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Tamilnadu Crypto News
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By @tamil_btc
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🔥$BTC bullish pennant still in play
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📈Bitcoin broke above the $93,000 level and printed a new all-time high as expected. We may see a continuation of the upward movement in the coming days. The next key resistance is the $95,000 area.🔼
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Just In: South Korea's largest exchange Upbit announced support for JasmyCoin (JASMY) and PolySwarm (NCT)'s BTC and USDT Market.
🗡🗡🔥🔥🔥🔥🔥🔥🔥🗡🗡🔥🔥🔥🗡📌📌📌📌📌📌
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LIQUIDATION ALERT

BTC Over the last 24 hours, ~$317.35 million worth of contracts were liquidated, of which ~$207.29 million worth of longs and ~$110.06 million of shorts were liquidated.
⭐️⭐️⭐️⭐️#Bitcoin Hit New All Time High $93800 🪙

$BTC only $6150 Away from $100k Milestone 🔼🕯🔼
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#Bitcoin Update

We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.

Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed
Total stablecoin value tops Terra-era peak to near $200 billion
New all time high in ETH ETF flows relative to BTC flows (87%).

$90m ETH inflow vs $103m for BTC yesterday.

ALTCOIN SEASON
Bitcoin dominance fell to 57.41% from its previous high of 61.75% on Nov. 21.
USDT strengthens dominance, now 72% of the $133B stablecoin market, up from 50% in 2022.

Weekly mints exceed $3B, matching 2021 bull market levels, with $13B minted since November, according to IntoTheBlock.