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Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?The cryptocurrency market has seen a rebound since the Federal Reserve (Fed) announced a significant 50-basis-point interest rate cut last month. After a dip triggered by geopolitical instability, Bitcoin surged back above $64,000 on Monday (7), reaching a high of $64,466

$500 Million Vanishes Into Thin Air: A Trust Crisis for Bitcoin?Half a billion dollars (approximately 3.06 billion yuan) has disappeared without a trace

Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?As global markets seemed to be stabilizing, Trump's "golden words" once again ignited the financial world. His comments not only caused a sharp drop in gold prices but also pushed Bitcoin to the brink of breaking the $63,000 mark, sending the market into a state of panic

Bitcoin Futures Plunge Over 1% on Tuesday, Ethereum Futures Tick UpAt the end of trading in New York on Tuesday, the CME Bitcoin Futures BTC main contract closed at $62,575.00, down 1

Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds PrevailAfter nearing $64,000, Bitcoin appears to have encountered a temporary resistance. The cryptocurrency fell back above $62,000 in early trading today (August 8th), and currently, it has slightly recovered to $62,400

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

Ghosts in the Virtual World: A Quest for Truth About BitcoinIn the bustling city of Beijing, with its towering skyscrapers and glittering neon lights, Li Yang, a programmer, was immersed in a world of code and data. However, a chance encounter thrust him into a thrilling quest for truth

Bitcoin Under the Dollar Hegemony: The 2024 US Election's Crypto BattlefieldSince its inception, Bitcoin, a revolutionary technology, has been inextricably linked to the global financial system and political landscape. The 2024 US presidential election, a global spectacle, will witness the first deep engagement between Bitcoin and the American political arena

Bitcoin and Ether Futures Close Higher on MondayOn Monday (October 7), at the close of trading in New York, the CME Bitcoin futures BTC main contract settled at $63,230.00, up 0

Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?China's recent economic stimulus package, designed to revitalize its sluggish economy, has unexpectedly triggered a capital shift from the cryptocurrency market, particularly Bitcoin, to the Chinese stock market. The Shanghai Composite Index and the Hang Seng China Enterprises Index have surged on the back of the stimulus, while Bitcoin prices have seen a notable decline

Bitcoin Rallies to $64,000 as Investors Await Fed Rate DecisionBitcoin (BTC) and the broader cryptocurrency market showed a bullish trend in early trading on Monday, while stocks and gold traded in the red, as traders reassessed their expectations for a November rate cut. The move reflects the market's sensitivity to the Federal Reserve's policy stance and the future direction of the economy

The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and LeadershipAs global nations increasingly recognize the importance of digital assets, the United States is actively exploring ways to maintain its leadership position in this field. In this context, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024" on July 31st