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BTC traded at $104,689.00, reflecting a slight decline of about 0.96% from the previous day, with a market cap of approximately $2.06 trillion. The price fluctuated between $101,365.70 and $103,775.16, showing moderate volatility. Posts on X noted a bullish hammer pattern on the daily chart, with BTC holding above the $103,000 demand zone, suggesting potential support. However, bearish pressure was evident as BTC faced resistance at the 20-day EMA, with some analysts pointing to weaker-than-expected U.S. jobs data (ADP at 37k, jobless claims at 247k) as a factor. Despite this, technical indicators like the 200-day moving average trending upward signaled a strong long-term bullish outlook. Trading volume remained high at $62.76 billion, with market sentiment leaning neutral to bullish $BTC #RulsherArmy #TrumpVsMusk
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In June 2025, the alliance between President Donald Trump and Elon Musk imploded over Trump’s “Big, Beautiful Bill,” a massive tax-and-spending package. Musk, recently departed from his role as a special government advisor, criticized the bill as a “disgusting abomination” for adding trillions to the U.S. deficit. Trump retaliated, accusing Musk of going “CRAZY” after the bill cut electric vehicle subsidies, impacting Tesla. The feud escalated on social media, with Trump threatening to terminate Musk’s government contracts and Musk claiming Trump’s name appeared in unreleased Epstein files. Musk also asserted he was pivotal to Trump’s 2024 election victory. The public spat, marked by personal insults, led to a 14% plunge in Tesla’s stock, erasing $150 billion in value. A call was scheduled for June 6 to ease tensions, highlighting their fractured relationship. #TrumpVsMusk #RulsherArmy
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Binance, the world’s largest cryptocurrency exchange, prioritizes security through a multi-layered approach. Most user funds are stored in offline cold wallets, minimizing hacking risks. The Secure Asset Fund for Users (SAFU), valued at over $1 billion, protects against breaches. Advanced measures include two-factor authentication (2FA), real-time monitoring, and withdrawal whitelisting to prevent unauthorized transfers. Binance employs military-grade encryption and a multi-tier architecture to enhance resilience. Despite a 2019 hack losing $40 million in Bitcoin, Binance reimbursed users via SAFU and improved defenses. Recent regulatory scrutiny persists, but Binance’s transparency, bug bounty program, and user education initiatives reinforce its commitment to safeguarding assets. #CryptoSecurity101
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Trading pairs that perform evenly with Bitcoin (BTC) often mirror its market trends due to high correlation in the crypto market. Examples include: 1. ETH/USD: Ethereum often tracks BTC’s price movements closely. 2. XRP/USD: Ripple’s price tends to align with BTC during market trends. 3. LTC/USD: Litecoin, often called "Bitcoin’s silver," shows similar performance. 4. BCH/USD: Bitcoin Cash follows BTC due to its shared origins. 5. ADA/USD: Cardano exhibits correlated price action with BTC. 6. DOT/USD: Polkadot often moves in tandem with BTC’s market cycles. 7. LINK/USD: Chainlink’s price tends to follow BTC’s trends. 8. BNB/USD: Binance Coin aligns with BTC’s market sentiment. 9. XLM/USD: Stellar often mirrors BTC’s performance. 10. SOL/USD: Solana shows similar trends during bull or bear markets. These pairs are influenced by BTC’s dominance, macroeconomic factors, and market sentiment, leading to comparable performance. Always research before trading, as correlations can shift. #TradingPairs101
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