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After the Biden administration and Republican lawmakers reached a preliminary agreement on the US Debt limit, Bitcoin briefly recovered $28000 of lost ground for the first time since the beginning of this month. However, according to Bitcom terminal data, as of the time of press release, Bitcoin fell below $28000, and the Ethereum transaction price hovered around $1910

Bitcoin (BTC) prices hovered around $26.000, within the recent intraday range prior to the Federal Reserve's important policy statement on Wednesday

Recently, Danny Ryan of the Ethereum Foundation published the article "Reflections on Key Issues of Ethereum in 2023", which caused widespread controversy.He said: "At this time, the 'Ethereum Killer' (referring to Ethereum competitors) is wavering in the uncertainty of the bear market, and Bitcoin culture and technology are struggling in a blank, but Ethereum shows unprecedented strength

Popular cryptocurrency analyst Ali Martinex stated that Bitcoin's "most important support level" is between $26360 and $27160. This range is worth noting as it represents an important quantity of cryptocurrencies

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

The number of Bitcoin receiving addresses has reached a new high in a month. Market indicators are also optimistic about BTC, indicating that prices will further increase

#Challenge 30 Days to Write a Diary on Headlines#Introduction: Financial crises are important and complex issues in the economic field, and the monetary system plays a crucial role in financial crises. In this context, Bitcoin, as a decentralized digital currency, has attracted much attention and is considered to have certain potential to change the traditional monetary system and respond to financial crises

Trading within the price range of $26000, some speculate whether the price of Bitcoin has bottomed out.The price of BTC has re-entered the $26000 range

Bitcoin may have benefited from President Biden's confidence call last night and started a rapid rebound, reaching a peak of $27500 this morning, while Ethereum also broke through $1830. On the US stock market, all four major indices closed higher, with regional bank stocks showing particularly impressive gains

On chain data shows that the buy/sell ratio of Ethereum recipients has recently formed a crossover, which historically indicates that asset prices have reached their peak.Ethereum Maker buy/sell ratio recently crossed 280 day and 476 day moving averagesAs an analyst pointed out in a CryptoQuant post, the last time this crossover was formed was in May 2021, when ETH observed a bull market rebound at the top

The strengthening of the US dollar not only causes non US currencies to continue to decline, but also makes it difficult for the digital currency market to escape the disaster of a pond fish.On Wednesday, September 7th, Bitcoin plummeted by over 5% at one point, and although it regained its lost ground and slightly rebounded, it remained below the $19000 mark

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit