This is just a manipulation by the platform because of the large number of futures contracts that are trading at a low price, which pumps liquidity to hit the stop loss
$BERA This is just a manipulation by the platform because of the large number of futures contracts that are trading at a low price, which pumps liquidity to hit the stop loss, and then the price continues to fall.
Here’s my theory on why altcoins haven’t risen to their previous highs, despite Bitcoin hitting new all-time highs, is the massive increase in the number of cryptocurrencies in circulation. According to CoinMarketCap, the number of coins has increased from 10,000 in 2021 to 20,000 in 2023, and that’s not counting meme coins.
This inflation in the number of coins has a huge impact on the altcoin market. When a fixed amount of money is available to invest in the cryptocurrency market, it is distributed across a larger number of coins, reducing the amount each coin gets. For example, if $100 is distributed across 10 coins, each coin gets $10. But if the same amount is distributed across 100 coins, each coin gets only $1.
This means that altcoins receive less investment, making it harder for them to rise in value. In addition, new coins are constantly being issued, which increases the distribution of investments and makes it difficult for any altcoin to gain enough momentum to reach high levels. For any inquiries, write them in a comment and I will respond to them #BTC #USDT #bitcoin #bnb #ETH
Bitcoin is expected to drop to 97k and 98k and there will be a strong rebound upwards, but if we see a break downwards, the price could drop to 80k. Save this post and you will return to it later.
Bitcoin is expected to drop to 97k and 98k and there will be a strong rebound upwards, but if we see a break downwards, the price could drop to 80k. Save this post and you will return to it later.
the Bitcoin price chart is shown during the terms of US presidents
#TRUMP #bitcoin In the image, the Bitcoin price chart is shown during the terms of US presidents: Obama, Trump, and Biden. The chart shows how the price of Bitcoin rose significantly during specific periods, and hints at the possibility of repeating the pattern if Trump returns to the presidency. • Obama period (2012-2013): Bitcoin price rose significantly from less than $10 to over $1,000. • Trump period (2016-2017): Bitcoin saw a significant rise from around $600 to $20,000. • Biden period (2
What happened today in NVIDIA stock is a real disaster in every sense of the word. The stock lost $465 billion of its market value in one day. This is the highest number in history. This number is not small or trivial. This is equivalent to the economies of countries
📈🤔 #ETH Lost more than 10% in January. Historically, February and March have been the months that bring growth for this cryptocurrency most of the time.
Attention, dear investor! Markets are expected to witness severe volatility this week, both up and down, as a result of asset reallocation and risk reduction by investors. This is due to China’s strong entry into the field of artificial intelligence via the DeepSec platform, in addition to the possibility of the US Federal Reserve raising interest rates, especially with Trump’s recent statements. The US President may even issue a decision to ban DeepSec as a spying tool, which is expected to hap
The digital currency market is now volatile and we do not know its direction, and this is due to Trump and his entry into it, as we noticed after Trump created the meme coin, liquidity exited from alternative currencies and entered his currency, and also waiting for the issuance of a decision to adopt digital currencies, and this is due to the entry of politics into this market and its control over it.
There is a lot of positive news like Lee Trump launching his own meme coin but this does not mean that cryptocurrencies will rise we have to wait until he takes over the presidency it could be positive news which will change the future of crypto or negative news which will lead to price reversal