Bitcvesting
Menuju kebebasan dengan crypto
5 Following
22 Followers
21 Liked
0 Shared
Posts
See original
Whale Sends 25.5 Million #XRP to Exchange, Price Actually Rises 1.6%**
A mysterious wallet has recently sent 25.5 million #XRP or about US$56 million to the Coinbase platform. However, surprisingly, instead of causing the price to plummet, the value of #XRP actually rose by 1.6% in the last 24 hours, Tuesday (01/07).
This is because large transfers to exchanges are seen as a signal of potential massive selling.
On the other hand, this situation also arises amid positive news from Ripple, which has finally halted its legal appeal against the SEC. Moreover, speculation about the possibility of an XRP ETF further strengthens the optimism of this crypto asset community.
*Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).*
$XRP
A mysterious wallet has recently sent 25.5 million #XRP or about US$56 million to the Coinbase platform. However, surprisingly, instead of causing the price to plummet, the value of #XRP actually rose by 1.6% in the last 24 hours, Tuesday (01/07).
This is because large transfers to exchanges are seen as a signal of potential massive selling.
On the other hand, this situation also arises amid positive news from Ripple, which has finally halted its legal appeal against the SEC. Moreover, speculation about the possibility of an XRP ETF further strengthens the optimism of this crypto asset community.
*Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).*
$XRP
See original
everything about time. patience, consistency, and discipline are the keys to success.
#SOL #MetaplanetBTCPurchase
#SOL #MetaplanetBTCPurchase
SOLUSDC
Long
Closed
PNL (USDT)
+4.94
+24.36%
See original
@everyone
**CPI Projected to Rise to 2.5%, What About Bitcoin?**
The Consumer Price Index (CPI) in the United States (US) is projected to rise to 2.5% from the previous 2.3% according to data from Investing.com. This increase comes as reciprocal tariffs for several countries come into effect.
The rise in CPI indicates that inflation is starting to respond to tariff policies, particularly in categories of consumer goods that are directly affected. Economists predict that inflationary pressure from this policy will become more pronounced in the coming months.
Additionally, Bitcoin (BTC) often serves as a positive catalyst against higher inflation. According to historical data, when inflation rises, interest in hedging assets like Bitcoin also increases as investors seek protection from the declining purchasing power of fiat currencies.
As a note, if CPI increases, Bitcoin has the potential to see a demand boost as a hedging asset. However, if inflation is considered too high and triggers concerns over interest rate hikes, Bitcoin's volatility could become more difficult to predict.
On the other hand, if inflation slows below expectations, for example to 2.3%-2.4%, the pressure on The Fed to raise interest rates decreases. This could be good news for the crypto market as it may encourage liquidity.
Meanwhile, a decrease in inflation could also signal a slowing economy, which serves as a cautionary signal for investors regarding volatility across various market sectors.
*Disclaimer Alert. Not Financial Advice* (NFA). *Do Your Own Research* (Bloomberg Image Source: Bloomberg
#TradingTypes101
**CPI Projected to Rise to 2.5%, What About Bitcoin?**
The Consumer Price Index (CPI) in the United States (US) is projected to rise to 2.5% from the previous 2.3% according to data from Investing.com. This increase comes as reciprocal tariffs for several countries come into effect.
The rise in CPI indicates that inflation is starting to respond to tariff policies, particularly in categories of consumer goods that are directly affected. Economists predict that inflationary pressure from this policy will become more pronounced in the coming months.
Additionally, Bitcoin (BTC) often serves as a positive catalyst against higher inflation. According to historical data, when inflation rises, interest in hedging assets like Bitcoin also increases as investors seek protection from the declining purchasing power of fiat currencies.
As a note, if CPI increases, Bitcoin has the potential to see a demand boost as a hedging asset. However, if inflation is considered too high and triggers concerns over interest rate hikes, Bitcoin's volatility could become more difficult to predict.
On the other hand, if inflation slows below expectations, for example to 2.3%-2.4%, the pressure on The Fed to raise interest rates decreases. This could be good news for the crypto market as it may encourage liquidity.
Meanwhile, a decrease in inflation could also signal a slowing economy, which serves as a cautionary signal for investors regarding volatility across various market sectors.
*Disclaimer Alert. Not Financial Advice* (NFA). *Do Your Own Research* (Bloomberg Image Source: Bloomberg
#TradingTypes101
See original
# **Bitcoin Reaches US$110 Thousand Again, Ready to Break New Highest Point?**
Bitcoin has once again set a record by surpassing the US$110,000 level on Tuesday (10/06) morning, driven by positive sentiment from trade negotiations between the United States and China.
Interestingly, Bitcoin (BTC) recorded an increase of 3.5% and nearly 5% over the week, indicating a strong recovery from previous pressures. The price of Bitcoin is now just slightly away from its all-time high of US$112,006 reached last month.
The surge in Bitcoin's price, supported by renewed optimism from US-China trade talks, has encouraged investors to take another look at digital assets. This reflects the influence of geopolitical developments and global economic conditions on Bitcoin's volatility.
*Disclaimer Alert. Not Financial Advice* (NFA). *Do Your Own Research* (DYOR).
#TrumpTariffs #BTC
Login to explore more contents