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โ CRYPTO DAYBOOK AMERICAS | What is moving the crypto market today?
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Highlights:
๐ Weak economic data from the United States raises recession fears
๐ธ But it boosts hopes for interest rate cuts
โฌ๏ธ Bitcoin emerges as a safe haven amid uncertainty
๐ง Ethereum faces fierce competition despite the upcoming Pectra upgrade
๐ The supply of stablecoins rises significantly on the Tron and Ethereum networks
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General Analysis:
The market reacts quickly to economic indicators, and the return of liquidity flow into stablecoins could indicate investors' readiness to re-enter the market.
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Do you think Bitcoin will continue to be a safe haven amid global economic fluctuations?
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