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Why have cryptocurrencies fallen?
In the United States, the benchmark rate is being raised due to inflation issues, and all these issues of uncertainty and global inflation are preventing investors from moving toward risky assets. For this same reason, they tend to fall, just as with Amazon and Visa; all equities have been falling since January of this year.
Could the war between Russia and Ukraine also be one of the causes of this uncertainty?
Yes, it's the war that's causing this environment of inflation, uncertainty, and the restrictive policies of the United States. Therefore, investors are taking refuge in risk-free assets. Today, there's no appetite for risk; there's a risk aversion.
How is cryptocurrency investment going in Peru?
Fortunately, investment is low in the country because there isn't strong international regulation on them either. It's still premature to even have any regulation in the country.
However, the creation of cryptocurrencies has no economic foundation. There have been disappearances, there are no consumer protection regulations, and it has been linked to money laundering in some cases, such as with Bitcoins, and it is used in Venezuela and Estonia, which are countries that necessarily lack credibility.
What are the most widely used currencies?
Besides Bitcoin, there is Ethereum, which even Google has started using, but they are different mechanisms. In some cases, there are intermediaries, in others, not, and their transaction costs are lower.
Why have cryptocurrencies fallen?
In the United States, the benchmark rate is being raised due to inflation issues, and all these issues of uncertainty and global inflation are preventing investors from moving toward risky assets. For this same reason, they tend to fall, just as with Amazon and Visa; all equities have been falling since January of this year.
Could the war between Russia and Ukraine also be one of the causes of this uncertainty?
Yes, it's the war that's causing this environment of inflation, uncertainty, and the restrictive policies of the United States. Therefore, investors are taking refuge in risk-free assets. Today, there's no appetite for risk; there's a risk aversion.
How is cryptocurrency investment going in Peru?
Fortunately, investment is low in the country because there isn't strong international regulation on them either. It's still premature to even have any regulation in the country.
However, the creation of cryptocurrencies has no economic foundation. There have been disappearances, there are no consumer protection regulations, and it has been linked to money laundering in some cases, such as with Bitcoins, and it is used in Venezuela and Estonia, which are countries that necessarily lack credibility.
What are the most widely used currencies?
Besides Bitcoin, there is Ethereum, which even Google has started using, but they are different mechanisms. In some cases, there are intermediaries, in others, not, and their transaction costs are lower.
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FlyX Pay is revolutionizing digital transactions by offering fast, secure, and seamless crypto payments. Whether you're a Binance trader or new to crypto, FlyX Pay makes it easy to send, receive, and store digital assets with cutting-edge security. The app is designed for simplicity, ensuring that anyone can navigate it effortlessly.
💰 Earn Free Crypto with Referrals! Invite your friends and unlock exclusive rewards instantly! Claim now using my referral code: [RC10ZZ7] and get your bonus today.
🔥 Upcoming Exchange Listings! FlyX Pay's native token, FXY, is already listed on BitMart, with more major exchange listings expected soon. Stay ahead of the game and grow your crypto wealth effortlessly!
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$BURGER /USDT Long Trade Setup 🚀
Current Price: $0.4810
Buy Zone:
🔹 $0.4700 - $0.4850
Targets:
✅ T1: $0.5000
✅ T2: $0.5200
✅ T3: $0.5500
Stop Loss: $0.4600
Market Outlook: $BURGER is gaining momentum after reclaiming key levels.
If it holds above $0.4850, expect further upside toward $0.5500.
A drop below $0.4600 would indicate weakness.
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Current Price: $0.4810
Buy Zone:
🔹 $0.4700 - $0.4850
Targets:
✅ T1: $0.5000
✅ T2: $0.5200
✅ T3: $0.5500
Stop Loss: $0.4600
Market Outlook: $BURGER is gaining momentum after reclaiming key levels.
If it holds above $0.4850, expect further upside toward $0.5500.
A drop below $0.4600 would indicate weakness.
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Binance Earn: Binance Earn allows users to earn interest or rewards on their cryptocurrency holdings through various products like flexible savings, locked savings, and high-yield products.#EarnFreeCrypto2024 #claimcrypto $BNB #Claimfreecryptobox
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