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Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto Market
Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September
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Bitcoin Drops Below $60,000, Market Dips What's Next?
Bitcoin Drops Below $60,000, Market Dips What's Next?Yesterday, Bitcoin prices fell again, breaking below the $60,000 mark and reaching a low of $60,301, with a fluctuation of 2,242 points. Ethereum also experienced a decline, reaching a low of around $2,350
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Cryptocurrency Market Pulls Back, Bitcoin Drops Below $62,000, Meme Coins Give Up Gains
Cryptocurrency Market Pulls Back, Bitcoin Drops Below $62,000, Meme Coins Give Up GainsThe cryptocurrency market remains volatile as buyers and sellers clash, with Bitcoin prices pulling back and meme coins giving up recent gains. Following yesterday's rally, most cryptocurrencies are currently in the red, experiencing a correction that has wiped out recent gains
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Crypto Market Volatility: BTC Falls Below 62,600, ETH Weakly Recedes, Altcoins Follow the Trend
Crypto Market Volatility: BTC Falls Below 62,600, ETH Weakly Recedes, Altcoins Follow the TrendOn Monday, BTC exhibited a rollercoaster ride, reaching a high of 64,478 and falling back to 62,128, with a fluctuation range of 2,350 points. Meanwhile, ETH showed relative weakness, with two days of rebound only offsetting one day of decline, and the previous six-day decline took four days to bounce back by about half
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Why is Ethereum Dropping Below $2400?
Why is Ethereum Dropping Below $2400?Ethereum's price recently fell below $2400 per coin, with a daily decline of 2.15%, sending chills down the spines of investors
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Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs Data
Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs DataAsset prices, from Bitcoin (BTC) to stocks and gold, struggled to hold steady in early trading on Thursday. Investors were unsettled by heightened tensions in the Middle East and were closely watching for the release of the September jobs report on Friday
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Bitcoin Drops Below $60,000, Exchange Users "Buy the Dip," Is an Uptober Rally in the Cards?
Bitcoin Drops Below $60,000, Exchange Users "Buy the Dip," Is an Uptober Rally in the Cards?On Oct. 3, Bitcoin dipped below $60,000 at the Wall Street open, with exchange users displaying strong buying interest, prompting both anticipation and concerns about an "Uptober" rally
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Crypto Market Volatility: Bitcoin Drops Below $60,000, Ethereum Plunges Further, How to Navigate?
Crypto Market Volatility: Bitcoin Drops Below $60,000, Ethereum Plunges Further, How to Navigate?The crypto market has experienced heightened volatility lately, with Bitcoin and Ethereum both plunging significantly. Bitcoin has fallen below the $60,000 mark, while Ethereum's decline has been more pronounced
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Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits Shrink
Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits ShrinkMarket data shows that in the past 24 hours, the number of liquidated positions across the cryptocurrency network has reached 166,000, with a total liquidation value of $558 million, marking a new high since August 5th. Bitcoin, after reaching a 2-month high of $66,500 on September 27th, has been fluctuating downward, experiencing a cumulative decline of approximately 7% in the past 3 trading days
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Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion Loss
Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128
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Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?
Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?Analyst AliMartinez recently posted a blog on X platform using data from IntoTheBlock to analyze Ethereum's current investor cost basis distribution. He pointed out that Ethereum could decline to $1,800 if it breaks below the $2,300 - $2,359 support level
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Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations Rise
Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations RiseOn Wednesday (September 11), CME Bitcoin futures (BTC) closed at $57,685.00, down 0