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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U
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Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Bitcoin and Cryptocurrency Short-Term Trading Analysis and Performance Review for March 2024
As we enter a new month, it's time to review the short-term trading performance for Bitcoin and other cryptocurrencies during March 2023. This analysis aims to provide insights into the market trends, trading strategies, and overall outcomes for the past month
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Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast
Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast IntroductionBitcoin (BTC), the world's first and most popular cryptocurrency, has captivated investors with its meteoric rise and dramatic fluctuations. As 2023 draws to a close, many wonder if Bitcoin can maintain its momentum and reach the much-anticipated milestone of $100,000 in 2024
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Bitcoin, Ethereum, and Ripple Coin Forecasts: BTC bulls take advantage of the decline and are bullish at $40000
Bitcoin prices may rise by 7%, recovering the ground lost since the high point of the rejected $37972 range on November 9th.Ethereum prices will defend the support level of $1935 at all costs, and if successful, it may rise by 10% to $2200
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Huobi HTX: US SEC delays making decision on the application for spot bitcoin ETF
Source: Huobi HTXWhat major events have occurred in the global encryption market over the past 24 hours?Morgan Stanley expects the Federal Reserve to start cutting interest rates in June next year;Data: The crypto market has experienced net capital inflows for the first time in nearly 17 months;The US SEC has postponed its decision on the application for Hashdex spot Bitcoin ETFs and grayscale Ethereum futures ETFs;Musk: The Grok API access for the AI project xAI is already in the early testing stageMarket OverviewBitcoin (BTC)The violent rebound in the past 24 hours has continued to rise from $34362 in the morning to reach a maximum of $37964 this morning, and has since fallen slightly, with volatility amplifying to 9.57%
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Bitcoin BTC hit a new high for the year, reaching 2050 on Ethereum Station, and Air Force's $100 million bloodbath
Bitcoin briefly fell below $35000 the day before yesterday and then showed a strong rebound, reaching a high of $37980 in the morning, once again reaching a new high for the year! Ethereum has also returned to above $2050, and the bearish Air Force has once again provided fuel.If you want to learn more about the relevant knowledge and cutting-edge information of the coin circle, please feel free to consult me at LSTT0192
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What is the reason for the reduction in Ethereum's growth rate? Can these factors help it rebound?
Ethereum prices began to decline and correct, falling below $2000.ETH must remain above $1920 to begin a new rise in the short term
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The underlying reasons for the outbreak of the Bitcoin Inscription Race and future development inference
Recently, the popularity of Bitcoin inscriptions has been increasing, from Ordinals to Atomicals. But I don't plan to talk about how ORDI or ATOM have risen, or whether the inscriptions have technical value
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Is the price of Bitcoin rising too much? But JPMorgan Chase has put forward some reasons in its latest report,
OKX token recently announced a partnership with PolygonLabs to jointly launch the Zero Knowledge L2 "X1" testing network. OKB will become a native tokenThe recent rise in Bitcoin prices has attracted widespread attention, but JPMorgan Chase has provided some reasons in its latest report, refuting the optimistic attitude of the community towards the continued rise of Bitcoin