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Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market

Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limitedWhile Dogecoin (DOGE) has been fluctuating within a descending wedge pattern in recent days, and might break out soon, market analysis suggests that a significant price surge after the breakout is unlikely.Weak momentum, ADX indicator reveals waning uptrendDogecoin's momentum has clearly weakened, with the Average Directional Index (ADX) indicating a fading uptrend, currently at a very weak level

Crypto Market Rebound Gaining Momentum, Bitcoin, Ethereum, and XRP Eyeing New HighsThe cryptocurrency market is showing a strong rebound, and market participants are poised to break historical and 52-week highs. The price movements of Bitcoin, Ethereum, and XRP in this rally suggest significant changes in the market

The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain? The Federal Reserve surprised everyone with a 50-basis point interest rate cut! This news sent shockwaves through the financial markets. Logically, a rate cut should be like a shot of adrenaline for the markets, causing both gold and Bitcoin to rally

New York Close on Friday: CME Bitcoin Futures Edge Lower but Remain Up for the WeekCME Bitcoin futures, the BTC flagship contract, closed at $62,940.00 on Friday in New York, down 0

Can Dogecoin Still Be the Code to Millionaires?Dogecoin (DOGE), one of the earliest cryptocurrencies in the market, has successfully created several millionaires despite never reaching $1. The asset has even surged over 100,000% from its all-time low of $0

Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?The Federal Reserve announced a rate cut today, prompting a rapid surge in Bitcoin's price, which broke through the $61,000 mark and briefly touched $61,500, showcasing strong momentum. Although it has retreated to around $60,000 overnight, the market remains optimistic

Bitcoin Reclaims $60,000, Altcoins Surge, Fed Rate Decision Remains CrucialThe crypto market experienced a strong surge, with Bitcoin (BTC) breaking through $60,000, reaching $60,400 at the time of writing. This news has also fueled a widespread rally in altcoins, with assets like DOGE, ETH, and SHIB turning green and registering gains exceeding 3%

Cryptocurrency Market Watch: Mainstream Coin Market Analysis & Trading StrategyWith the market's fluctuations this week, the overall market has shown a small-scale bullish rebound. Let's review last week's market and look ahead to the future trend of mainstream coins to formulate our trading strategy

Bitcoin Reclaims $60,000, Ending with Volatility? Don't Be Fooled by Appearances, Bulls Are Quietly Rising!Bitcoin closed above the $60,000 mark this morning, once again claiming this critical price level. Looking back at the recent trend, while Bitcoin experienced a period of consolidation below $60,000, I have always believed that this low-level consolidation wouldn't last long

Bitcoin Returns to $60,000: MicroStrategy's Massive Purchase Fuels Surge, Future UncertainOn September 14th, Bitcoin broke through the $60,000 mark, once again drawing market attention. This is the second time Bitcoin has crossed this price range this year, having previously fallen below $65,500 on August 26th

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