Bitcoin Falls Below $57,000 as Fed Report Disappointed Not Ready to Cut Rates | RYT9

Bitcoin dropped below $57,000 today following the Federal Reserve released minutes from its June policy meeting, indicating that the Fed is not prepared to lower interest rates.

Bitcoin fell by 5% to $56,837 on CoinGecko, its lowest point since May 1, before recovering above $57,000 later in the day.

Bitcoin has been experiencing a monthly decline and is down more than 6% this week amidst uncertainty surrounding the outcome of the US presidential election and concerns that creditors of Mt. Gox, which went bankrupt in 2014, might sell off their bitcoin holdings.

Analysts suggest that Bitcoin has come under pressure following President Joe Biden’s loss in the first debate once morest Republican rival Donald Trump last week. “If Biden withdraws, his replacement might be someone who doesn’t support crypto,” said Josh Gilbert, a market analyst at eToro.

Furthermore, the fact that Mt. Gox is starting to repay its creditors in bitcoin might lead these creditors to sell their bitcoin on the market.

Bitcoin has experienced a strong upward trend since the beginning of 2024, boosted by the US Securities and Exchange Commission (SEC) approval of a spot Bitcoin ETF. Bitcoin surged to $73,803.25, an all-time high in March, surpassing the previous high of $68,990 set in November 2021, and fueled speculation that Bitcoin might exceed $100,000 this year.

However, Bitcoin has been steadily declining since March. Even the Bitcoin Halving event in April failed to trigger a rebound, with Bitcoin down more than 21% since then.

By Kongkiat Kowirakiti

The Power of

: Mastering the Most Versatile HTML Element

The <div> element is a fundamental building block in web development, offering unparalleled versatility for structuring and styling content. Its simplicity and flexibility make it a cornerstone of modern web design, allowing developers to create sophisticated layouts and enhance user experiences.

Understanding the Basics: What is <div>?

The <div> element, short for "division," is a generic container used to group and structure HTML content. It acts as a logical grouping mechanism, allowing developers to segregate different sections within a webpage. Think of it as a versatile box that you can use to organize and style various elements.

Here’s a breakdown of its key features:

• Semantic Neutrality: Unlike elements like <h1>, <p>, or <nav>, <div> has no semantic meaning inherent to it. This makes it incredibly flexible and adaptable for any purpose.
• Container for Content: You can enclose any other HTML elements within a <div> to group them together.
• Styling Flexibility: The <div> element readily accepts CSS styles, allowing you to control its appearance, including background colors, margins, padding, and more.
• Dynamically Controlled: You can easily manipulate <div> elements using JavaScript, providing dynamic and interactive web experiences.

When to Use <div>: Optimal Use Cases

While the <div> element is remarkably versatile, it’s important to use it judiciously. Here are some best-practice scenarios where <div> reigns supreme:

1. Layout and Structure:

• Dividing Page Sections: Use <div> to separate distinct content areas like headers, footers, sidebars, and main content sections.
• Creating Columns: Styling <div> elements with CSS properties like float, flexbox, or grid enables you to create multi-column layouts.
• Web Page Organization: Employ <div> to structure content logically, making your code more readable and maintainable.

2. Styling and Styling Groups:

• Adding Style Classes: Apply CSS classes using the class attribute to apply specific styles to multiple <div> elements.
• Creating Visual Effects: Enhancing web page aesthetics by utilizing <div> for boxes, image carousels, and other visual components.
• Content Grouping for Styling: Style multiple elements within a single <div> to apply uniform styles for headings, paragraphs, and images.

3. Dynamic Content Manipulation:

• JavaScript Interactions: Directly access and manipulate <div> elements through JavaScript to dynamically add, remove, or change their content.
• Interactive Elements: Build interactive components like accordions, modals, and sliders using <div> elements and JavaScript.

4. Page Navigation and User Experience:

• Navigation Menus and Buttons: Define navigation menus and buttons within <div> elements to create a visually appealing and user-friendly interface.
• Modals and Pop-up Windows: Implement interactive modals for feedback forms, information prompts, and other user interactions using <div>.

Tips for Effective <div> Usage

• Semantic Clarity: While <div> is semantically neutral, strive to use it for logical grouping and structural organization. Consider alternative semantic elements like <header>, <nav>, <main>, <article>, <aside>, and <footer> when appropriate.
• Nested Usage: Avoid excessive nesting of <div> elements as it can lead to complex and unmanageable code. Aim for a balanced structure to keep your code clean and readable.
• ID and Class Attributes: Use id attributes for unique identification of elements and class attributes to apply styles to multiple elements with the same characteristics.
• CSS Classes for Styling: Instead of directly styling individual `
  elements with inline styles, utilize CSS classes for consistent and maintainable styling.

Practical Examples of <div> Use

1. Page Structure:

<div id="header">
  <h1>Welcome to Our Website</h1>
</div>
<div id="main-content">
  <article>
    <h2>Our Latest Blog Post</h2>
    <p>...</p>
  </article>
  <aside>
    <h3>Featured Products</h3>
    <ul>...</ul>
  </aside>
</div>
<div id="footer">
  <p>  © 2023</p>
</div>

2. Creating a Two-Column Layout:

<div class="container">
  <div class="column">
    <h2>Column 1</h2>
    <p>...</p>
  </div>
  <div class="column">
    <h2>Column 2</h2>
    <p>...</p>
  </div>
</div>

3. JavaScript Interaction:

<div id="my-container">
  <p>Click to Change Text</p>
</div>
<script>
  document.getElementById("my-container").addEventListener("click", function() {
    this.innerHTML = "Text Changed!";
  });
</script>

Conclusion

The <div> element is a cornerstone of HTML, offering immense flexibility for structuring and styling web content. By understanding its fundamentals, best practices, and practical applications, developers can harness its power to create elegant, dynamic, and engaging web experiences. Whether you’re building a basic website or complex web applications, the <div> element will remain an essential tool in your web development toolkit.