#BTC Bitcoin closes the weekly candle in green after 3 consecutive weeks in red. Last week, following the news about the poor unemployment rate in the U.S., this helped increase the likelihood of a rate cut by the Fed in September to 100%. This week will also be very important with the U.S. CPI news. We need this index to remain good to avoid people doubting that the U.S. economy is in recession due to the Fed's slow response. Altcoins are temporarily still stable after 3 weeks of #BTC price drops, showing stronger performance compared to the previous period when BTC's dominance gradually decreased. Regarding the price of #BTC, we are monitoring the next range for BTC around $114-115k; if BTC can hold this level for 2-3 days, it will be fine. #Bitcoin #BTC #Ethereum #ETH #SOL #BNB #SUI #SEI #APT #BERA #SOMI #ZRO #ZK #STRK #OP #ARB #EIGEN #PEPE #DOGE
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