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Bitcoin's Market Cap Nears $2 Trillion, Surpassing Multiple National Bond Markets and the FTSE 100 Combined
Bitcoin's Market Cap Nears $2 Trillion, Surpassing Multiple National Bond Markets and the FTSE 100 CombinedA December 5th report by Granswell indicated that if Bitcoin's price were to reach $100,000 per coin, its total market capitalization would approach $2 trillion. This figure would place it among the top six most valuable publicly traded companies globally, trailing only Apple, Nvidia, Microsoft, Amazon, and Alphabet (Google's parent company)
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Bitcoin Surpasses $100,000, Market Cap Breaches $2 Trillion: Risks and Opportunities Behind the All-Time High
Bitcoin Surpasses $100,000, Market Cap Breaches $2 Trillion: Risks and Opportunities Behind the All-Time HighOn December 5th, Bitcoin's price surged past the $100,000 mark, continuing its strong upward trend and reaching a new all-time high exceeding $100,370 at the time of writing. According to Coinglass data, Bitcoin's total market capitalization has surpassed $2 trillion, a landmark event that has drawn significant attention from the global financial market
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Global Market Fluctuations: US Stocks Hit New Highs, While Chinese Stocks Mostly Decline, Powell's Remarks Offer Cautious Signals
Global Market Fluctuations: US Stocks Hit New Highs, While Chinese Stocks Mostly Decline, Powell's Remarks Offer Cautious SignalsDecember 5th, 2024 saw significant divergence in global financial markets. The three major US stock indices closed at record highs, driven by strong performance in the tech sector
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Bitcoin's Dramatic Plunge and Rebound: A Game of Geopolitical Risks and Market Sentiment
Bitcoin's Dramatic Plunge and Rebound: A Game of Geopolitical Risks and Market SentimentOn the evening of December 3rd, influenced by international geopolitical tensions and a sudden political event in South Korea, Bitcoin experienced a dramatic price swing. It plummeted to $94,000 before a strong rebound to $96,000, resulting in over 160,000 liquidations within 24 hours
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Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment Persists
Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment PersistsBitcoin's price dipped below $95,000 in the evening, ending a brief surge past $100,000 fueled by optimism surrounding President-elect Trump's potentially more crypto-friendly regulatory stance. This downturn triggered significant market volatility, with Coinglass data revealing over 160,000 liquidations in the cryptocurrency market within the past 24 hours
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Bitcoin Spot ETF Attracts a Flood of Money: $354 Million Net Inflow in a Single Day, Fueled by the "Trump Effect"
Bitcoin Spot ETF Attracts a Flood of Money: $354 Million Net Inflow in a Single Day, Fueled by the "Trump Effect"Recent data reveals that on December 2nd, Bitcoin spot ETFs experienced a total net inflow of $354 million, bringing their total net asset value to $103.91 billion
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S&P 500 to Breach 6300 by Year-End? Tom Lee's Bullish Prediction and Analysis
S&P 500 to Breach 6300 by Year-End? Tom Lee's Bullish Prediction and AnalysisTom Lee, former chief equity strategist at JPMorgan and current CIO of Fundstrat Global Advisors, made a bold prediction on Monday: he expects the S&P 500 to reach 6300 by the end of the year. This optimistic forecast is based on his observation of favorable market conditions and historical patterns, which he believes indicate continued strength in the stock market through December
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Binance's Listing of ACT and PNUT Fuels Meme Coin Frenzy: Unmasking the Truth Behind the Surge and Future Outlook
Binance's Listing of ACT and PNUT Fuels Meme Coin Frenzy: Unmasking the Truth Behind the Surge and Future OutlookBinance's recent listing of ACT (The AI Prophecy) and PNUT, two meme coins, sent shockwaves through the cryptocurrency market. ACT saw a 16x price surge within half an hour, its market cap jumping from $20 million to $350 million; PNUT tripled in value within an hour, reaching a $400 million market cap
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Binance, Huobi, OKEx: The Brutal Reality and Uncertain Future of the Cryptocurrency "Three Kingdoms"
Binance, Huobi, OKEx: The Brutal Reality and Uncertain Future of the Cryptocurrency "Three Kingdoms"The cryptocurrency world is as dramatic as any Hollywood blockbuster. Hardly had the dust settled on the public spat between crypto tycoon Li Xiaolai and Binance executives, when mainstream media outlets began publishing damaging reports about Binance, Huobi, and OKEx, sparking widespread attention
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Binance Launches WHY and Cheems Perpetual Contracts: Market Volatility and the Future of BNBChain
Binance Launches WHY and Cheems Perpetual Contracts: Market Volatility and the Future of BNBChainOn November 25th, Binance Futures announced the launch of USD-margined perpetual contracts for 1000WHYUSDT and 1000CHEEMSUSDT, with leverage up to 75x. Following this announcement, WHY's price plummeted by over 30%, and Cheems fell by more than 50%
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Bitcoin Surges Past $95,000, Fueling Speculation of a $100,000 Milestone
Bitcoin Surges Past $95,000, Fueling Speculation of a $100,000 MilestoneBitcoin's price recently skyrocketed, surpassing $94,000 per coin on the evening of November 20th, setting a new all-time high. CoinGlass data shows that by around 9:15 AM on November 21st, Bitcoin had broken through the $95,000 barrier, marking a cumulative increase of over 30%
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Bitcoin Breaks $85,000: A Deep Dive into Market Volatility and Future Outlook
Bitcoin Breaks $85,000: A Deep Dive into Market Volatility and Future OutlookBitcoin's price surge past $85,000 has sent shockwaves through the global financial market, sparking widespread attention and fervent debate. Major media outlets are reporting extensively, social media is awash with predictions and analyses of Bitcoin's future trajectory, and investor sentiment is wildly fluctuating between euphoria and anxiety