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Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month

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Ethereum (ETH) has gone through a considerable upward trajectory, reaching its annual highest price point this week and reaching an impressive 52 week high.Ethereum's prices are supported by the latest developmentsThe soaring prices of Ethereum can be traced back to several factors driving the growth of cryptocurrencies

To learn more about the coin circle, clickContinuously updatingIs the current market Xiongmo or Niuchu? Except for the top 8 cryptocurrencies in BTC and ETH rankings, which have attracted market attention, their trends often lead the development direction of the entire industryHot topics on October 13th;oneA giant whale deposits $11 million in assets on Aave and borrows $8.45 million in stable currency to repay debts and avoid liquidationtwoBelugaProtocol was attacked and the loss increased to 108

In the bull market rebound of cryptocurrencies, Ethereum is facing a bear market transformation. Option data shows a cautious attitude, while the weakening of whale interest and the slowdown in internet speed have exacerbated concerns

Bitcoin (BTC) surged to nearly $26000 during Asian trading on Tuesday, quickly reversing yesterday's decline. BTC climbed from $25210 to $25973 in just 30 minutes (from 3:00 a

Although the trading volume continues to grow, Dogcoin (DOGE) is still heavily suppressed.According to the latest on chain data indicators, DOGE no longer seems to be the darling of market whales

Firstly, as of October 8th, an early holder successfully sold their $1.48 million BNB to Coin An, and it is reported that this transaction resulted in the investor receiving a profit of up to $54 million

Near the weekly close, Bitcoin attempted to break through $28300, but ultimately closed around $27800. Despite multiple attempts to break through this key resistance level, bullish investors have been disappointed, possibly due to short-term profit taking by some investors and concerns about the possibility of the Federal Reserve tightening monetary policy

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

The average US dollar investment age of Doggie Coin [MDIA] has been on the rise since June 2023. This indicator measures the average age of dollars invested in assets

According to CoinGecko, Bitcoin showed strong performance in the second quarter of 2023, with its market dominance strengthened compared to counterfeit coins that suffered losses during this period.This Cryptocurrency data aggregator released its second quarter industry report on July 18, which showed that Bitcoin (BTC) and Ethercoin (ETH) continued to increase in the previous quarter