🎯 Trump takes lead over Harris in presidential race
After receiving support from Elon Musk in a campaign over the weekend, Donald Trump's vote rate has surpassed Ms. Harris in the race to the White House.
However, historical data shows that Mr. Trump is losing in some important states such as Nevada or Ohio, both of which contributed to the victory of previous candidates.
There is only about 1 month left until the US presidential election. With this fierce tug-of-war, who will be elected and which direction will the crypto market take?
📌 What happened before the 2021 altcoin season started?
And is this the time?
In today's article, I will compare the chart of $SOL. I chose this coin because the Market Makers of this project are the biggest drivers in the market and they clearly understand when is the time to pump altcoins.
1, Looking back at Sol's history
🔴More than 750 million USD liquidated in the last 24 hours!
In the last 24 hours, 201,134 traders have gone to the island with a total liquidation of 771.05 million USD.
In the last hour alone, nearly 400 million USD has disappeared after the dump to 52K3, of which 87% belongs to the Long team.
Did everyone go to work on time this morning? 😌
The financial market is a crazy place!
Yesterday after the news of the US unemployment claims rising sharply + Manufacturing weakening significantly, the US stock index and $BTC were very volatile
Over the past year, we have become accustomed to bad news being good news because the FED will lower interest rates!
But yesterday, who in the market went around saying that bad news is bad news - a fucking recession is coming so the FED will lower interest rates 😂😂😂 so the SPX went from green 1% to negative 1.5% - $BTC dumped to 62k according to
Regarding the issue of whether there will be a recession in the near future? I personally still believe that there will be no recession or crisis
It is good that people are pessimistic before all the good things actually come like now
🚨 Michael Saylor announced that MicroStrategy has acquired another 169 BTC worth $11.4 million in July 2024.
With this deal, MicroStrategy now holds 226,500 BTC equivalent to about $14.6 billion and is making a profit of more than 75%
Notably, MicroStrategy revealed that it will file with the SEC to issue another $2 billion in shares to continue buying more BTC.
Now I understand why Bitcoin has been crashing these past few days 😄
🔥NEARLY 1.5 BILLION USD TOKENS WILL BE UNLOCKED TO THE MARKET IN AUGUST 2024!
August 2024 is probably one of the recent months that witnessed such a large token unlock, with nearly 1.5 billion USD tokens unlocked to the market.
More than 50 projects have a token unlock schedule with major projects such as SUI, AVAX, XAI, ALT, APTOS, ARB... In which, the most notable are Wormhole (W) and Avalanche (AVAX) will unlock more than 300 million USD.
Thien will leave details of the token unlocks in August in the comments below, everyone remember to follow to make your own investment decisions 👇
🇺🇸 The US government just transferred $2 billion worth of Bitcoin to a new wallet address, BTC dumped to 66K9
This is part of the Bitcoin that the US confiscated from the Silk Road black market. The reason for the latest Bitcoin transfer from the US is still unclear.
Interestingly, Donald Trump said that if elected, he would create a Bitcoin reserve and never sell the Bitcoin they own 2 days ago 👀
I wonder what the latest move from the US means?
🇺🇸 The July FOMC meeting will take place at 6:00 p.m. on July 31, Vietnam time.
Experts predict that the FED will continue to maintain the current interest rate, ranging from 5.25% to 5.50%.
The CME FedWatch tool also shows consensus with the above opinion when 96% of investors predict that the interest rate will also remain unchanged at the July FOMC meeting.
However, the market is still quite waiting for the meeting's developments because the FED's message also has a lot of meaning for the financial community to predict the upcoming moves.
The crypto market may experience fluctuations with this important information. Please pay attention to protecting your accounts and be careful with your Long / Short positions when the news is released!
I wonder where the FED General will lead the market this week, everyone?