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JUST IN: 🇺🇸 US federal housing regulator calls on Congress to investigate Fed Chair Jerome Powell.
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🔶 A rare move for Bitcoin, which has bee dormant for over 14 years! Today, the Bitcoin network witnessed one of the most unusual moves in its history, with 20,000 Bitcoins transferred at once, in two separate transactions of 10,000 BTC each. What's remarkable is that these coins haven't moved since April 2011, more than 14.3 years ago, when Bitcoin was worth just $8! ▪️ The current market value of this amount exceeds $2.1 billion. ▪️ Such moves from old wallets are extremely rare and often raise concerns among investors, as they may represent a sudden sell-off that could impact the market.
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A wallet that had been dormant for 14 years suddenly came back to life today! 😱 Everything inside was transferred: 10,000 Bitcoins = over $1.09 billion 🔥 The shock? They were received on April 3, 2011... and the price of Bitcoin at the time was only $0.78 per coin 🪙 That means $7,400 was converted into about $1.1 billion 😳 In the world of crypto... patience isn't just key; patience is a treasure 💎 If it were your wallet, would you sell it? 😏👇
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$BTC $ETH $XRP As I told you before about the deal and the possibility of Bitcoin falling, today Bitcoin fell by more than 2,500 points, and this is something that is still nothing. It is possible that we will see another decline in Bitcoin during the coming days. Currently, this beginning may be the continuation of the decline from 107,500 or 108,000 and below these numbers, so be ready.
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Bitcoin: 🟢Coinbase's CVD spot data indicates that large buying movements don't always lead to immediate upside. Rather, the market may experience a period of volatility before reacting. 🟢For example, in March, wallets began buying slowly, and despite the price decline, we saw a rebound a month and a half later. 🟢Conversely, the June sell-off on Coinbase may have an actual impact in July, supporting a scenario of a relatively volatile or negative month, even if the price continues to maintain high levels for a while.
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🚨US President Donald Trump called on Federal Reserve Chairman Jerome Powell to resign, saying the central bank chief should do so immediately. Trump had nominated Powell to chair the Fed during his first term. Former President Joe Biden nominated him for a second term.
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