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Muhammad Hamza Bhatti
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Bitcoin has witnessed a downturn, dipping below the 85,000 USDT mark, with its current trading value standing at 84,952.54 USDT. The cryptocurrency has encountered a decline of 2.61% over the course of the day, as reported by Foresight News.
$BTC
#BTC
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"GameStop has adopted Bitcoin as a part of its reserve assets strategy." According to Odaily, Michael Saylor, the founder of MicroStrategy, has openly praised GameStop for deciding to add Bitcoin to its reserve assets. After the announcement from the game store, Saylor showed his support on social media, saying, "Welcome to Team $BTC Bitcoin." #BTC
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Ethereum (ETH) has recently experienced a significant increase in short positions, with hedge funds expressing bearish sentiments. According to reports, short positions on Ethereum have surged by 500% since November 2024, reaching new highs. This surge in short selling has added downward pressure on Ethereum's price. For instance, on March 12, 2025, a whale who shorted 5,000 ETH at a price of $1,917 incurred a loss of $489,000 when the price increased by 5% to $2,015. As of March 25, 2025, Ethereum is trading at $2,057.65, reflecting a decrease of 0.371% from the previous close. The intraday high has been $2,103.27, and the intraday low $2,039.76. It's important to note that while short positions can indicate bearish market sentiment, they also carry significant risks, including the potential for short squeezes, which can lead to rapid price increases. $ETH #ETH #VoteToListOnBinance
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Ethereum (ETH) has recently experienced a significant increase in short positions, with hedge funds expressing bearish sentiments. According to reports, short positions on Ethereum have surged by 500% since November 2024, reaching new highs. This surge in short selling has added downward pressure on Ethereum's price. For instance, on March 12, 2025, a whale who shorted 5,000 ETH at a price of $1,917 incurred a loss of $489,000 when the price increased by 5% to $2,015. As of March 25, 2025, Ethereum is trading at $2,057.65, reflecting a decrease of 0.371% from the previous close. The intraday high has been $2,103.27, and the intraday low $2,039.76. It's important to note that while short positions can indicate bearish market sentiment, they also carry significant risks, including the potential for short squeezes, which can lead to rapid price increases. $ETH #ETH #VoteToListOnBinance
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