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JUST IN: BlackRock now holds 696,874
$BTC
worth $74 billion for its spot Bitcoin ETF.
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Smart money is buying $ETH again. In the past 24 hours, an institution bought nearly 40K ETH worth $100M+ on Binance and OKX. Abraxas Capital also bought 48.8K ETH worth $125M on Binance and Kraken. This feels like the start of a big rally.
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The July rate cut is now off the table. The US unemployment rate came in at 4.1%, while the expectations were of 4.3%. The Fed higher unemployment rate as it diminishes the chances of rising inflation. Now that the unemployment rate is still around 4%, the Fed will likely go into wait and watch mode.
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🚨 Chart Talk: The vacuum zone between 111111 & 222222 is wide open. Just like BTC’s explosive breakout after its triangle… ETH is now pressing right against resistance with a similar setup. Once it clears — expect a swift move. No friction, just flight. ✈️ #ETH #BTC #Crypto
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$LTC is coiling like a spring… over a 10-year consolidation. Every dog has its day — and Litecoin's might just be coming. Once this breakout confirms, the vacuum zone above could launch it into a whole new tier. 📈🚀 Don’t sleep on the OG. #Litecoin #Crypto #BTCReclaims110K #BTC110KToday?
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Crypto MCap's new ATH is coming in Q3. Since H2 2023, Crypto MCap has been in an uptrend and still holding above it. And one more thing to note here. Every retest of this uptrend has resulted in 50%-100% gains. Make this what you want with this information.
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