$BTC $BTC In Brazil, the regulation of digital assets, such | Laveeza on Binance Square

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$BTC $BTC In Brazil, the regulation of digital assets, such as cryptocurrencies, is underway, with Law No. 14.478/22 establishing guidelines and principles for the provision of virtual asset services. Several bills also address different aspects, such as the payment of salaries and taxes with cryptocurrencies.

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#CryptoCPIWatch Why is Bitcoin Price and Crypto Market Crashing Today? In place of a further uptrend, the investors witnessed the Bitcoin price and the crypto market crash today. Recently, the US-China trade deal succeeded, leaving the US reducing its tariff on China to 30% and China reducing it to just 10%. Although investors considered it a major win, especially after witnessing a massive crash with the tariff introduction, the hype faded soon, as the BTC and the rest of the altcoins’ prices plummeted. Let’s discuss the key reasons. Crypto Market Crash: Altcoins & Bitcoin Price Plummets Before US CPI Data Release On the US-China tariff deal, the Bitcoin price surpassed the $105k mark, and the rest of the altcoins also witnessed a significant uptrend. However, that all came crashing down as the BTC plummeted to a low of $100.7k, wiping out all the gains of the recent rally. At present, it trades at $102.8k and has lost nearly 1.5% of its value in the last 24 hours. This crypto market crash happened as the investors turned cautious ahead of the US CPI data release today. Although experts anticipate a positive result, the uncertainty and possibility of different results have impacted investors’ confidence in the market. Along with BTC, Ethereum, Solana, and other altcoins, the price is also crashing. Interestingly, XRP’s price is bullish, and it gained the 3rd spot in the market due to increased blockchain users and Missouri’s proposed House Bill 594. Nearly $700M was liquidated in the crash per CoinGlass reports. Out of this, more than $200m was from Bitcoin futures, and $170M was from Ethereum, among many others. Interestingly, this was an anticipated move, as many crypto analysts like Ali Marinez anticipate a massive decline in BTC’s price. Bitcoin Price Prediction: Investors Still Buying BTC $BTC

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#CryptoCPIWatch Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. ✔️ Here are the possible scenarios: 🔴 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. 🟠 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. 🟢 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year. #TradeLessons #CryptoCPIWatch #SaylorBTCPurchase #AltcoinSeasonLoading #StrategyTrade $BTC $ETH $BNB BTC Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. ✔️ Here are the possible scenarios: 🔴 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. 🟠 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. 🟢 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year. #TradeLessons #CryptoCPIWatch #SaylorBTCPurchase #AltcoinSeasonLoading #StrategyTrade $BTC $ETH $BNB BTC

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#CryptoRoundTableRemarks #CryptoRoundTableRemarks 🇺🇸 BREAKING: U.S. Treasury to meet with key #Bitcoin and crypto players in a closed-door roundtable this week. IT’S HAPPENING!!

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$BTC Why have you been seeing the hashtag #CryptoCPIWatch around here... it is used to track how inflation data (CPI) affects the cryptocurrency market. When the CPI comes in higher than expected, the market may drop, as this could mean higher interest rates. This impacts Bitcoin, Ethereum, and other cryptos on Binance.

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