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FLOW UPDATE โ July 2
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๐ Why Is the Crypto Market Up Today? Letโs Break It Down. ๐ A fresh wave of optimism is lifting the crypto market, with $BTC , $ETH , and $XRP all recording notable gains. ๐ Key Drivers Behind the Rally: โซ๏ธ Renewed institutional interest and ETF inflows boosting market confidence โซ๏ธ Macroeconomic factors easing โ with anticipation around FOMC and CPI data fueling positive sentiment โซ๏ธ Technical breakouts across key assets like BTC and ETH triggering bullish momentum ๐ Growing excitement around token utility, regulatory clarity, and real-world integration ๐ข With capital flowing back into the market and investor sentiment rebounding, this could be more than just a short-term bounce. #CryptoMarket #Bitcoin #Ethereum #XRP #DeFi https://coingape.com/crypto-market-up-today/?utm_source=bnb&utm_medium=coingape
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๐จ Pi Network Price Flashes Bearish Signal Ahead of $10M Unlocks ๐ข While Pi Network (PI) shows a slight uptick todayโup 1.63% to $0.50โthe calm may be short-lived. ๐ Over $10M worth of Pi tokens are set to unlock tomorrow, raising major concerns among traders and investors. ๐ A bear flag pattern has formed, signaling a potential 30% price drop to $0.35, especially amid low demand pressure. โ ๏ธ The broader crypto market may be recovering, but Pi Networkโs fundamentals suggest caution. ๐ป Token unlocks are historically volatile moments, and this one could be no different. #PiNetwork #Crypto #Altcoins #TokenUnlock #CryptoNews https://coingape.com/markets/pi-network-price-warning-sign-ahead-of-10m-unlocks/?utm_source=bnb&utm_medium=coingape
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๐ $XRP on the Move: Banking License Sparks 4% Surge โ Is $3 Next? ๐ข Ripple has officially applied for a banking license, and the market is responding fast. ๐น XRP is now trading at $2.29, up 4% in 24 hours ๐น Trading volume crossed $4.52 billion ๐น A bullish technical structure + long positioning signals a potential rally to $3.96 ๐ The banking license is aimed at powering Rippleโs RLUSD stablecoin, adding legitimacy and infrastructure strength as the company pushes deeper into real-world finance. ๐ With this momentum โ and broader market recovery โ is $3+ XRP finally on the cards? ๐ We could be witnessing a key inflection point in Rippleโs journey. #XRP #Ripple #BankingLicense #RLUSD #CryptoNews https://coingape.com/markets/xrp-price-jumps-as-ripple-applies-for-banking-license-is-3-next/?utm_source=bnb&utm_medium=coingape
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๐จ Bitcoin: $90K or $140K? The Market Is at a Tipping Point ๐ With Bitcoin currently trading around $109,500, the crypto world is split ahead of two critical catalysts โ Julyโs FOMC meeting and upcoming CPI data. ๐ Bullish Case: Veteran trader Peter Brandt sees a powerful breakout forming, predicting a rally to $140K, citing strong momentum on the charts. ๐ Bearish View: Crypto OG Arthur Hayes takes a cautious stance, anticipating a potential pullback to $90K amid macro uncertainty and the Jackson Hole event in August. โ๏ธ The bulls and bears are both ready โ but the next move could be decided by the Fedโs tone and inflation signals. Expect volatility and opportunity ahead. #Bitcoin #CryptoMarket #PeterBrandt #ArthurHayes #FOMC https://coingape.com/90k-or-140k-crypto-pundits-divided-ahead-of-fomc-meeting-and-cpi-data/
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๐จ IMF Blocks Pakistanโs Bitcoin Mining Subsidy Plan ๐ต๐ฐ In a major roadblock to Pakistanโs ambitions of building Bitcoin reserves, the IMF has rejected a proposal to offer subsidized electricity tariffs for crypto mining. ๐ Key Highlights: โพ๏ธ Pakistan aimed to utilize surplus winter electricity to mine Bitcoin. โพ๏ธ Secretary Power Dr. Fakhray Alam Irfan revealed the IMFโs strict stance against targeted subsidies. โพ๏ธ The move sparks uncertainty around the countryโs crypto mining and reserve strategy. ๐ As developing nations explore innovative ways to participate in the digital asset economy, global financial institutions like the IMF are still drawing hard lines. #Bitcoin #Pakistan #IMF #CryptoMining #DigitalAssets https://coingape.com/breaking-imf-blocks-pakistans-plan-to-subsidize-electricity-for-bitcoin-mining/?utm_source=bnb&utm_medium=coingape
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