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Bitcoin Reverts to Consolidation, Fails to Hold $65,000 Level, Bull Run Imminent?Market Sentiment Fluctuates as Bitcoin Drops Below $65,000Bitcoin price experienced a significant drop on June 16th, breaking through the $66,000 support level and hitting an intraday low of $65,046 during midday. A brief buying surge pushed the price back to $67,286, but the momentum failed to sustain, resulting in a closing price of $66,580

Bitcoin Spot ETF Inflows: The Hidden Truth Behind the BoomThe emergence of Bitcoin spot ETFs in 2024 has sparked market buzz, accompanied by rumors of massive institutional investor inflows. However, despite the continuous rise in ETF inflows, Bitcoin's price has failed to break free from its downtrend, prompting questions: who is dumping?Unveiling the Truth through Data: The Silent Slaughter of OGTo understand the situation, we need to look at the early Bitcoin holders (OGs)

Bitcoin and Ethereum Prices Drop, Investors Should Be CautiousThe cryptocurrency market has experienced a significant downturn in recent days, with both Bitcoin and Ethereum prices showing a noticeable decline. While market sentiment was previously optimistic, some technical indicators and market analysts' opinions suggest that prices may continue to fall in the short term

Bitcoin Bulls Reignite Rally, Spot ETF Inflows Stabilize as Ethereum Spot ETF LoomsBitcoin (BTC) rebounded strongly in early trading on Monday, breaking through $63,750 and kicking off the shortened trading week in the US, setting the stage for the upcoming July 4th holiday. BTC had previously dipped to a low of $59,881 last week, but rallied 6

Bitcoin Price Prediction for 2024: Can AI Chatbots See the Future?In July 2024, following a turbulent and uncertain period in the cryptocurrency market, the Blockchain Club challenged seven AI-powered chatbots to predict the price of Bitcoin on December 31st, 2024. This experiment builds upon a similar one conducted in late April, during which significant events occurred, including the German government's transfer of thousands of Bitcoins to exchanges, the impending Mt Gox compensation distribution, and the upcoming US presidential election in November

Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?On the evening of July 8, 2024, the price of Bitcoin suddenly plummeted, dropping from $57,200 to $54,800, causing widespread shock in the market. However, this "dive" only lasted for 10 minutes before Bitcoin quickly rebounded to $56,000, and subsequently surged to $57,100, ultimately stabilizing around $56,500

Bitcoin Plunges: Liquidations and Market Concerns Triggered by $53,500 DropBitcoin prices tumbled sharply during early Asian trading, plummeting to $53,500, its lowest point in four months. This drop has sparked concerns among investors and market analysts as it not only highlights the recent market volatility but also suggests potential deeper issues

Bitcoin Bottoming Out? Multiple Signals Point to Positive OutlookThe Bitcoin market has recently experienced intense volatility. The price has been fluctuating due to various factors, including the beginning of Mt

Bitcoin Drops for Fourth Straight Day: Market Turmoil Amid Mt. Gox Liquidation, Government Sell-Off, and Miner PressureBitcoin prices have fallen for a fourth consecutive trading day, dipping to their lowest point since February, as concerns mount in the market

Cryptocurrency Market Rebounds Strongly: Can Solana, Ethereum, and Polkadot Surpass Bitcoin?The cryptocurrency market, after experiencing recent volatility, is finally showing signs of recovery. Although prices fell to their lowest point since February in the past few days, bulls seem to be rallying strongly, and the market as a whole is showing a positive trend

Bitcoin Plunges: Mt.Gox Compensation, German Government Sell-Off, Market Fear Spreading?On July 5, 2024, Bitcoin prices took a dramatic dive, falling below the $54,000 mark at one point, with the largest drop exceeding 8%

Cryptocurrency Market Rallies Strongly Today, Bitcoin Leads the Charge, Followed by Solana, XRP, Dogecoin and Shiba InuIntroductionThe cryptocurrency market saw a strong rebound today, with investor confidence noticeably increasing. Bitcoin was the first to break the $56,000 mark, followed by Ethereum, and other major cryptocurrencies like Solana, XRP, Dogecoin, and Shiba Inu also rose