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๐ค It's a very busy week Hey, guys. This week will be one of the busiest weeks in macro data in recent times. ๐ This week there will be inflation, important data on oil inventories, GDP in countries like Japan, Britain, US jobless claims and many others. It is a super active week, which can bring good volatility to the markets. We will talk more about all these data closer to their release. It may be a key week that will determine the market direction for the near future. #bullrun2024๐๐ #MarketDownturn #BTCโ
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โ๏ธ The TrumpCoin meme token, supposedly linked to Trump's son and investor Martin Shkreli, crashed by 99.9% within minutes Developers withdrew liquidity worth over $50 million โ ๏ธ #MarketDownturn
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๐ Buterin's NEIRO sale triggers 60% drop The meme coin NEIRO crashed by 60% after Ethereum co-founder Vitalik Buterin sold over 17.1 billion tokens (4% of the supply) for 44.4 ETH ๐จ๐ฆ The Neiro team had confirmed Buterin's 4% ownership, valued at $130,000 โน๏ธ #MarketDownturn #ETH๐ฅ๐ฅ๐ฅ๐ฅ
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โถ๏ธ Experts blame Market crash on Jump Trading sell-off Experts attribute the crypto market crash to Jump Trading's portfolio sell-off ๐ฃ CEHV's Adam Cochran and Cake Group's Julian Hosp criticize the firm's timing and suggest motives like liquidity needs or exiting the crypto space ๐ Matrixport's Benjamin Stani also cites macroeconomic factors such as weak U.S. trading and an 8% drop in Asian indices ๐ #MarketDownturn #BTCMarketPanic $BTC
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๐ผGemini: Crypto market set for two-year growth After Bitcoin's correction from $70k in July-August 2024 to below 49k, Gemini experts predict a two-year growth driven by infrastructure, regulatory changes, and monetary policy๐ฅบ Early 2024 surges were fueled by Bitcoin ETF optimism. Post-March, Ethereum fell 22% and Bitcoin 12%, but long-term outlooks remain positive ๐ก #MarketDownturn #BTCโ
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