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Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election Outcome
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election OutcomeBitcoins weak trading pattern is likely to persist for another month as crypto traders await clarity on the Federal Reserves interest rate cuts and the upcoming presidential election. August was a rough month for crypto, with Bitcoin dropping 10
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Bitcoin and Ethereum ETF Sell-offs: Fidelity Exits 525 BTC, Grayscale ETHE Sells 1646 ETH
Bitcoin and Ethereum ETF Sell-offs: Fidelity Exits 525 BTC, Grayscale ETHE Sells 1646 ETHOn August 30th, 10 Bitcoin spot ETFs sold off 1193 BTC, with Fidelity exiting 525 BTC (approximately $30.5 million)
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BTC Breaks Below $60,000, Market Awaits, Altcoin Potential to be Explored
BTC Breaks Below $60,000, Market Awaits, Altcoin Potential to be ExploredBTC Dips Below $60,000 Overnight, Market Sentiment CautiousEarly this morning, BTC price fell below $60,000, leaving many waking up to find their long positions liquidated. The lower shadow first touched the lower boundary of the box, and we need to observe if the real body rebounds
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Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This Week
Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This WeekBitcoin is poised for a critical monthly candle close this week, with BTC price action battling back against sellers in a bid to reverse the August 8th crash. As the end of August approaches, Bitcoin has embarked on a resurgence, with BTC price targets set at $65,000
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Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its End
Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end
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Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New High
Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500
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Binances He Yi: A Comprehensive Breakdown of BNB, its Strategic Deployment, and Future Development
Binances He Yi: A Comprehensive Breakdown of BNB, its Strategic Deployment, and Future Development Born in the bear market of 2017, BNB plays a crucial role within Binance's ecosystem. Serving as the platform's universal "gas," BNB transitioned from its initial burn mechanism to trading fee deductions, real-world applications, and future plans for stablecoin integration and the "Rising Star Program
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High-Volatility ETF: Betting on MicroStrategy, Defiance's New MSTX Fund Pushes Market Limits
High-Volatility ETF: Betting on MicroStrategy, Defiance's New MSTX Fund Pushes Market LimitsIn the U.S
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Whale Deposits Massive ETH to OKX: $154 Million Inflow
Whale Deposits Massive ETH to OKX: $154 Million InflowData from Lookonchain shows that a whale who acquired $1 million worth of ETH at $0.31 during the Ethereum ICO deposited another 5,000 ETH ($13
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Bitcoin and the Tulip Mania: History Repeating Itself and the Transformation of the Era
Bitcoin and the Tulip Mania: History Repeating Itself and the Transformation of the EraIntroduction:The rise of digital currency has struck like a thunderbolt, shaking the traditional financial system. Bitcoin, as the leading digital currency, has attracted countless eyes with its price fluctuations like a roller coaster
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Will Bitcoin Hit a New High in September? A Deep Dive into Charts and Indicators Reveals Its Future Trajectory
Will Bitcoin Hit a New High in September? A Deep Dive into Charts and Indicators Reveals Its Future TrajectoryBitcoin (BTC) has recently witnessed significant price fluctuations, with bullish patterns emerging on charts, sparking intense market discussion about its future trajectory. This article will delve into BTC's charts and analyze key indicators to explore whether it can truly hit a new high in September
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Cryptocurrency Market Weekly Review: BTC Hits New High, ETH Struggles to Rebound, SOL Faces Pressure, TON Remains in Observation, BNB Weakly Rebounds
Cryptocurrency Market Weekly Review: BTC Hits New High, ETH Struggles to Rebound, SOL Faces Pressure, TON Remains in Observation, BNB Weakly ReboundsBTC Hits All-Time High: After failing to break through $60,000 twice on July 10th and 11th, Bitcoin price experienced a slight pullback on Friday, but quickly rebounded. After the German government emptied 3,000 BTC addresses, BTC broke through the upper channel of the short-term downtrend and returned to the $60,000 mark