šØ Morning Update: Bitcoin Holds Steady Ahead of the Decisive Moment
Election liquidity returns to Binance! š¦ š„
Good morning, great crypto community āļø.. Hereās our quick morning roundup of the biggest developments in the market right now:
1ļøā£ Bitcoin ($BTC) current status:
Bitcoin is currently moving within a very critical consolidation zone around 77,800ā78,000. The market is watching closely today, Tuesday, November 3, the date of the U.S. midterm elections. Historically, this day has seen sharp volatility followed by strong medium-term rallies.
ā¢ š Current support: $77,000.
ā¢ š Next resistance: $78,800, followed by a break above $80,000.
2ļøā£ Confidence returns to Binance ($BNB):
Very positive developments are restoring market confidence and bringing liquidity back. Binance officially announced that it has successfully secured and covered around 95% of the assets affected by the recent hack using its own funds. Withdrawals of major cryptocurrencies such as BTC, ETH, and USDT have gradually resumed and are proceeding steadily, easing earlier fears of panic.
3ļøā£ Ethereum ($ETH) status:
Ethereum is holding steady at $2,260, as whales and institutions (such as Bitmine) continue to accumulate huge amounts. Bitmine alone now controls around 4.9% of the total ETH supply, sending a positive long-term signal.
#BTC #Ethereum #BinanceSquareTalks
Election liquidity returns to Binance! š¦ š„
Good morning, great crypto community āļø.. Hereās our quick morning roundup of the biggest developments in the market right now:
1ļøā£ Bitcoin ($BTC) current status:
Bitcoin is currently moving within a very critical consolidation zone around 77,800ā78,000. The market is watching closely today, Tuesday, November 3, the date of the U.S. midterm elections. Historically, this day has seen sharp volatility followed by strong medium-term rallies.
ā¢ š Current support: $77,000.
ā¢ š Next resistance: $78,800, followed by a break above $80,000.
2ļøā£ Confidence returns to Binance ($BNB):
Very positive developments are restoring market confidence and bringing liquidity back. Binance officially announced that it has successfully secured and covered around 95% of the assets affected by the recent hack using its own funds. Withdrawals of major cryptocurrencies such as BTC, ETH, and USDT have gradually resumed and are proceeding steadily, easing earlier fears of panic.
3ļøā£ Ethereum ($ETH) status:
Ethereum is holding steady at $2,260, as whales and institutions (such as Bitmine) continue to accumulate huge amounts. Bitmine alone now controls around 4.9% of the total ETH supply, sending a positive long-term signal.
#BTC #Ethereum #BinanceSquareTalks