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Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7

September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in TurmoilSeptember 2024 has been a month of turmoil and unrest around the world. From Typhoon "Capricorn" hitting Wenchang, Hainan, to the bizarre incident of a woman in Heilongjiang hiring a friend to boil traditional Chinese medicine, leading to the friend's death from carbon monoxide poisoning, and from the plummeting of Bitcoin and the sharp drop in US stocks to the escalating Russia-Ukraine war, various events have intertwined, making people sigh at the unpredictability of life

Pingzhi Information Response: Company-produced Servers Cannot Be Used for Bitcoin MiningOn September 8th, an investor inquired on an interactive platform about whether the AI servers produced by Pingzhi Information could be used for Bitcoin mining. In response, Pingzhi Information stated that the company's servers cannot be used for Bitcoin mining

Dogecoin Price Fluctuates: Bearish Pressure Battles Potential ReboundDespite some analysts predicting a Dogecoin price surge to $2.25 by 2025, the coin is currently facing bearish pressure

ETH Trading Strategy for September 8th: Technical Indicator Analysis and Trade IdeasAs a vital component of the cryptocurrency market, Ethereum (ETH) experiences significant price fluctuations. This article will analyze technical indicators and market conditions to explore trading strategies for September 8th, helping you plan effectively, mitigate risks, and seize market opportunities

Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future

Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets

Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move

Bitcoin Plunges Below $54,000, US Stocks Suffer Major Losses as Market Volatility IntensifiesAccording to Coinglass data, Bitcoin has dropped over 4%, breaking below the $54,000 mark, while Ethereum has seen an even steeper decline of over 6%. In the past 24 hours, over 86,000 traders have liquidated their positions in the cryptocurrency market

ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the MergeCryptoQuant, a crypto analytics platform, reported on social media that the ETH/BTC rate has fallen by 44% since the Ethereum Merge in September 2022. The ETH/BTC rate is currently at 0

Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows WeighBitcoin prices have plummeted again, falling more than 4% and breaking below $54,000. The second-largest cryptocurrency, Ethereum, has seen an even steeper decline, falling over 6%

Ethereum Foundation Continues Selling ETH, Can ETH Price Hold On?The Ethereum Foundation's ongoing ETH sales have intensified the decline in ETH price, triggering concerns about the future development prospects of Ethereum. Can ETH replicate the glory of Bitcoin spot ETFs? How long can the Ethereum Foundation's funds sustain, and where will Ethereums future go? This article will delve into the current challenges faced by Ethereum and its future development direction