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"Red hot coin" today (April 7, 2025) is mainly due to the following reasons:

Capital outflow from Bitcoin ETFs: Large investors are withdrawing capital from ETFs, especially GBTC, creating significant selling pressure.

Negative market sentiment: After a strong rally recently, investors are taking profits, coupled with concerns over new regulatory policies causing many to flee.

Government actions: Countries, including Vietnam and the US, are considering tightening regulations on digital assets, raising concerns about the future of crypto.

Natural market correction: After the recent rapid increase, a correction is normal to "gain momentum" for a new cycle.

$BTC $ETH here's a breakdown of today's cryptocurrency market, with a touch of humor:
* Bitcoin (BTC):
* The granddaddy of crypto is on its usual rollercoaster ride! Up, down, and around again. It's like watching a high-speed train, with no brakes.
* Ethereum (ETH):
* Ethereum is taking a more leisurely stroll, with a gentle upward tick. It's like watching someone casually browsing the farmers market.
* Other Coins:
* The rest of the crypto crew is following Bitcoin's lead, with some coins jumping for joy and others taking a tumble. It's a real mixed bag of excitement.
In essence, the crypto market today is a bit like a lively fish market, full of activity and a wide variety of "flavors." If you're looking for thrills, dive right in! But if you're a bit faint of heart, you might want to watch from the sidelines.
Remember, investing in crypto requires a "cool head and a warm heart." Don't just jump on the bandwagon because you see others making gains, or you might end up with regrets.
To get the most up to date information, I recomend that you check these websites:
* Binance
* Crypto.com
* CoinMarketCap
* Investing.com
I hope this information is helpful.

Bitcoin "plummets" to 80K USD – Investors grimacing or a chance to cash in?

The crypto market today is hotter than a cup of morning coffee! Bitcoin just took a "nosedive" down to 80,000 USD, causing many traders to sweat bullets. The reason? Trump's new economic policy has made investors anxious, leading to a massive sell-off.

Not only Bitcoin, but Ethereum also faced volatility as whales were liquidated for 308 million USD due to leveraged trading. Meanwhile, Binance has some good news as it just "secured" 2 billion USD in investments from Abu Dhabi, proving that confidence in this exchange remains strong.

Is this a nightmare or an opportunity to snag a good price? Can investors catch the bottom or is there more shock ahead? Surely, the coming days will bring more thrilling developments in the market!

What do you think of this style? If you need any adjustments, just let me know!

Below are some highlights about the crypto market today:

The market is in the red: Ethereum (ETH) dropped 11% to around 2,512 USD, XRP fell 10%, Litecoin decreased by 11%, and EOS also experienced significant declines. This correction reflects the panic sentiment among investors, especially in the context of a lack of positive signals from the market【9】.

Bitcoin under pressure: Although BTC has not experienced significant volatility, the trading volume of Bitcoin ETFs in the US stands at only 44%, indicating a gradual decrease in capital flow【7】.

Warning about Solana: "Whale" options are betting on the decline of Solana, putting significant pressure on the price of this coin【7】.

Panic Sell: Investors are concerned about a prolonged bear market, leading them to liquidate altcoins. However, some experts believe this is an opportunity ahead of an "Altseason" in 2025【11】.

Exchange news: Binance has just announced the listing of new Spot trading pairs on February 25, while Bybit has restored its entire reserves after the 1.4 billion USD hack【7】.

Do you need any updates on any specific coin?

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Below are the notable news in the cryptocurrency market today:

Bitcoin & Ethereum: Both leading cryptocurrencies are facing a major challenge as over 2.04 billion USD worth of options expire today. This could lead to significant volatility in the market【】.

Altcoin & Memecoin:

A token themed "Dogefather" has surged after Elon Musk's latest post【】.

Pi Network is still struggling as the price dropped below 1 USD and exchanges paused token withdrawals【】.

Kanye West is reportedly preparing to launch a memecoin called YZY, attracting significant attention in the market【】.

NFT & Blockchain:

OpenSea has regained a significant market share, rising to 71.5% after announcing the SEA token【】.

Ethereum is about to have an upgrade called Pectra, promising to bring major changes to the staking ecosystem【】.

Policy & Regulation:

Canada has just issued guidelines on the risks of cryptocurrency against

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Today, Bitcoin price is correcting after reaching a record high of $108,244. Currently, BTC has decreased by about 2.4% to $103,688 due to profit-taking by investors. The main reason is the caution before the upcoming interest rate decision of the US Federal Reserve (Fed).

Another factor affecting Bitcoin is that large investors ("whales") have bought about 70,000 BTC in the past week, increasing demand in the market. Meanwhile, only 900 BTC are mined every 48 hours, which could put pressure on the supply if demand continues to increase.

In addition, it is worth noting that former President Donald Trump mentioned the possibility of establishing a "Strategic Bitcoin Reserve", causing BTC price to surge earlier. However, experts are skeptical about the feasibility of this idea.

At the moment, Bitcoin is trading around $99,952 - $100,093, maintaining a long-term uptrend despite the short-term correction.

The US Congress is considering stablecoin legislation – A bipartisan group is drafting a new bill to regulate stablecoins, which stipulates that unregistered stablecoin issuers could face up to 5 years in prison and a fine of 1 million USD.

SEC scales back crypto enforcement unit – The US Securities and Exchange Commission (SEC) is scaling back its cryptocurrency oversight division, which may affect how the agency regulates the industry.

FTX begins debt repayment from February 18 – The FTX exchange has announced a plan to repay creditors, marking an important step following its collapse in 2022.

Bitcoin price recovers to the 100,000 USD mark – Bitcoin has risen back to the 100,000 level.

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Currently, the official TRUMP coin (TRUMP) is experiencing a significant decline. In the past 24 hours, TRUMP has decreased by 16.7%, with the current price around $17.39 (equivalent to approximately 440,669 VND).

Previously, TRUMP reached an all-time high of $75.35 on January 19, 2025, but has since fallen over 76% from that peak.

If you need more detailed information about TRUMP coin, please check on price tracking platforms like CoinMarketCap or CoinGecko.

Today, the price of Bitcoin (BTC) is around $93,120 - $93,256, down about 1.34% in the past 24 hours. In recent days, BTC has dropped from above $100,000 to $93,000, losing about 6.53% in the past week.

The cryptocurrency market in general is trending downward, with many major coins like Ethereum, Cardano, and Polkadot also decreasing in price. If you are tracking BTC price fluctuations, you can get the latest updates from sites like CoinMarketCap or TradingView.

Today, the cryptocurrency market is experiencing notable fluctuations:

Bitcoin (BTC): The price has slightly decreased to below $92,000 as some investors take profits. However, MicroStrategy has continued to purchase an additional 2,138 BTC, bringing its total BTC holdings to 446,400 BTC. Currently, the price of BTC is hovering around $92,800.

Ethereum (ETH): There is no specific information about ETH today, but generally, the market is undergoing a slight correction.

Altcoins: Some major coins like NEAR (-25.73%), Aptos (-26.52%), Filecoin (-33%), Arbitrum (-29.8%) are experiencing significant declines today.

Bitcoin ETF: Bitcoin ETFs in the U.S. are attracting large inflows, with BlackRock's iShares Bitcoin Trust (IBIT) leading the way, raising over $37 billion.

Hacker back in action: A notorious hacker has begun moving 51,000 stolen ETH after nearly two years of inactivity, raising concerns in the market about the potential for a sell-off.

The market is still influenced by macroeconomic conditions and monetary policy, so investors should exercise caution when trading.

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Steps to participate:
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🟢Check $PAWS rewards
🟢Go to "Earn" section to do tasks to receive more