💥The United States national debt of US$40 trillion now exceeds 123% of the country’s GDP. Trump is a genius of devastation...😅🤣😂
A #Bitcoin trader, who lost US$4.56 million, opens a new short position with US$23 million over 300 BTC and leverage of 40X. The new short position is opened with BTC trading around US$79,000, up 22% over the past seven days, which means the position is facing one of the strongest BTC rebounds since March 2023.
The price of #Bitcoin, the most valuable cryptocurrency in the world by market capitalization, briefly rose above US$81,000 in the early hours of Tuesday during the Asian market, with a gain of more than 25% over the past week. The rapid rise above the US$70,000 zone triggered massive liquidations of short positions in the derivatives market, accelerating the bullish momentum.
Announcements about the U.S. Treasury bond buyback weakened the yield on sovereign debt and pressured the dollar lower, diverting capital toward higher-risk assets such as Bitcoin and gold. This is the first time since mid-May that Bitcoin has surpassed US$81,000, although it is still far below its all-time high of US$126,000, reached last year.
#EEUU #BonoDelTesoro #DeudaEEUU #BTC #TRUMP $BTC
A #Bitcoin trader, who lost US$4.56 million, opens a new short position with US$23 million over 300 BTC and leverage of 40X. The new short position is opened with BTC trading around US$79,000, up 22% over the past seven days, which means the position is facing one of the strongest BTC rebounds since March 2023.
The price of #Bitcoin, the most valuable cryptocurrency in the world by market capitalization, briefly rose above US$81,000 in the early hours of Tuesday during the Asian market, with a gain of more than 25% over the past week. The rapid rise above the US$70,000 zone triggered massive liquidations of short positions in the derivatives market, accelerating the bullish momentum.
Announcements about the U.S. Treasury bond buyback weakened the yield on sovereign debt and pressured the dollar lower, diverting capital toward higher-risk assets such as Bitcoin and gold. This is the first time since mid-May that Bitcoin has surpassed US$81,000, although it is still far below its all-time high of US$126,000, reached last year.
#EEUU #BonoDelTesoro #DeudaEEUU #BTC #TRUMP $BTC
