Crypto Bitcoin Price Update: Exchange Volumes Drop, Binance Layoffs, China v. US in Crypto Arms Race

We kick off with an intro at 0:00 and then dive into the world of cryptocurrency with a comprehensive analysis of various factors influencing the market. At 3:12, we explore crypto exchange volume, CVD, Delta, Perp, Spot Orders, Social mentions, and Google Trends, providing you with valuable insights into the current trends and patterns.

At 5:55, we discuss the recent announcement from Binance, where they state that they are "reevaluating" roles following reports of layoffs. This news has sparked curiosity within the crypto community, and we delve into the details of this development.

Next up, we have an intriguing piece of information about FTX. In their bankruptcy case, FTX has reportedly paid over $100M to lawyers and consultants. We uncover the reasons behind this substantial expenditure at 7:14, giving you a glimpse into the intricacies of the case.

Coinbase, one of the leading cryptocurrency exchanges, is making headlines again. At 7:46, we share the insights from Coinbase CEO's recent statement, where he predicts that China will surpass the United States in the crypto arms race. Join us as we explore the implications and potential ramifications of this bold claim.

Keeping you informed about the broader financial landscape, we provide an update on the debt deal at 9:05, shedding light on the latest developments and their impact on the market.

To help you stay ahead, we present an economic calendar at 10:39, highlighting key upcoming events that may influence the crypto and financial markets.

At 12:19, we analyze the monthly candle close for Bitcoin, discussing its significance and potential implications for future price movements. Additionally, we explore Bitcoin Cipher B at 12:55 and discuss Bitcoin's technical analysis, key levels, support, and resistance at 13:57.

Taking a deep dive into trading strategies, we introduce you to Bookmap and Liquidity at 20:15, equipping you with tools to enhance your trading decisions. We also share insights on finding entries at 22:11, providing valuable tips and techniques to improve your trading skills.

Lastly, at 24:21, we touch upon the DXY and USDT.D, discussing their impact on the crypto market and offering insights into their significance.

Crypto exchange volumes plummet to lowest monthly level since 2020
https://www.theblock.co/post/232689/crypto-exchange-volumes-plummet-to-lowest-monthly-level-since-2020

Bitcoin Google Trends
https://trends.google.com/trends/explore?q=Bitcoin

Bitcoin Social Mentions
https://app.santiment.net/labs/trends/explore/bitcoin

Binance Says 'Reevaluating' Roles After Report of Layoffs
https://www.coindesk.com/business/2023/05/31/binance-says-reevaluating-roles-after-report-of-layoffs/

FTX has paid over $100M to lawyers and consultants handling its bankruptcy case
https://cryptoslate.com/ftx-has-paid-over-100m-to-lawyers-and-consultants-handling-its-bankruptcy-case/

Coinbase CEO: China Will Beat U.S. in Crypto Arms Race
https://dailycoin.com/coinbase-ceo-china-will-beat-u-s-in-crypto-arms-race/?utm_source=cryptopanic&utm_medium=rss

Dow slides 200 points as traders await House vote on debt ceiling: Live updates
https://www.cnbc.com/2023/05/30/stock-market-today-live-updates.html

https://www.marketwatch.com/economy-politics/calendar

🚀🚀🚀🚀🚀DeFi Rebels Info:🚀🚀🚀🚀🚀

NOT FINANCIAL ADVICE. Trade examples are for entertainment purposes only. Please back-test any TA with your own analysis.
By using any of our content you agree to the following:
Terms of Service: https://defirebels.com/terms/
Disclaimer: https://defirebels.com/disclaimer/
Contact: Social@defirebels.com

😁Questions? Join Discord, we're always here to help.😁
👀Join the trading group! Discord Invite: https://discord.gg/defirebels

💵DeFi Rebel Exclusive!
👀We use MEXC Global Exchange
👀A non-KYC exchange, for up to a $1000 USD bonus as well as a lifetime trading fee discount (Plus lots more)
👀https://www.mexc.com/en-US/register?inviteCode=mexc-DefiRebels

💵Lux Algo
👀https://luxalgo.com/?rfsn=6988795.09056a

💵Market Cypher
👀https://marketciphertrading.com/?ref=52607

💵Not your keys, not your crypto. Get a SafePal or Ledger hardware wallet

💵SafePal Hardware Wallets
👀https://store.safepal.com/safepal-s1-hardware-wallet.html?ref=defirebels

💵Ledger Hardware Wallets
👀https://shop.ledger.com/?r=9352c94dd4ac

💵Tangem Hardware Wallet
👀https://tangem.com/pricing/?promocode=DEFI101
👀Promo Code: DEFI101 to get 10% off
👀Review: https://www.youtube.com/watch?v=A-16Lv_MHzk

🙋Follow Us!🙋
🐦Twitter: https://twitter.com/defireb
🐦Follow Ben: https://twitter.com/aerebourne
🐦Follow Dunki: https://twitter.com/dunkisir
🌎Facebook: https://www.facebook.com/defirebels
⌚️TikTok: https://www.tiktok.com/@defirebels
📷Instagram: https://www.instagram.com/defirebels
💻Linktree: https://www.defirebels.com/linktree
💻Site: https://www.defirebels.com

🚀💰🚀DONATE🚀💰🚀

🚀BTC🚀
1CgggZVYL1LyzMdA2LdzA2funG1dxJuQ97

🚀ETH (BNB, BUSD, USDT, USDC, ANY Eth Ecosystem Token)
0xaa8c8e61679732B246F6dfCe3Fb86084F61d77d4