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Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?Bitcoin's price has been fluctuating wildly recently, leaving investors on edge. What factors are driving the price volatility? Why did Bitcoin fail to rebound after the release of US inflation data? What lies ahead for Bitcoin? This article delves into these questions, providing readers with a clearer analysis

Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion

Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th

Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2

CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2

2024 Nobel Prizes: Artificial Intelligence Takes the Lead, Zhou Hongyi Daringly Predicts the FutureThe 2024 Nobel Prize award ceremony, held from October 7th to 14th, captivated global attention. The Nobel Prize, the highest honor in the scientific world, recognizes individuals who have made "the greatest benefit to humankind" in physics, chemistry, peace, physiology or medicine, and literature

Bitcoin and Ethereum Futures Prices Fall in Late New York Trading on ThursdayBitcoin futures (BTC) on CME closed at $59,805.00 on Thursday, down 2

Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September

Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0

Bitcoin Rebounds Strongly: Market Sentiment Improves, What's the Outlook?After a series of sharp declines, the virtual currency market has finally seen a long-awaited rebound. At 2:23 PM Beijing time on October 10th, Bitcoin successfully broke through the $61,000 mark, with the latest price reported at $61,015

Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price DipsData released Thursday by the U.S

The Bitcoin Father Worth $480 Billion Appeared? The Person Involved Spoke Up: It's Not Me! Why Is Satoshi Nakamoto Afraid of Being Found?The identity of Bitcoin's creator, "Satoshi Nakamoto," has been a mystery. Recently, HBO's latest documentary, "The Rise and Rise of Bitcoin," pointed the finger at Canadian software developer Peter Todd, sparking heated discussions in the cryptocurrency community