Don't miss SHIB, Buy and Hold you will fly over the MOON. 🙂 | Laahooti 110 on Binance Square

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Don't miss SHIB, Buy and Hold you will fly over the MOON. 🙂
#SHIB #learneandearn #bullruns #CryptoUpdate🚀🔥 #PepeCoinForecast 

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Bitcoin price today: drops to $63k amid regulatory woes, ETF outflows Bitcoin price fell on Tuesday as sentiment towards cryptocurrencies showed little signs of improvement amid regulatory woes and as outflows from investment products, specifically exchange-traded funds, remained in play. The world’s largest cryptocurrency fell 1% in the past 24 hours to $63,558.2 by 01:52 ET (05:52 GMT). Sentiment towards crypto markets was battered this week by a report showing that less than 10% of overall stablecoin transactions- which are a key vehicle for transacting in crypto- were organic or from real users. The report raised questions over just how much retail demand there actually was for crypto, given that stablecoin operators, specifically Tether- clocked consistent increases in market capital. Additionally, trading app Robinhood Markets Inc (NASDAQ:HOOD) said it was facing potential regulatory action from the Securities and Exchange Commission over crypto tokens traded on its platform. The SEC was also seen postponing a key decision on ETFs. The negative factors came amid sustained outflows from crypto investment products, indicating that sentiment towards the space remained largely negative. Bitcoin ETF outflows extend into third straight week Data from digital asset manager CoinShares showed on Monday that crypto investment products saw a third straight week of sustained capital outflows. Overall outflows amounted to $435 million, with Bitcoin products seeing outflows of $423 million. Outflows from Grayscale’s Bitcoin ETF still made up a bulk of the overall outflows. But capital inflows into other Bitcoin ETFs were also seen slowing substantially. Weakening flows came amid a dearth of immediate cues for crypto markets, after Bitcoin’s halving event passed with little fanfare. The token was also largely rangebound after surging to record highs in March.

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What about PEPE? 🤔 Pepe Coin’s (PEPE) rise in 2023 was nothing short of impressive, rallying to more than a $1 billion market cap in a bear market. Since then, the meme coin has since cooled down, with its market cap falling below $400 million once more. But for meme coins like PEPE whose community remains strong, the show is far from over, especially when they are yet to see their very first bull market. Going by the growth of meme coins in the 2021 bull market, with the likes of Shiba Inu crossing the $30 billion market cap, the PEPE coin could be quite undervalued at these levels. Reaching the $20 billion market cap mark would mean a more than 50x increase from here, with the types of gains that cannot be gotten with the likes of Bitcoin. $PEPE

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AsalamoAlaikum (Ya Ali MADAD) Eid wishes to all Binance users. ________________________ | | | $SHIB To The 🌙!! | |＿＿＿＿＿＿＿＿＿＿＿＿＿| \ (👀) / \ / —— | | |_ |_

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$SHIB If SHIB succeeds in closing the day above this level, the analyst believes the price range between $0.00003050 to $0.00003200 to present the first blockage due to many day traders attempting to take profits at this SHIB price range. If SHIB overcomes this challenge, the biggest sell wall awaits at $0.00003455, continuing until $0.000036.

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