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Elon Musk just confirmed the wild rumors and it's all tied to the massive $37 trillion U.S. debt bomb. He was pushing hard to get Trump back in the White House last year, warning that this debt crisis could send Bitcoin flying. But now? Musk and Trump are clashing over Trump’s “one big, beautiful bill” that raised the debt ceiling. With the economy on edge and this debt balloon ready to burst, all eyes are on $BTC . This could be the moment everything changes. Stay sharp the next big move might already be in motion. #BTCUnbound #CFTCCryptoSprint # #BTCReserveStrategy
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89% probability of "Rate Cut" in September. Rate cuts are generally Bullish for the market. $BTC #CFTCCryptoSprint #Succinct
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📰 Key Headlines Trump administration establishes U.S. crypto reserve On August 4, the administration announced a strategic crypto reserve, including Bitcoin and other digital currencies, marking historic national-level adoption . CoinDCX resumes after security breach The Indian crypto exchange CoinDCX reopened withdrawals following a $44 million hack. CEO Sumit Gupta confirmed no user funds were lost and full operations have resumed safely . UK fintech regulator strengthens crypto push The Financial Conduct Authority (FCA) in the UK has appointed former Standard Chartered executive Anurag Bajaj to bolster its crypto and payments division. The move is part of broader efforts to attract digital asset firms and innovation . George Osborne warns UK at risk of being left behind In the Financial Times, the former UK Chancellor criticized the country’s cautious crypto stance. He pointed to other jurisdictions—such as the U.S., Singapore, and Abu Dhabi—that are embracing regulatory frameworks like the GENIUS Act while warning the UK risks missing out on growth potential . 📊 Market Updates & Trends Bitcoin and Ethereum ETF movements Bitcoin saw a pullback toward **$113,800 $BTC #TrumpTariffs #BTCReserveStrategy #ETFvsBTC
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$BTC Faces Sharp Drop as Long Liquidations Hit $195M After Tariff News Bitcoin price took a strong hit recently, falling by nearly 4 percent to around $113K. This drop came after fresh news about tariffs from Donald Trump caused panic in the markets. As a result, long traders were caught off guard, leading to massive losses. In total, over $195 million worth of long positions were liquidated across all major exchanges. The chart from CryptoQuant shows this clearly. On the same day as the price fall, long liquidations (green bars) spiked heavily. Before the drop, the price had been moving sideways with mild ups and downs. But once the news broke out, selling pressure increased quickly, pushing prices lower and triggering a long squeeze. This drop is important because such high liquidation levels often lead to quick market reactions. Many traders who borrowed funds to bet on the price going up were forced to sell when prices moved the other way. This caused a chain reaction, leading to even more sell-offs and more liquidations. At its lowest point, Bitcoin hit $113K before showing a small recovery toward $115K. Still, the pressure remains high, and traders are likely to stay cautious. If similar news continues to come out, we may see more liquidations and further downside risk. For now, it’s a waiting game. The market needs to find some stability. Traders should watch news closely and manage risk smartly to avoid getting trapped in sudden moves like this one. $BTC #TrumpTariffs #ProjectCrypto #Write2Earn
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🎁$BNB Button game is here. Just click on the button and win 5 $BNB Tokens
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