Effects of #TradeWarEases: A pleasant buzz in the crypto market! 🚀
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### 🌍 Decrease in global trade tensions
Signals of easing in the tariff war between the US and China have created a wave of hope in global markets including crypto.
Bitcoin touched the $69K level, while Ethereum approached $3,800.
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### 📈 Positive impacts on crypto
- Bitcoin: Easing in the trade war is seen positively for "digital gold."
- Ripple (XRP): 15% jump in XRP due to increased demand for international payments.
- Meme Coins: Coins like $PEPE and $FLOKI are also up 20-30%.
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### 💼 Why is it important?
- Institutional investment will increase: Market stability boosts interest from hedge funds and ETFs.
- Asian markets active: Crypto exchanges benefit from China's economic recovery.
- Dollar Weakness: Crypto supported by Fed's stable rates.
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### 🔥 Top 3 Opportunities!
1. Bitcoin (BTC): On the path to a new high of $70K.
2. Ethereum (ETH): Benefits from ETF hopes and the Pectra upgrade.
3. AI Tokens (FET, RNDR): Will shine with the increase in technology sharing.
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### ⚠️ Caution is also necessary!
- Short-term crash risk: Some analysts say "buying frenzy" might lead to corrections.
- Political changes: Keep an eye on the effects of the 2024 US elections.
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### 📌 Experts' Opinions
- "Easing in the trade war could make crypto the black swan of 2024!" — CryptoKen (Top Trader)
- "This year ETH could reach $5K!" — CoinGuru (Analyst)
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### 🚨 Immediate Action!
- DCA: Prioritize consistent investments in Bitcoin and Ethereum.
- Research on Altcoins: Look for opportunities in AI, RWA, and meme projects.
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