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Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest Decline
Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest DeclineBitcoin network's hash rate remains near all-time highs with miners continuing to invest in new hardware despite declining miner revenue, demonstrating their unwavering confidence in the network. However, interactions between investors and exchanges are showing a declining trend, with overall trading volume shrinking, indicating waning market participant interest
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Ethereum Price Analysis: Descending Wedge Pattern Suggests Reversal, But Risks Remain
Ethereum Price Analysis: Descending Wedge Pattern Suggests Reversal, But Risks RemainDespite its prominence in the cryptocurrency market, Ethereum remains one of the worst performing among the top cryptocurrencies by market cap. Recent price declines have caused losses for many investors, raising concerns about the future direction of Ethereum's price
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Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price Drop
Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price DropProminent crypto KOL Lark Davis, in a YouTube video released on September 9th, stated that the current crypto market cycle will likely peak in 2025 and advised selling and exiting at that time. He believes that the global liquidity cycle will reach its peak in 2025, followed by a decline
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Ethereum Whales Remain Silent, Price Stalls, Could ETH Drop to $2,278?
Ethereum Whales Remain Silent, Price Stalls, Could ETH Drop to $2,278?Ethereum whales have been silent since July, with their reduced buying activity leading to a stagnant ETH price. Despite an upsurge in Ethereum network growth on Sunday to 126,000, a four-month high, it has since declined, suggesting potential for a short-term price dip
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Bitcoin Drops Below $56,500, Ethereum Also Down 2%
Bitcoin Drops Below $56,500, Ethereum Also Down 2%Titanium Media App, September 11 - Bitcoin price fell 2% to $56,422; Ethereum also dropped 2% to $2,330.30
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Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 Climbs
Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies
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Trump's Debate Performance Weak, Bitcoin Price Plunges
Trump's Debate Performance Weak, Bitcoin Price PlungesOn September 10th, local time, former US President and Republican presidential candidate Donald Trump participated in a televised debate with US Vice President and Democratic presidential candidate Kamala Harris, hosted by ABC in Philadelphia. From the outset of the debate, traders seemed to believe that Trump had not gained much ground
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The September Curse: Why Does Bitcoin Always Underperform in September?
The September Curse: Why Does Bitcoin Always Underperform in September?September has become a haunting spell for Bitcoin, a curse that seems to linger. Since its inception in 2010, Bitcoin has averaged a 4
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Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight Edge
Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight EdgeSunil Jagtiani, senior editor for cryptocurrencies and digital payments, noted that Bitcoin began to pull back, falling over 1% to below $57,000, approximately 30 minutes after the start of the US presidential debate. Bitcoin has been considered a "Trump trade," as the president has publicly shown support for the digital asset industry
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Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?
Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?At 9:00 AM this morning, US presidential candidates Harris and Trump will face off in their first debate on ABC News. Institutional analysts believe investors can look to Bitcoin's movement during the debate for clues on who might be gaining the upper hand
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Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5