Binance Square
LIVE
LIVE
LONG BTC
--9k views
🚀Cryptocurrency markets are buzzing with excitement as Tether takes the spotlight once again! Recent data from Santiment reveals a significant surge in Tether's presence on exchanges, suggesting that investors may be gearing up for fresh buying opportunities.📈 The amount of USDT on exchanges has recently increased from 17.6% to 24.7%, indicating growing interest from investors looking to enter or re-enter the crypto market.🌐 This comes as Bitcoin recently breached the $28,400 mark for the first time since mid-August, igniting optimism among investors who believe that "Uptober" has finally arrived.🎉 With Bitcoin wallets holding 10-10K BTC accumulating billions of dollars in the past month, this could potentially drive prices even higher. So, keep your eyes on the prize and stay tuned for more exciting crypto news!👀💰

🚀Cryptocurrency markets are buzzing with excitement as Tether takes the spotlight once again! Recent data from Santiment reveals a significant surge in Tether's presence on exchanges, suggesting that investors may be gearing up for fresh buying opportunities.📈

The amount of USDT on exchanges has recently increased from 17.6% to 24.7%, indicating growing interest from investors looking to enter or re-enter the crypto market.🌐

This comes as Bitcoin recently breached the $28,400 mark for the first time since mid-August, igniting optimism among investors who believe that "Uptober" has finally arrived.🎉

With Bitcoin wallets holding 10-10K BTC accumulating billions of dollars in the past month, this could potentially drive prices even higher. So, keep your eyes on the prize and stay tuned for more exciting crypto news!👀💰

Ansvarsfraskrivelse: Indeholder udtalelser fra tredjeparter. Ikke økonomisk rådgivning. Kan indeholde sponsoreret indhold. Se vilkår og betingelser.
0
Udforsk de seneste kryptonyheder
⚡️ Vær en del af de seneste debatter inden for krypto
💬 Interager med dine yndlingsskabere
👍 Nyd indhold, der interesserer dig
E-mail/telefonnummer
Relevant skaber
LIVE
@Square-Creator-4d9133520

Udforsk mere fra skaberen

--
🎉Whoop! Whoop! Bitcoin (BTC) is on the move again, folks! 🚀 It's soared past the $60,000 mark and is now chilling in the $67,000 zone, thanks to the lower-than-expected inflation rate in the US. 🇺🇸 CryptoQuant's latest report suggests that the decline in BTC selling pressure is helping to sustain this rally. 📉 However, the demand for the cryptocurrency is yet to pick up. 🧐 The decrease in selling pressure is evident in the on-chain activity of short-term holders and the balances on over-the-counter (OTC) desks. 📊 The BTC balance on OTC desks has been steady since late April, indicating less bitcoin supply from market participants. 📈 Short-term BTC holders are currently at low or negative profit margins, which historically coincides with a local bottom in prices. 😲 Miners' low profitability further supports the possibility of a market bottom. They're extremely underpaid right now, with profitability levels last seen in March 2020, right after the COVID market crash. 😷 Historically, extremely low miner profitability has been associated with price bottoms. 📉 On the flip side, Bitcoin demand growth seems to be stabilizing after a month of deceleration. 📊 The rise in BTC balances of permanent holders and large investors indicates higher demand from these market participants. 📈 However, BTC demand needs to surge further to sustain the latest price rally. This could come from the spot Bitcoin exchange-traded fund (ETF) market and other Bitcoin investment funds. 💰 CryptoQuant analysts suggest that the crypto market needs a new wave of spot Bitcoin ETF purchases to refresh demand growth. 🌊 Stablecoin liquidity growth is also surging, signaling potential movement to the upside for BTC. 🚀 So, keep your eyes on the prize, Bitcoin enthusiasts! The game is on! 🎉🎉🎉
--

Seneste nyheder

Vis mere
Sitemap
Cookie Preferences
Vilkår og betingelser for platform