US Inflation Data has been released, and here's how it impacted Bitcoin (BTC) and the Dollar (DXY):
🔵 Consumer Price Index (CPI) Monthly: Announced -0.1% (Expected 0.1%, Previous 0.0%) 🔵 CPI Annual: Announced 3.0% (Expected 3.1%, Previous 3.3%) 🔵 Core CPI Monthly: Announced 0.1% (Expected 0.2%, Previous 0.2%) 🔵 Core CPI Annual: Announced 3.3% (Expected 3.4%, Previous 3.4%) 🔵 Unemployment Benefits Applications: Announced 222k (Expected 236k, Previous 238k)
Bitcoin (BTC) saw a boost over the weekend, climbing to over $59,000 from recent lows of $53,500, while the critical inflation data has brought new momentum to the market.
Crypto's $100 billion in illicit Flows Swamp Stablecoins,Exchanges. The highest amount recorded was in 2022, with $30 billion identified, largely attributable to transactions involving sanctioned services such as the Russian exchange Garantex.#bitcoinnewsupdate #CryptoNewss #Market_Update #tradingtechnique
#Binance: From Meme Coin Misfit to Metaverse Mogul. #memorialpost
Remember the days of chasing Doge to the moon? Yeah, me too. My portfolio looked like a meme convention gone wrong.
Then, Binance swooped in like a spaceship to crypto oblivion. Their user-friendly platform and educational resources were my launchpad to a whole new crypto universe. Staking, charts, diversification – they weren't alien languages anymore!
Now, I'm no longer lost in the meme-verse. With Binance's guidance, I'm building a portfolio for the future of finance – the metaverse and beyond! #BinanceTurns7
*Who else escaped the meme coin craze? Share your crypto redemption story!$BNB *#BinanceTournament
A shockwave has shaken the world of crypto. In a matter of hours, Bitcoin plummeted by 8%, Ethereum tumbled by over 10%, and millions of dollars in long positions were liquidated. As traders try to understand the reasons behind this sudden downfall, concerns are growing over the significant movements of funds related to Mt. Gox, the defunct exchange platform. #ethereum #bitcoin $BTC $ETH