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MUHAMMAD_ARSLAN280
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Big Dump coming because 1B$+ Liquidation
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In the past 24 hours , 243,921 traders were liquidated , the total liquidations comes in at $1.12 billion The largest single liquidation order happened on Binance - BTCUSDT value $11.97M
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In the past 24 hours , 214,548 traders were liquidated , the total liquidations comes in at $967.46 million The largest single liquidation order happened on Binance - BTCUSDT value $11.97M
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In the past 24 hours , 196,941 traders were liquidated , the total liquidations comes in at $947.62 million The largest single liquidation order happened on Binance - BTCUSDT value $11.97M
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**JUST IN:** 🇺🇸 Arizona Governor officially signs law to establish a "Bitcoin Reserve Fund." - The state will now hold Bitcoin as part of its financial reserves, similar to how governments hold gold or cash. - This fund could act as a hedge against inflation or traditional financial risks. - It shows Arizona is becoming more crypto-friendly, potentially attracting crypto businesses and investors. Basically, the state is taking steps to integrate Bitcoin into its public finance strategy.
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FOMC Summary 1. Economy solid, labor market solid. Bad sentiment not showing up in data. 2. Wont cut until we have greater clarity about how tariffs will impact our dual mandate. 3. If downside materialises, we can move quickly as we showed back in Sep 2024 by cutting 50bp. Bessent told us trade deals for 80/90% of countries will be done by end of the year. We wont have certainty until Q4. The idea of July cut only materialises if the data drops off the cliff!
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