#MarketTurbulence THIS WHALE JUST BOUGHT $54 MILLION WORTH | Tracie O on Binance Square

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#MarketTurbulence THIS WHALE JUST BOUGHT $54 MILLION WORTH OF #BITCOIN. 
WE'RE SO BACK!$BTC 
BTCUSDT
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TODAY IS A BIG DAY FOR CRYPTO 🚨 At 10AM ET, Powell will deliver a speech at the Jackson Hole Summit. For the past week, the markets have been dumping because of this. The reason is that people think Powell will be hawkish. This is why the September rate cut probability has dropped to 71% But there’s one thing most people are missing. Since the last FOMC meeting, the jobs market has gotten worse. The unemployment rate spiked to 4.2%, initial jobless claims are rising, and jobs data are being revised down. Also, bankruptcies are now at their highest level since 2020. This is all happening while inflation is still below 3%. I think Powell’s speech won’t be as hawkish as the market is expecting. And if he hints about a rate cut, that’ll be the beginning of a massive short squeeze. If he sounds hawkish, the markets won’t dump much as it has already priced that in. In either case, BTC and alts could rally higher in the coming weeks 🚀$BTC #FamilyOfficeCrypto

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#MarketTurbulence BREAKING: 🇺🇸 $2.2 BILLION STRIVE EXPECTS MICHAEL SAYLOR’S STRATEGY TO JOIN THE S&P 500 NEXT MONTH. THIS IS INSANE!$BTC

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#MarketTurbulence Bitcoin (BTC) Price Today: Bitcoin Plunges Below $118K as Inflation Jitters and $1B Liquidations Shake MarketsBitcoin’s sharp drop below $118,000 sent shockwaves through the crypto market on Thursday, as inflation data spooked investors and triggered over $1 billion in leveraged liquidations.The steep decline came after Bitcoin’s recent rally to multi-month highs, raising questions over whether the bull run can sustain its momentum. The sudden market turbulence reflects a broader risk-off sentiment, with both traditional and digital asset traders reacting to fresh U.S. inflation data. While Bitcoin had been trading steadily above key resistance earlier in the week, the sell-off underscores how sensitive the market remains to macroeconomic shifts.$BTC

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