๐ CMC Daily Analysis: The Longest Bull Run Weโve Ever Seen?
Institutions favor $BTC over $ETH!
Analysts predict 10-year rally!
Catizen preps token launch!
Fed rate cut looms!
Let's unpack today's crypto market ๐งต
1/6
Institutions favor $BTC over $ETH!
Analysts predict 10-year rally!
Catizen preps token launch!
Fed rate cut looms!
Let's unpack today's crypto market ๐งต
1/6
๐ Market Overview:
Exchange trading volume down.
$BTC flirts with $60K, settles at $58K.
Fed expected to cut rates for first time since 2020.
MicroStrategy's $1.1B BTC buy.
2/6
Exchange trading volume down.
$BTC flirts with $60K, settles at $58K.
Fed expected to cut rates for first time since 2020.
MicroStrategy's $1.1B BTC buy.
2/6
๐ Analysts Predict Decade-Long Bull Run:
Michaรซl van de Poppe and Raoul Pal hint at 10-year crypto and commodity rally. Commodities at 2000 levels. Global liquidity spike expected.
3/6
Michaรซl van de Poppe and Raoul Pal hint at 10-year crypto and commodity rally. Commodities at 2000 levels. Global liquidity spike expected.
3/6
๐ฎ Catizen's $CATI Token Launch:
Set for September 20.
Snapshot of player progress on September 14.
Eligibility criteria and exchange listings to be announced.
4/6
Set for September 20.
Snapshot of player progress on September 14.
Eligibility criteria and exchange listings to be announced.
4/6
๐ผ Institutional Moves:
MicroStrategy buys 18,300 $BTC for $1.1B, average price $60,408.
Total holdings now 244,800 BTC ($14.14B).
Circle moves HQ to New York, going public.
Predicts stablecoins as "internet's new currency".
5/6
MicroStrategy buys 18,300 $BTC for $1.1B, average price $60,408.
Total holdings now 244,800 BTC ($14.14B).
Circle moves HQ to New York, going public.
Predicts stablecoins as "internet's new currency".
5/6
๐ก Market Insights:
Watch Fed's rate decision closely.
Consider diversifying investments.
Strong mining activity and network growth are positive for $BTC.
Stay informed, stay ahead: coinmarketcap.com
6/6
Watch Fed's rate decision closely.
Consider diversifying investments.
Strong mining activity and network growth are positive for $BTC.
Stay informed, stay ahead: coinmarketcap.com
6/6
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