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The_Jocker999
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gold fundamental is very strong, going up slowly!
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The_Jocker999
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#alpaca the battle continue! After hit back to 0.17 pump to 0.22, will it touch 0.3 again? Funding fee high in delisted exch but low in active exch. Who win this time? Long trader vs short trader.
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How much you win now? ☺️
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What is your own analyst?
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Here’s why sometimes altcoins pump when Bitcoin drops: • Rotation of Capital: When Bitcoin drops, some traders move their money into altcoins, hoping to catch faster or bigger rebounds. It’s like shifting their bets quickly. • BTC Dominance Effect: Bitcoin has a “dominance” percentage over the whole crypto market. When BTC weakens, money sometimes spills into altcoins, making them surge. Traders see an opportunity to ride smaller, more volatile coins. • Short Squeeze in Altcoins: When Bitcoin drops sharply, many people panic and short altcoins too. If too many short positions pile up, a small altcoin price bump can trigger short squeezes, forcing liquidations and pumping prices even more. • Algorithmic Trading: Some bots are programmed to “buy altcoins” automatically if Bitcoin shows weakness beyond a certain level. It’s like an autopilot strategy that kicks in during BTC corrections. • Narrative and Sentiment: If a particular altcoin has positive news or hype at the same time Bitcoin dumps (like partnerships, tech updates, etc.), money can flow in fast because traders are looking for a “safe haven” inside crypto. But, it doesn’t happen all the time. Sometimes Bitcoin’s crash is too violent, and it drags everything (including altcoins) down.
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$XRP In summary, the launch of ProShares’ XRP ETFs marks a significant milestone for XRP, potentially increasing its accessibility to a broader range of investors. However, as with any investment, it’s crucial to understand the specific characteristics and risks associated with the investment vehicle. 
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