VVV saw unusual activity, rising 10.33% in the last 24 hours.
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Binance - VVV is currently priced at $19.84, up 10.33% in the last 24 hours. 24-hour trading volume was $100 million, representing a 129.64% increase. (For reference only)
CZ published an article analyzing the potential reasons for the recent decline in the cryptocurrency market, emphasizing that no one can be certain of the real cause, and that correlation does not equate to causation.
CZ clarified that Binance has not sold off cryptocurrencies, and that he personally bought them on dips over the past few days.
Over the past few weeks, whales have been putting increasing selling pressure on Bitcoin on exchanges.
Whales deposit approximately $55 million more Bitcoin daily than they withdraw.
If the market switches to a net withdrawal status, it will be an initial sign that whales are ceasing to distribute Bitcoin. (glassnode)
Michael Saylor commented when Bitcoin's price fell below Strategy's cost basis, suggesting that this pullback needed a touch of orange. Strategy holds 850,364 BTC with an average cost basis of $75,446, which is about 17% higher than the current BTC price of $64,673.
U.S. Treasury Secretary Bessant stated that core inflation remains moderate and is close to the Federal Reserve's target, and he expects the inflation rate to decline significantly next month.
Bessant warned the Federal Reserve against tightening monetary policy and urged it to look forward. Furthermore, both US President Trump and Bessant expressed confidence in Federal Reserve Chairman Kevin Warsh's ability to fulfill his dual mandate. (Source: Sina Finance)
Binance - VVV is currently priced at $19.84, up 10.33% in the last 24 hours. 24-hour trading volume was $100 million, representing a 129.64% increase. (For reference only)
