What factors influence the price of cryptocurrencies? 🤔

💲 Supply and demand
💲 Various news, announcements or events in the cryptosphere
💲 Improvements in blockchain technology, protocol updates, or the development of new features
💲 Decisions of governments and special bodies in relation to cryptocurrencies
💲 The interest of investors and traders in a particular cryptocurrency

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News of the past week 🔥

🔸 Bitcoin Tumbles Toward $62K as Crypto Bulls See $150M in Liquidation

The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.

🔸 Japan’s Metaplanet Wants to Buy Another $6M Bitcoin

The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.

🔸 Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet

Dell and Saylor engaged in a short back-and-forth on X over the past day.

Stay tuned for our updates 🔥

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