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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 Back at the Peak: Price Nears All-Time High, Mining Difficulty Hits New Record
Bitcoin Back at the Peak: Price Nears All-Time High, Mining Difficulty Hits New RecordBitcoin is once again the center of attention in the digital currency market, with its price surging to $68,000 per coin, just a stone's throw away from its all-time high of $73,000 reached in April 2021, with a gap of less than 8%. Currently, Bitcoin's price is stable around $68,200, registering a 4% increase in the last 24 hours
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Global Capital Flows Heat Up, Bitcoin Nears All-Time High! Hong Kong Emerges as a New Crypto Hub
Global Capital Flows Heat Up, Bitcoin Nears All-Time High! Hong Kong Emerges as a New Crypto HubAccording to Australian Financial Review, global capital flows are showing signs of a resurgence, with Bitcoin prices nearing all-time highs. Hong Kong has become a new hotspot for the crypto market, drawing significant attention from investors and traders alike
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Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With Caution
Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With CautionBitcoin pulled back to near $60,000 overnight, a drop of roughly 3%, which while expected, broke through the key support level of $61,000, raising market concerns. The volume on the breakout of $61,000 was significant, indicating a potential stronger pullback than anticipated
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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment Returns
Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment ReturnsThe German government's multi-billion dollar Bitcoin sell-off is nearing its conclusion, potentially offering a sigh of relief to the cryptocurrency market and bolstering bullish sentiment among investors. After weeks of intense selling, the Federal Criminal Police Office (BKA) has significantly reduced its Bitcoin holdings, currently holding only around 4,925 Bitcoins, valued at approximately $285
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Bitcoin Nears Crucial Resistance, Test Awaits
Bitcoin Nears Crucial Resistance, Test AwaitsBitcoin (BTC), the world's largest cryptocurrency by market capitalization, is at a critical juncture. Its price is currently approaching key resistance levels, with heightened market speculation as traders and investors closely monitor its future trajectory