🚨 Market Update: Bitcoin Rejects $70K, Slides to $65K! 📉
Bitcoin's attempt to reclaim $70,000 failed, retreating to $65,700 amid shifting market sentiment.
Key Highlights: 📍 Altcoins Hit Hard: SOL & ETH down over 6%, erasing recent gains. 📍 Macro Pressure: Hotter U.S. PPI data and Nvidia's decline dragged risk assets lower. 📍 USDT Alert: Exchange reserves dropped from $60B to $51.1B. A dip below $50B could spark a massive sell-off. 📍 Range Bound: BTC remains stuck in the $60K - $70K zone since Feb 5th.
Prediction: Will the $60K bottom hold for March, or are we going lower?
🚨 BREAKING: U.S. Senators Call for Binance Investigation
9 U.S. Senate Democrats have urged the Treasury & DOJ to probe Binance over "illicit finance controls."
Quick Summary: 📍 The Concern: Alleged unauthorized funding flows. 📍 Binance Response: Co-CEO Richard Teng calls these reports "inaccurate" and "defamatory." 📍 Context: Part of the ongoing U.S. Digital Asset regulatory debates.
Stay sharp and stay updated! 📉📈
What’s your take on this regulatory move? Let’s discuss below! 👇
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🚀 BTC to $70K? The "10 AM Dump" Stops! Bitcoin is ripping higher as the mysterious "10 AM Dump" finally disappears! 🛑📉
What Happened? ⚖️ Jane Street Sued: Terraform Labs filed a massive lawsuit against Jane Street for market manipulation. 🛑 The Result: The daily 10 AM price slam abruptly STOPPED right after the news!
Quick Stats: ✅ BTC: Back above $68,000 📈 ✅ ETF Inflow: $506 Million added today! 💰 ✅ Alts: $ETH (+13%) & $SOL (+15%) are flying! 🔥
My Take: Was the market being manipulated? If BTC breaks $70K, it's moon time! 🌕🚀