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Dear @marketreport
I woke up in the middle of the night and experienced quite a shock to see price of Bitcoin close to $15k level. I must admit, that going back to sleep was not easy at all.
My guess is that current price drop has been caused by mid-term elections in US. That's from macro point of view. Additionally it seem that Binance buying FTX exchange caused wave of panic sale.
It's hard to find any more crutial reasons than those two. Wouldn't you agree?
It's also worth to remember, that today (on 10th) new inflation reading in US will be announced. This may also have quite a strong impact on bitcoin short-term price movement. Especially since level of inflaiton will greatly determine upcoming steps taken by FED.
So much is happening. How are you doing during those challenging times? Hopefully you don't have your assets on FTX?
I also wonder if at the end of the day Binance will buy FTX or will they change their mind ....
Cheers, Piotr
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Thanks for your new update with important information.
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You are really doing the great job.
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It was very useful and valuable information.
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Thanks for keeping us updated.
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I like to know every information what you are providing us regularly.
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interesting and important information, thank you very much for sharing
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thank you so much for sharing the news, have a nice day
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Hello @marketreport… I have chosen your post about “-STOCK MARKET CRATERS, CRYPTO CRUSHED... Gold, Silver, And Crude Fall. IMPORTANT UPDATES. Mannarino-” for my daily initiative to retest - vote and comment…
Let's keep working and supporting each other to grow in Steemit.
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Thanks for keeping us updated and informed, with the MarketReport, Gregory Mannarino - @marketreport.
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