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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
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Global Financial Markets See Muted Activity on Good Friday, US Dollar Index Retreats After Core PCE Data Release
Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period
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Weekly Market Recap: US Stocks Mixed, Tech Giants Under Investigation
US stock markets started the final week of March with a mixed bag of results. The Nasdaq Composite Index ended the week on a high note, while the Dow Jones Industrial Average and S&P 500 Index both closed lower
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Huobi HTX: US SEC delays making decision on the application for spot bitcoin ETF
Source: Huobi HTXWhat major events have occurred in the global encryption market over the past 24 hours?Morgan Stanley expects the Federal Reserve to start cutting interest rates in June next year;Data: The crypto market has experienced net capital inflows for the first time in nearly 17 months;The US SEC has postponed its decision on the application for Hashdex spot Bitcoin ETFs and grayscale Ethereum futures ETFs;Musk: The Grok API access for the AI project xAI is already in the early testing stageMarket OverviewBitcoin (BTC)The violent rebound in the past 24 hours has continued to rise from $34362 in the morning to reach a maximum of $37964 this morning, and has since fallen slightly, with volatility amplifying to 9.57%
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Bitcoin futures rose by over 7% on Wednesday, reaching $38000. The US SEC has once again postponed approval of Bitcoin ETF and Ethereum futures declaration documents
In late Wednesday trading in New York, the CME Bitcoin Futures BTC main contract was trading at $37910.00, up 7
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The "Dog Coin" Behind Musk: From the Rise of Jokes to the Rise of Mythology
The 'meme coin' is typically known for its extremely speculative nature and potential for extreme short-term gains. The characteristic of this type of digital currency is that its market value can often rapidly increase in a short period of time, and sometimes even achieve growth of hundreds, thousands, or tens of thousands of times
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After a brief adjustment, the bull market of Dogcoin has once again united
If the bulls continue to strengthen, the price of DOGE may try to establish a foundation above $0.07755
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Long Push: The Bitcoin ecosystem will take one year to complete the 5-year journey of Ethereum
Note: This article is from @ cheng_ Shutong Twitter, organized by Mars Finance as follows:The Bitcoin ecosystem will take one year to complete the 5-year journey of EthereumICO+DeFi+Metaverse+NFT+L2s, etc1. Why can Bitcoin be used on these roads?The first point is that these narratives have been proven to be objective results screened by the market
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Dialogue Jeff: Ethereum's TVL over the past four years, BTC ecosystem is enough in just one year
JeffCo-founder of Recursiverseon-chainNFTon-chainon-chainBTCBTCOrdinalsJeffIDG90TeambitionJeffBTCBTC ETFcrypto--26x14Co-founder of 7UpDAO26x14: JeffMBTIJeff: ENTJ26x14201290Jeff26x14JeffEssayParadox 26x14BVCJeffHard choice is the right choice26x14O2OJeffEgoego26x14Jeff26x14JeffTaprootOrdinalsCasey1%BTC200TVL2017ICO2020DefiAll-inOrdinals/Atomicals/Taproot AssetsICODefiTVL4ICO4Defi/NFT/1-2AlphaBTCbuilderCaseyMake Bitcoin Fun Again26x14JeffBTCOrdinalsETHETH/Ordinals+Day 1Gas FeePSBTETHFront RunETHVVVVVC26x14all in$ORDImemeJeff6++100%CC0NFTTVLDefiETH100GasL2BTC1L2 26x14blockchainJeffWeb2Web226x14BTC L1BTC L2OP- ZKPRGBBitVMLightning Networkcut intoJeffL2Roll-upL2NativeUnisatModuleBRC-20ModulegasAMMBTCBTCL2ZK RollupAMM//ZKZKpBTCRGBTaro0gasBitVMBTC++Polygon26x14BTCJeffETHBTCETHSmart ContractDumb ContractMarketCap/FDV 26x14POWJeffPOWPOSPOWVC/POWOGOrdinalsOrdinalsBRC2026x14Elon MuskSam AltmanJeffBuilder