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Bitcoin falls below $56,000 as Fed rate cut expectations cool
Bitcoin falls below $56,000 as Fed rate cut expectations coolBitcoin (BTC) and the broader cryptocurrency market declined in early trading on Wednesday, a move that coincided with diminished expectations for a Fed rate cut following the release of the August Consumer Price Index (CPI) report. The report showed that overall inflation rose at its slowest pace in more than three years in August, but it did not increase market expectations for a significant rate cut from the Fed
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Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?Dogecoin (DOGE) is at a crucial point after encountering resistance at the $0.09149 level
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Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest Decline
Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest DeclineBitcoin network's hash rate remains near all-time highs with miners continuing to invest in new hardware despite declining miner revenue, demonstrating their unwavering confidence in the network. However, interactions between investors and exchanges are showing a declining trend, with overall trading volume shrinking, indicating waning market participant interest
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Bitcoin Drops Below $56,500, Ethereum Also Down 2%
Bitcoin Drops Below $56,500, Ethereum Also Down 2%Titanium Media App, September 11 - Bitcoin price fell 2% to $56,422; Ethereum also dropped 2% to $2,330.30
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Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 Climbs
Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies
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Trump's Debate Performance Weak, Bitcoin Price Plunges
Trump's Debate Performance Weak, Bitcoin Price PlungesOn September 10th, local time, former US President and Republican presidential candidate Donald Trump participated in a televised debate with US Vice President and Democratic presidential candidate Kamala Harris, hosted by ABC in Philadelphia. From the outset of the debate, traders seemed to believe that Trump had not gained much ground
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The September Curse: Why Does Bitcoin Always Underperform in September?
The September Curse: Why Does Bitcoin Always Underperform in September?September has become a haunting spell for Bitcoin, a curse that seems to linger. Since its inception in 2010, Bitcoin has averaged a 4
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Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight Edge
Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight EdgeSunil Jagtiani, senior editor for cryptocurrencies and digital payments, noted that Bitcoin began to pull back, falling over 1% to below $57,000, approximately 30 minutes after the start of the US presidential debate. Bitcoin has been considered a "Trump trade," as the president has publicly shown support for the digital asset industry
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Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?
Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?At 9:00 AM this morning, US presidential candidates Harris and Trump will face off in their first debate on ABC News. Institutional analysts believe investors can look to Bitcoin's movement during the debate for clues on who might be gaining the upper hand
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Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5
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Bitcoin and Ethereum Futures Close Higher on Tuesday
Bitcoin and Ethereum Futures Close Higher on TuesdayAt the closing bell in New York on Tuesday, CME Bitcoin futures (BTC) settled at $57,770.00, up 0
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Bitcoin and Ethereum Futures Rise in New York Afternoon Trading
Bitcoin and Ethereum Futures Rise in New York Afternoon TradingOn Tuesday, September 10th, CME Bitcoin futures (BTC) settled at $57,770.00, up 0