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Anonymous079
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Bearish
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$SOL
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sol will drop at 140 soon
Entry :- 147
TP:- 140
SOL prediction
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Trade!!! $BTC prediction
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who else take trade here?📉 $BTC #BitcoinReserveDeadline
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are you still alive?
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WHY CRYPTO MARKET IS BEARISH📉 TODAY? The cryptocurrency market has experienced a bearish trend today, with notable declines across major digital assets. Several factors have contributed to this downturn: 1. Federal Reserve's Monetary Policy: The U.S. Federal Reserve has indicated a more hawkish stance for 2025, projecting fewer interest rate cuts than previously anticipated. This outlook has dampened investor sentiment, as higher interest rates can reduce the appeal of riskier assets like cryptocurrencies. 2. Profit-Taking and Market Corrections: Following significant rallies, investors often engage in profit-taking, leading to market corrections. This behavior aligns with mean reversion principles and can contribute to short-term price declines. 3. Global Liquidity Concerns: Tightening global liquidity conditions, including shrinking central bank balance sheets, have created an environment less favorable for risk assets. These liquidity challenges have been building over recent months, impacting the crypto market. #BEARISH📉
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WHAT HAPPENED IN CRYPTO MARKET IN LAST 24 HOURS? Market Movements: Bitcoin (BTC): The leading cryptocurrency is currently trading at approximately $94,718, reflecting a decline of about 2.18% over the past day. Earlier, Bitcoin had reached an intraday high of $96,828 before retreating. Ethereum (ETH): Ethereum's price stands at around $3,357, marking a decrease of approximately 1.68% in the same period. The cryptocurrency saw an intraday high of $3,415. Altcoins: Other major cryptocurrencies have also faced declines. BNB is trading at $704 (down 0.22%), XRP at $2.17 (down 1.81%), and Solana at $187 (down 1.99%). Regulatory and Legal Developments: Do Kwon's Extradition: Do Kwon, co-founder of Terraform Labs, is set to be extradited to the United States to face federal fraud charges related to the collapse of TerraUSD and Luna, which led to a $40 billion loss for investors. The Montenegro Ministry of Justice announced this decision, highlighting the legal challenges faced by key figures in the crypto industry. Wall Street's Involvement: Bitcoin's significant rise in 2024 has prompted major Wall Street banks, including Barclays, Citigroup, Goldman Sachs, and JPMorgan, to reconsider their stance on cryptocurrency-related capital raising. These institutions have begun underwriting substantial deals related to Bitcoin companies, indicating a shift in traditional finance's approach to the crypto market. Geopolitical Influences: Russian Endorsement: Russian President Vladimir Putin's favorable comments about Bitcoin earlier this month have influenced the crypto market. He questioned the necessity of accumulating dollar reserves compared to Bitcoin, suggesting that Bitcoin cannot be prohibited. Such endorsements may drive Bitcoin prices higher by increasing demand. #Crypto2025Trends
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