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Non-farm Payroll Data to be Revealed Tonight! Can Bitcoin Hold $56,000?
Non-farm Payroll Data to be Revealed Tonight! Can Bitcoin Hold $56,000?The highly anticipated non-farm payroll data will be released at 8:30 PM tonight, significantly impacting Bitcoin's future trajectory. Last night's ADP report, a precursor to the non-farm data, showed a slowdown in job growth, further confirming a cooling job market and favoring a Fed rate cut
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Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be Crucial
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline
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The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and Macroeconomics
The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and MacroeconomicsFrom mid-March to the end of August, spanning over five months, the price of BTC oscillated repeatedly within the "new high consolidation zone," generating volatile market sentiment. During this period, global markets experienced volatile inflation and downward trends, ambiguous and clear expectations for US interest rate cuts, uncertain speculation about whether the economy would achieve a soft or hard landing, and significant market fluctuations triggered by different investors adjusting their positions as trends shifted
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Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?
Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?Recently, the crypto world was once again ignited by a "bickering" war, with the protagonists being Huobi, Binance, and OK, the three major exchanges. The trigger for this war was Binance's announcement on July 12th, stating that it had completed its eighth platform token BNB buyback and burn, and announced that it would prioritize burning the BNB held by the team in the future
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Ethereum Whales Buy the Dip, Bottom in Sight?
Ethereum Whales Buy the Dip, Bottom in Sight?While Ethereum ETFs have experienced net outflows, reaching nearly $500 million recently, analysts believe Ethereum may have bottomed out. Market whales investors holding large amounts of Ethereum are actively buying, a signal pointing towards a bottom bounce
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Bitcoin futures drop over 1%, Ethereum futures dip slightly
Bitcoin futures drop over 1%, Ethereum futures dip slightlyAt the close of trading in New York on Thursday (August 22), the CME Bitcoin futures BTC main contract closed at $60,770.00, down 1
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Fed to Release CPI Data Tonight, Accumulate Positions Before August 20th, Bull Market in the Second Half is Imminent!
Fed to Release CPI Data Tonight, Accumulate Positions Before August 20th, Bull Market in the Second Half is Imminent!The Federal Reserve will release July CPI data at 8:30 PM tonight, which will directly impact market expectations for a September interest rate cut and have a significant impact on the crypto market. The market currently lacks liquidity, and hot topics can be manipulated
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Analysis of the Bitcoin and Enlightments from Historical Phenomena
Analysis of the Bitcoin and Enlightments from Historical PhenomenaIntroductionIn the long history of the world, Bitcoin, tulips, internet bubble and other economic phenomena have attracted widespread attention and heated discussion. These events are like the sword hanging over the hearts of investors, making people ponder: is Bitcoin a future gold or another bubble that is about to burst?Section II
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Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly Unfazed
Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly UnfazedGrayscale Investments updated its holdings data for its Bitcoin and Ethereum-related funds on August 12th. Data shows that the Grayscale Bitcoin Trust (GBTC) holdings decreased to 232,333
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The "Fake Breakout" Trap: A Nightmare for Contract Traders, or an Opportunity for Investors?
The "Fake Breakout" Trap: A Nightmare for Contract Traders, or an Opportunity for Investors?IntroductionThe digital currency market is full of various investment opportunities, but also harbors many risks. Contract trading, due to its high leverage feature, has become a "nightmare" for many players
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Million-Dollar Ethereum Transfer Sparks Market Attention: Rise of Digital Asset Management Platforms and Investor Insights
Million-Dollar Ethereum Transfer Sparks Market Attention: Rise of Digital Asset Management Platforms and Investor InsightsIn the world of digital currencies, large transactions always attract attention. A recent transfer of 9,209 Ethereum (ETH), valued at approximately $24
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Bitcoin Surges to $69,000, Institutions Celebrate While Retail Investors Get Caught Holding the Bag?
Bitcoin Surges to $69,000, Institutions Celebrate While Retail Investors Get Caught Holding the Bag?On Tuesday, March 5th, Bitcoin (BTC) broke through the $69,000 mark per coin, setting a new all-time high. However, this frenzy was short-lived, as profit-taking emerged, pushing Bitcoin prices below the $60,000 threshold within hours