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Bitcoin Surges Past $61,000: Is the Bull Run Over?On Wednesday (August 21), Bitcoin broke through the $61,000 mark. Market watchers are closely eyeing Federal Reserve Chair Jerome Powell's comments on interest rates on Friday, as any hints of a 50 basis point cut could trigger market volatility

Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market

Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0

Bitcoin Breaks $61,000, Is the Bull Run Halfway Over?Bitcoin continued to surge after the release of the PPI data last night, breaking through the $60,000 mark and reaching a high of $61,575, up 1.81% in the past 24 hours

The Crypto Market is in Flux: Seize the Opportunity and Embrace the Next Bull Run!Today's Market Analysis:BTC:Bitcoin has broken through the short-term resistance level of 59602 analyzed yesterday, indicating that the daily consolidation is entering its later stages. The tipping point for a breakout is approaching

Embracing the Future: Solana and TON Leading the Next Crypto Bull RunThe cryptocurrency market is undergoing an unprecedented transformation, and at the heart of this revolution are Solana and TON. As new technologies emerge and the market matures, investment strategies need to evolve

Bitcoin Reverts to Consolidation, Fails to Hold $65,000 Level, Bull Run Imminent?Market Sentiment Fluctuates as Bitcoin Drops Below $65,000Bitcoin price experienced a significant drop on June 16th, breaking through the $66,000 support level and hitting an intraday low of $65,046 during midday. A brief buying surge pushed the price back to $67,286, but the momentum failed to sustain, resulting in a closing price of $66,580

Future Market Outlook: ETH ETF and Interest Rate Cuts, the Engines of a New Bull Run?IntroductionThe second half of 2023 has brought a mix of anticipation and uncertainty to the cryptocurrency market. With the approval process for ETH ETFs progressing and expectations of US interest rate cuts heating up, the market is brewing a new storm

Bitcoin Pullback: Short-Term Holders Suffer Heavy Losses, Can the Bull Run Continue?Recently, Bitcoin prices have experienced a sharp pullback, triggering market panic and resulting in significant losses for short-term holders. According to on-chain data analytics firm Glassnode, Bitcoin prices plummeted over 16

Bitcoin Rebounds Strongly, Reclaims $70,000: Can Institutional Inflows Sustain the Bull Run?In the final week of March, Bitcoin's price rebounded strongly, reclaiming the $70,000 level, sparking heated market discussions. Despite a slight pullback in the US stock market, the cryptocurrency market demonstrated robust resilience

After forming a continuous candlestick pattern on the weekly chart of the past three weeks, Bitcoin (BTC) is expected to end the week with a positive attitude. This is an early sign that the uncertainty between bulls and bears is addressing the upward problem

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