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Lane Isett xZqN
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Lane Isett xZqN
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My portfolio when I buy the dip..." Bottom text (with image of a guy falling off a cliff): "...turns out it wasn't the dip yet."
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Global Market Sentiment & Macro-Economic Factors Economic conditions like high inflation, interest rate hikes (e.g., by the Federal Reserve), unemployment, or recession fears often lead investors to move away from riskier assets like crypto. This creates selling pressure across the entire market.
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Bitcoin (BTC): Currently trading at ~$118,396, showing a slight decline of ~0.5% today. Ethereum (ETH): Around $3,662, down approximately 2.7%. Solana (SOL): The only top-10 coin in green today, up by ~5%, trading above $200. The global crypto market cap dropped slightly below $4 trillion, currently sitting at $3.99T.
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1. GENIUS Act Passed: The first U.S. national stablecoin legislation has been signed, aiming to build trust and transparency in stablecoin operations. 2. Trump Administration: Announced the creation of a Strategic Bitcoin Reserve, acquiring BTC, ETH, SOL, and XRP for national use. 3. Bitcoin Spot ETF: After 12 days of inflows, there was a minor outflow in BTC ETFs today; however, Ethereum ETFs continue to see positive inflow. 4. Institutional Interest: JPMorgan is planning to offer crypto-collateralized loans by 2026 using BTC and ETH as security. 5. Global Moves: European firms like Archax and Western Union are exploring stablecoin-based cross-border settlements.
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✅ 1. Backing & Investors: Strong VC Support: Sei is backed by some major venture capital firms, including: Jump Crypto Multicoin Capital Coinbase Ventures This backing indicates strong institutional confidence in Sei’s long-term vision.
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Latest News
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BNB Surpasses 860 USDT with a 3.51% Increase in 24 Hours
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