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Today's Top10 Trending Crypto #ETH #BTC #XOXO #TRX #SUI #AVAX #GPS #TON #HYPE #LAYER
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$ETH 1W chart Between Heaven and Hell This Support of $2058 is crucial for $ETH
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🚨🚨 DONT MISS 🚨🚨 CURRENT BITCOIN SUPPORT LEVELS 1. The most recent low is $78,200. Shortly before the Trump announcement spike, in late February 2025, Bitcoin hit its current low of 120 days. This technical and psychological floor supported the latest sell-off. Deeper drops may be hinted at by a break below. 2. $74,000 for Helpful Months At roughly $74,000, Bitcoin intersects the 200-day moving average and a multi-month horizontal line that connects the March and October 2024 tops. In this robust support area, long-term investors may decide to get involved. 3. $87,000 for Temporary Support Just above the pre-announcement range, $87,000, which is consistent with the 50-day moving average, served as resistance during the consolidation period. If selling pressure eases, it might serve as a short-term floor. 4. Level of Psychology: $92,000 Before the drop, the volatility brought on by tariffs in early February turned $92,000 into a battlefield. For the market to continue rising, bulls must protect this important milestone. If Bitcoin is unable to sustain $78,200, the next major support, which is correlated with pre-election levels in October 2024, would be $67,000. On the plus side, getting back $94,000 might make people feel better about $100,000. 💥Bitcoin has both benefits and drawbacks related to Trump's decision on March 3. When the initial exuberance gave way to profit-taking, implementation problems, and macroeconomic headwinds, the price dropped as reality set in. How international markets react to impending tariffs and whether the government acts swiftly to solve the strategic reserve will determine Bitcoin's destiny for the foreseeable future. The aforementioned support levels will determine how this tumultuous event unfolds, so traders should keep a careful eye on them. $BTC
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🚨 Bitcoin's Weekend Gains Evaporate as Fed Warns of Recession Bitcoin's weekend gains disappeared despite Trump's crypto reserve announcement briefly boosting prices. The Federal Reserve predicts a 2.8% GDP drop by Q1 2025, fueling recession fears and hurting crypto sentiment. Trump’s proposed tariffs against key trading partners add pressure, triggering market instability. $BTC
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⚡️ Key Events Calendar for This Week: Monday, March 3: 🇺🇸 USA - S&P Manufacturing PMI (Feb) - 17:45 🇺🇸 USA - ISM Manufacturing PMI (Feb) - 18:00 Tuesday, March 4: 🇲🇽🇨🇦 Mexico & Canada - Introduction of 25% trade tariffs Wednesday, March 5: 🇨🇳 China - Annual parliament sessions begin (March 5-11) 🇺🇸 USA - ADP Nonfarm Employment (Feb) - 16:15 🇺🇸 USA - S&P Manufacturing/Composite PMI (Feb) - 17:45 🇺🇸 USA - ISM Services PMI (Feb) - 18:00 🇺🇸 USA - Fed Beige Book - 22:00 Thursday, March 6: 🇪🇺 EU - ECB interest rate decision - 16:15 🇺🇸 USA - Initial Jobless Claims - 16:30 Friday, March 7: 🇺🇸 USA - Fed Balance Sheet - 00:30 ❗️ USA - Nonfarm Payrolls (Feb) - 16:30 ❗️ USA - Unemployment Rate (Feb) - 16:30 ❗️ USA - First-ever Crypto Summit at the White House $BTC
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Latest News
Trump Blames Biden for Inflation, Calls It an "Economic Catastrophe"
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U.S. To Implement Reciprocal Tariffs Starting April
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Bitcoin Spot ETF Sees Significant Outflow
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Florida Governor Candidate Byron Donalds Advocates Bitcoin in State Reserves
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Trump Prioritizes Economic Recovery
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