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The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI).
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The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI). Bitcoin briefly dipped below $112,000 as traders adjusted positions, while Ethereum ETFs saw strong inflows of $729 million despite the market turbulence. The market's sensitivity to macroeconomic indicators highlights the growing correlation between crypto and traditional markets.
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#CreatorPad What is Creator Pad? Creator Pad is a feature within Binance Square that allows users to earn rewards by completing tasks. It's a way for Binance to incentivize content creation and community engagement on the platform. Think of it as a "treasure hunt" where users complete challenges to earn rewards, like digital tokens.
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#MarketTurbulence The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI). Bitcoin briefly dipped below $112,000 as traders adjusted positions, while Ethereum ETFs saw strong inflows of $729 million despite the market turbulence. The market's sensitivity to macroeconomic indicators highlights the growing correlation between crypto and traditional markets.
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