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Bitcoin Price Plunge: A Complex Interplay of Greed, Macroeconomic Factors, and Investor Sentiment
Bitcoin Price Plunge: A Complex Interplay of Greed, Macroeconomic Factors, and Investor SentimentBitcoin's price plummeted 7.5% in just 48 hours, sending shockwaves through the cryptocurrency market
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Ethereum Software Provider Consensys Lays Off 20% of Staff Amid Macroeconomic and Regulatory Uncertainty
Ethereum Software Provider Consensys Lays Off 20% of Staff Amid Macroeconomic and Regulatory UncertaintyConsensys Inc., a software provider for the Ethereum network, has announced layoffs affecting 162 employees, or 20% of its workforce
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Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds Prevail
Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds PrevailAfter nearing $64,000, Bitcoin appears to have encountered a temporary resistance. The cryptocurrency fell back above $62,000 in early trading today (August 8th), and currently, it has slightly recovered to $62,400
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Cryptocurrency Market Hot Topics: ETFs, Regulation, Macroeconomics, and Innovation
Cryptocurrency Market Hot Topics: ETFs, Regulation, Macroeconomics, and InnovationBitcoin ETFs, especially spot Bitcoin ETFs, have become a key part of the cryptocurrency market. These financial products allow investors to profit from price movements in Bitcoin without directly buying, storing, or managing it
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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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Recession or Top-Down Correction? Macro Data Analysis of the Crypto Market
Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies
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Dogecoin (DOGE) Breaks Out of Downtrend, Enters New Bullish Macro
Amidst the volatility in the cryptocurrency market, meme coins have once again taken the spotlight. Dogecoin (DOGE) has continued its uptrend, surging over 40% in weekly gains and rallying 12% in the past 24 hours, breaking above the $0
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Are whales giving up ETH? Upbit is licensed in Singapore! Explanation of US macroeconomic data
Follow the crypto market situation and understand market trends. Hello everyone, I am Xinyi