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Is the cryptocurrency market facing a nightmare moment as the US dollar strengthens and Bitcoin plummets to $26500?
A report from a trading company pointed out that the sharp rise in the interest rate of 10-year treasury bond bonds in the past 16 years may lead to the sell-off of the stock market, which will have an impact on the special currency market.With the rise of interest rates and the US dollar, as well as the decline of the stock market, the price of Bitcoin has dropped to $26500
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Ethereum: "Climbing the Peak Beyond Bitcoin! Leading a New Era in the Cryptocurrency World"
This article provides a detailed introduction to what Ethereum is, distinguishing it from Bitcoin, and comparing it to a network "application store". It emphasizes functions such as smart contracts and their currency EthereumStarting to use Ethereum (and general cryptocurrencies) may be a bit confusing, especially when faced with terms such as "dApps" and "smart contracts"
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Will Bitcoin, Web3, and AI cryptocurrencies dominate the market in 2024?
Since the record high inflation level at the end of 2021 led to the central bank raising interest rates, the largest cryptocurrency bull market to date has ended in failure, and it has been two years since then. Web3 financing, NFT floor prices, and virtual universe frenzy dreams disappeared with the funds of billions of investors, as fraud, fraud, and hacking activities such as FTX and TerraLuna led to the collapse of cryptocurrencies, trustee bankruptcy, and ultimately a series of shocking arrest events
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ETH and AVAX: What are the expectations of the King of Cryptocurrencies?
The King of Cryptocurrencies continued to strive to maintain the $28000 mark on the second Sunday of October. The closing price of BTC above $28143 and $28300 will indicate that investors will further profit
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Bitcoin (BTC) trading continues to outflow, is October a bull market in the cryptocurrency market?
October brought new hope to the cryptocurrency market, with Bitcoin prices rising strongly, soaring to $28600 on Tuesday before slightly falling back. This rise highlights several consecutive weeks of optimism, bringing new prospects to the cryptocurrency market after the downturn and volatility in the third quarter
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Will cryptocurrencies rise? Current support and resistance levels of Bitcoin (BTC)
The price of Bitcoin is currently slightly below $28000. This level has been tested multiple times this week
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Analysis of cryptocurrency prices on October 6th: ETH, XRP, ADA, SHIB, and SOL
Ethereum (ETH)Ethereum's attempt to break through $1660 was quickly blocked by buyers, and the price has returned to a key supporting trend line. Therefore, ETH closed down 2
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Bitcoin (BTC) is attempting to maintain a level of $26.500 and will change the cryptocurrency landscape next month
Bitcoin experienced a strong rebound early this week, with prices rebounding from the $27000 range and reaching a local peak near the $27500 level.However, this recovery momentum cannot be sustained for too long
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The two cryptocurrencies, SHIB and DOGE, have seen a decline.
Recently, people have been paying special attention to the price trends of Chaigou (SHIB) and Dog Coin (DOGE). However, these two cryptocurrencies experienced a decline after encountering selling pressure at key resistance levels
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Dog Coin: A Cryptocurrency from Trick to Rise
The cryptocurrency market has recently emerged from a sluggish trend, and one of the most eye-catching phenomena is Dogcoin, which was initially just a parody of cryptocurrency but has caused waves in the digital currency world. As of the latest update, the price of dog coins has increased by over $0
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Uncertainties persist in the crypto market: What is the current status of Ethereum (ETH)?
The leading cryptocurrency, Bitcoin (BTC), stabilized between $25800 and $26200 after falling from $26600 to $25400 at the beginning of last week. Ethereum (ETH) failed to break through the $1700 level last week, and with recent price trends, its trading price is around $1640
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How is Ethereum's recent situation due to the decline in the crypto market?
ETH daily destruction quantity hit a new low within the yearSince the upgrade in London in August 2021, the Ethereum blockchain has launched the ETH combustion mechanism with the aim of optimizing transaction fees. EIP-1559 divides the gas fees that were originally required to be paid to miners on Ethereum into two parts: basic fees and miners' tips