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#TradeStories Bitcoin Faces Sharp Decline Amid Market Turmoil Bitcoin's price fell over 15% this week, trading below $80,000, marking its steepest weekly decline in three years. The downturn wiped $660 billion from the crypto market's capitalization and saw $3.68 billion in liquidations. A significant factor was the Bybit exchange hack, where $1.4 billion was stolen, eroding market confidence. Additionally, U.S. Bitcoin spot ETFs recorded net outflows of $2.48 billion, indicating waning institutional interest. The Crypto Fear and Greed Index dropped to 10, reflecting extreme fear among investors. #StrategyTrade #NewsTrade #mostrecenttrades #TradeLessons
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#TradeStories 1. U.S.-China Trade Talks Resume Amid Tariff Tensions High-level trade discussions between the U.S. and China commenced in Geneva, aiming to ease escalating tariff tensions that threaten global economic stability. The U.S. delegation, led by Treasury Secretary Scott Bessent, met with Chinese Vice Premier He Lifeng. These negotiations follow steep tariff hikes—145% by the U.S. and 125% by China—impacting over $660 billion in annual trade. President Trump hinted at potential tariff reductions, but analysts remain cautious about significant progress. The talks are crucial for global markets, with potential implications for various sectors. #TradeOfTheWeek #StrategyTrade #NewsTrade #TradeLessons
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#TradeStories UK-India Trade Deal Boosts Scotch Whisky Exports The UK and India finalized a trade agreement reducing tariffs on Scotch whisky imports into India from 150% to 75%, with a further decrease to 40% over the next decade. This deal is expected to increase UK whisky exports to India by £1 billion over five years. India, already the largest market for Scotch by volume, stands to benefit from more affordable imports, while UK distillers gain access to a growing market. However, state-level levies in India remain a challenge for full market penetration. #AltcoinTrade #TradeOfTheWeek #StrategyTrade #NewsTrade
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#RamadanGiveaway it's a awesome thing that binance is sharing Ramadan with us like this. i glad to share this moment with binance. #BinanceSquareTalks #Binance @Binance MENA
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