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Why the Crypto Market Was Down This Week This week, the crypto market experienced a noticeable downturn driven by several key factors. Foremost among them was investor caution ahead of the U.S. Federal Reserve's interest rate decision. Although rates were expected to remain steady, uncertainty around future rate cuts and key macroeconomic indicators—such as GDP data, personal consumption, and employment figures—made traders hesitant, reducing appetite for risk assets like crypto. Another major factor was profit-taking. After Bitcoin rallied past $120,000 earlier in July, many traders locked in gains, leading to capital rotation from altcoins to Bitcoin or fiat. This caused altcoins like Solana, Cardano, and Dogecoin to suffer steeper losses. Regulatory uncertainty also weighed on the market. While Bitcoin and Ethereum ETFs have been approved, other altcoin ETFs remain pending, creating concern and selling pressure around those assets. Additionally, Bitcoin’s price consolidation around the $117,000–$120,000 range, combined with cooling technical indicators, signaled a temporary stall in bullish momentum. Despite these short-term declines, the market showed resilience. A major $9 billion Bitcoin sale was absorbed with minimal disruption—highlighting increasing institutional support. Overall, the dip appears to be part of a healthy correction rather than a long-term bearish reversal. #CryptoMarketUpdate #Bitcoin #Altcoins #CryptoNews #BTC #ETH #BNB_Market_Update #solana

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Smart Techniques to Make Money in Cryptocurrency #CryptoProfitTips Making money in cryptocurrency requires more than just luck—it demands smart techniques and strategic thinking. First and foremost, do your own research (DYOR). Never invest blindly based on hype or social media trends. Study market patterns, understand blockchain projects, and follow credible sources. A common technique is HODLing, where investors buy and hold assets like #Bitcoin or #Ethereum for the long term. This requires patience and belief in the asset's future value. On the other hand, day trading involves buying low and selling high within short periods, which can be profitable but risky without deep market knowledge. Diversification is key. Don’t put all your funds in one coin—spread across multiple promising projects to reduce risk. Also, staking and yield farming allow you to earn passive income from holding certain cryptocurrencies. Most importantly, use your brain, not emotions. Emotional decisions lead to panic selling or greedy buying. Stick to a strategy, set stop-loss limits, and only invest what you can afford to lose. Cryptocurrency is a volatile but rewarding space for those who stay informed and think critically. Intelligence, not impulse, is your best asset. #CryptoMoney #SmartInvesting #CryptoStrategies #ThinkBeforeYouTrade #UseYourBrainCrypto #BTC #ETH share it! #WalletConnect and $WCT and mention @WalletConnect

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Latest News

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Ethereum(ETH) Surpasses 3,500 USDT with a 0.66% Increase in 24 Hours

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BNB Surpasses 750 USDT with a Narrowed 0.36% Decrease in 24 Hours

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