Video Description
Every crowded trade in this market broke this month, and Bitcoin did not. SpaceX is trading around $112, roughly half its post-IPO high, with short sellers up an estimated $15.5 billion and 911.5 million shares unlocking on August 6. The chip index fell into a bear market on July 17 and clawed back out. Alphabet and Tesla printed negative free cash flow. HYPE is 25% below its June high with record open interest sitting on it. And Bitcoin spent the same six weeks holding $65,000 while whales added 66,700 coins and exchange reserves sat at their lowest since early 2023.
#Bitcoin #Crypto #BTC #SpaceX #Fed #Markets #Hyperliquid
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This video from VirtualBacon provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
đĄ What You Should Know
About This Source: Youtube Virtual Bacon is tracked by Crypto-Headlines to provide you with timely updates from trusted voices in the cryptocurrency community.
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