here's a step-by-step guide to help you get started:
1. Learn the basics:
- Understand what cryptocurrency is and how it works.
- Familiarize yourself with popular cryptocurrencies like Bitcoin, Ethereum, and others.
2. Choose a reliable exchange:
- Research and select a reputable cryptocurrency exchange (e.g., Binance, Coinbase, Kraken).
- Consider factors like fees, security, and user reviews.
3. Set up an account:
- Create an account on the exchange's website or mobile app.
- Verify your email address and identity (KYC).
4. Get a wallet:
- Understand the different types of wallets (hot, cold, software, hardware).
- Choose a suitable wallet to store your cryptocurrencies (e.g., MetaMask, Ledger, Trezor).
5. Buy your first cryptocurrency:
- Deposit fiat currency (e.g., USD) into your exchange account.
- Buy your desired cryptocurrency (e.g., Bitcoin, Ethereum).
6. Start small:
- Begin with a small investment to get familiar with the process.
- Gradually increase your investment as you gain confidence.
7. Stay informed:
- Follow reputable sources for market news and updates.
- Join online communities to learn from others and stay up-to-date.
Remember, investing in cryptocurrency carries risks. Always do your own research, set a budget, and never invest more than you can afford to lose.
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