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Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price Prediction
Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price PredictionSince November 6th, 2020, when Donald Trump was declared the winner of the US presidential election, Bitcoin (BTC) price experienced a sharp surge, breaking above its previous high of $73,700 and initiating a strong upward trend on the daily chart. From $70,000 on November 6th, it skyrocketed to $99,588 on November 22nd, nearing the $100,000 mark a nearly 40% increase
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Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000
Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000On the evening of November 10th (Beijing time), following the announcement of Trump's election victory, Bitcoin experienced a sharp surge, breaking through the $80,000 mark and reaching a new all-time high. Many analysts interpreted this event as part of a "Trump trade," closely linked to Trump's previously expressed positive attitude towards cryptocurrencies
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Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record High
Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record HighBitcoin's price has skyrocketed recently, reaching a record high of $89,253 (early morning Beijing time on November 12th), less than a week after the US presidential election. This surge not only pushed Bitcoin to new heights but also triggered a significant inflow of capital, with iShares Bitcoin Trust (IBIT), managed by BlackRock, now exceeding the size of one of the largest gold ETFs, iShares IAU
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Dogecoin (DOGE) Sees a Strong Rebound: Surge in Whale Activity Fuels Bullish Sentiment?
Dogecoin (DOGE) Sees a Strong Rebound: Surge in Whale Activity Fuels Bullish Sentiment?Dogecoin's price has surged 17% in the last month, pushing its market capitalization above $21.5 billion
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Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation Fears
Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes
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Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto Volatile
Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto VolatileEarly Friday morning, US market sentiment experienced significant volatility in response to Federal Reserve Chairman Jerome Powell's speech on Thursday. Stock and cryptocurrency markets generally declined, while spot gold bucked the trend, rising 0
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The Crypto Market's Meteoric Rise: Who's Behind the Wheel?
The Crypto Market's Meteoric Rise: Who's Behind the Wheel?The cryptocurrency market has once again stirred up a frenzy, with Bitcoin reaching new highs and other cryptocurrencies like Dogecoin experiencing significant surges. What factors are driving this incredible market dynamic?1
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The Dogecoin Bull Market is Coming to an End, Is It Time to Sell?
The Dogecoin Bull Market is Coming to an End, Is It Time to Sell?In the volatile world of cryptocurrencies, every price fluctuation feels like a tidal wave. Right now, we're standing on the precipice of the end of a bull market
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Giant Whale "Panic Sells" 2,019 BTC, Smart Money Heavily Accumulates ETH
Giant Whale "Panic Sells" 2,019 BTC, Smart Money Heavily Accumulates ETHYesterday, after the price of $BTC dropped, a giant whale conducted a "panic sell," offloading 2,019 $BTC in a single transaction, worth approximately $141.5 million
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Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin Rally
Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin RallyBitcoins dominance in the cryptocurrency market is steadily rising, potentially dimming expectations of an altcoin season ahead of the US presidential election. According to the Bitcoin Dominance Index (BTC
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With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?
With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high
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MicroStrategy's Bitcoin Bet Fuels 1989% Stock Surge!
MicroStrategy's Bitcoin Bet Fuels 1989% Stock Surge!