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BeyOglu - The Analyst
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🔥 ADOPTION: 14 of the top 25 US banks are building Bitcoin products for customers, according to River.
Slowly, then all at once.
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BeyOglu - The Analyst
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Bitcoin is continuously facing descending trend line. $BTC made a strong pullback from the support price level and made a good day close at $87,863 after making a high above $88,000. Bitcoin is just keep facing decline as the day start, at the time of writing this Bitcoin is trading near $86,500.
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2025 will be the year of alts. Alts in 2025:
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$OM has been up nearly 40% in last 24 hrs. OM has break above the downtrend, and has been up nearly 40% in 24hrs, the next strong resistance point is 0.135$. Keep an eye on this level.
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Bitcoin slides with ether and XRP as market tests $3 trillion floor A pullback across crypto markets continued on Wednesday, as overall capitalization dropped below $3 trillion for the third time in a month, testing a level that may open the door to further weakness. Selling pressure was concentrated in large-cap assets, particularly those with active ETF exposure, suggesting a shift in institutional positioning rather than broad retail capitulation. Bitcoin BTC $86,918.02 slipped 1.5% to $86,580, partly reversing Tuesday's gain. The weakness weighed over the broader crypto market, arresting XRP's ($XRP ) recovery at around $1.90. Ether $ETH $2,941.84 fell back to $2,930 from the overnight high of around $2,980, CoinDesk data show. These major tokens, which benefited most from early-year institutional inflows, are now leading the downside as sentiment cools.
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The US labor market ground to a halt in 2025. The risk in 2026 is that it 'cracks.' It was a tough year to be looking for work — and the job market is not expected to get much better. Americans looking for work in 2025 have faced a challenging environment. And 2026 may not be much better. The November jobs report out Tuesday showed the unemployment rate unexpectedly jumped to 4.6% — relatively low by historical standards but the highest since mid-2021. Meanwhile, recent data from the University of Michigan showed that as of November, the majority of consumers expected unemployment to rise in the year ahead.
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