LATEST: A 12.1% increase in global M2 supply is driving the | Sabeen Gohram on Binance Square

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LATEST: A 12.1% increase in global M2 supply is driving the rally in $BTC .  "They create more Bitcoiners the more they print." #Bitcoin #BTC #crypto  #MoneyPrinting 
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With Bitcoin, Ethereum, and XRP fronting the charge, cryptocurrency has become quite popular. Investors wonder if the present increase in cryptocurrency prices will last. Understanding this calls for examination of the performance and possibilities of every cryptocurrency. Reaching almost $65,000 in 2021 before falling, Bitcoin, the first cryptocurrency, has experienced extreme price volatility. According to analysts, elements including its classification as digital gold, its limited supply of 21 million coins, and growing institutional adoption might help Bitcoin's price rise later on. Demand for Bitcoin may be increased as well by firms' increasing acceptance of it for payments. Ethereum, the second biggest cryptocurrency, is absolutely essential in the crypto scene because it provides special functionalities including smart contracts. Ethereum 2.0 upgrade intends to increase Ethereum's efficiency, therefore its price could increase as more developers adopt it. Though XRP has legal problems, it is still important for international payments. Should Ripple overcome its problems, XRP's price may rise as demand for effective crossborder transfers rises. Although estimating prices is inherently uncertain, many indicators point to ongoing optimistic trends. Investors should keep abreast of possible benefits and drawbacks in this changing market.#bitcoin #Ethereum #Xrp🔥🔥 $BTC $ETH $XRP

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🌐 Updates on Crypto Prices Every Day 🌐 $119,659.89 for Bitcoin (BTC) Binance Coin (BNB): $694.67 Ethereum (ETH): $3,007.44 XRP (XRP): $2.95 $164.46 Solana (SOL) TRON (TRX): $0.3006 Dogecoin (DOGE): $0.1999 Hyperliquid (HYPE): $47.80; Cardano (ADA): $0.7351; Stellar (XLM): $0.4569 $0.00001334 for Shiba Inu (SHIB) $BTC $ETH $BNB

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As illustrated by the recent liquidation of over $750 million in cryptocurrencies within 24 hours as Bitcoin hit a new all-time high, the cryptocurrency market is very volatile. Liquidation occurs when a trader loses the necessary margin and has to change their position to cash. While leverage helps many traders to boost profits, this also can cause significant losses if the market goes against them, therefore causing forced liquidations. Many traders were drawn to Bitcoin's growth, but its volatility causes unexpected price declines that could set off panic and cascade liquidations. This condition impacts the whole market, including altcoins, not just leveraged traders. This occasion generally underlines the hazards involved in leveraged trading and the necessity of cautious risk management as the market changes.#bitcoin $BTC

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🔥 If you were unaware, you now are! Bitcoin is creating history! Unstoppable #Bitcoin reaches a new peak of $121,000 🚀#bitcoin $BTC

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#XRP, the third-largest cryptocurrency, reaches $3.00 #Xrp🔥🔥 $XRP

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