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The cryptocurrency was trading at $69,000 at the start of US trading on Tuesday - down 4.5% over 24 hours - while the fallout from the first Bitcoin sell-off by Strategy in four years continues to impact sentiment, with institutional capital flow diving deeper into artificial intelligence rather than digital assets. The low from February 6 at $60,000 is back in the conversation. Analysts note that the $63,000 zone is likely a more significant "retest level" since $60,000 was just a momentary anomaly rather than sustainable support. Anyway, a level that seemed like ancient history two weeks ago is now a realistic scenario on the near horizon.
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If the market dips 10% tomorrow, what are you doing with $BTC and $ETH?
Personally, if $BTC drops below 93k, I'm going to DCA (dollar-cost average) in three batches. The reason: I don’t want to throw all my cash in at once; I want to keep some dry powder in case it drops further.
I’m holding onto $BNB because the Binance fees decrease with it, so it's an indirect investment.
What’s your game plan for the drop? Are you buying, selling, or just watching? Share with us 👇
With the development of artificial intelligence and blockchain projects, the @FabricFoundation project stands out as one of the initiatives aiming to build a smart infrastructure that connects data and decentralized applications. What distinguishes this project is its focus on creating a system that can support innovation in various fields such as data analysis, automation, and the development of AI-powered applications.
The @FabricFoundation project draws attention in the blockchain world by building an innovative infrastructure that supports automation and decentralized intelligence. The token $ROBO may play an important role in this ecosystem, and as the project evolves, we may witness broader uses of the token within the network. It is exciting to follow what the team will present in the upcoming stages. #ROBO $ROBO
A federal grand jury indicted a Pakistani man on charges of conspiring with the Iranian government to assassinate American politicians, including President Donald Trump. The New York Times published on X, highlighting the seriousness of the allegations and the international ramifications of the scheme. The ruling underscores ongoing geopolitical tensions and potential threats posed by foreign entities targeting American leaders. The case has drawn significant attention due to its international dimensions and the involvement of prominent political figures. Further details about the scheme and the individuals involved are expected to emerge as the case progresses.
Colombian inflation experienced an unexpected decline in February, contrary to analysts' expectations. Bloomberg reported on X that experts anticipated an increase in consumer prices due to the record rise in the minimum wage this year. The unexpected cooling in inflation suggests that the anticipated pressure on consumer prices did not materialize as expected.
Jim Bianco, head of Bianco Research, posted on X, expects the S&P 500 index to finish the year with growth ranging between 0-5%. This expectation is reasonable given the current market conditions. Bianco's analysis suggests that investors should prepare for moderate gains rather than significant growth by the end of the year. His insights reflect broader market trends and economic factors impacting the performance of the S&P 500.#S&P500
Oil producers are preparing for ongoing market fluctuations as the conflict in Iran continues. Bloomberg reported on X, noting that hedge offices have seen a week of unprecedented activity. The situation in Iran remains tense, contributing to uncertainty in oil markets. As producers face these challenges, they anticipate further fluctuations in the coming weeks. Geopolitical tensions are expected to continue impacting oil prices and market dynamics.
The headline inflation rate in South Korea remained stable at the central bank's target level, indicating that overall price pressures were contained. Bloomberg reported on platform X, noting that this stability comes ahead of the Iranian conflict, which has caused volatility in global energy. The central bank's ability to keep inflation at its target level indicates effective management of domestic economic factors despite external challenges. This situation highlights the potential impact of geopolitical events on global energy markets and their subsequent effect on national economies.
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