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Bitcoin's surge fuels a rally in US crypto stocks
Bitcoin's surge fuels a rally in US crypto stocksBitcoin broke through the $66,000 mark, hitting a new high since July 31st, rising over 1%. This ignited a surge in cryptocurrency-focused stocks on the US stock market
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Bitcoin Surges Past July High, Reaching $66,000
Bitcoin Surges Past July High, Reaching $66,000According to Titanium Media App on September 27th, Bitcoin has surged past its July 31st high, reaching $66,000 per coin. The cryptocurrency has gained 1
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Bitcoin Breaks Through $65,000, Next Target $70,000?
Bitcoin Breaks Through $65,000, Next Target $70,000?Bitcoin has broken through the $65,000 resistance level, and market attention has now turned to the next target - $70,000 or even an all-time high. Although some believe the market is nearing its peak, there are no clear signs of a top from the chart's trajectory
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Crypto Market at a Crossroads: Key Turning Points for Ethereum, Dogecoin, and Bitcoin
Crypto Market at a Crossroads: Key Turning Points for Ethereum, Dogecoin, and BitcoinEthereum, Dogecoin, and Bitcoin are currently at key market junctures, with their future trajectory hinging on the interplay of various technical factors. Ethereum: Breaking Through and SustainingEthereum recently broke through important technical resistance levels, indicating strong momentum among market participants
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Bitcoin defies seasonality, poised for biggest September surge in years as Fed cuts rates
Bitcoin defies seasonality, poised for biggest September surge in years as Fed cuts ratesAccording to intel gathered by Zhitong Finance, Bitcoin is on track for one of its biggest September gains in recent years. The global wave of interest rate cuts, spearheaded by the Federal Reserve, has helped the largest digital asset weather the seasonal headwinds
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Bitcoin Poised for Historic September Surge, Fueled by Global Rate Cuts
Bitcoin Poised for Historic September Surge, Fueled by Global Rate CutsBitcoin is on track for one of its largest September gains ever, driven by a global wave of interest rate cuts, particularly the US's aggressive shift towards looser monetary policy. The largest digital asset has already surged over 10% this month
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Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market Volatility
Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market VolatilityBitcoin has surged past $65,000 for the first time in four weeks, leading to concerns about the upcoming options expiration on Friday, when over $5.8 billion worth of contracts are set to expire
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Bitcoin and Ethereum Futures Prices Surge
Bitcoin and Ethereum Futures Prices SurgeAs of the close of trading in New York on Thursday (September 26), the CME Bitcoin futures BTC lead contract closed at $64,705.00, up 2
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Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance Level
Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance LevelWith Ethereum's recent surge in price, many investors are seeking to uncover when this bull run will reach its peak. A seasoned financial journalist, after a thorough analysis of Ethereum's holdings data, exchange rate comparisons, and token distribution, believes that the top of this bull run is likely to be near the $3200 mark
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Is Bitcoins head-and-shoulders pattern hinting at an imminent bounce and a new bull run?
Is Bitcoins head-and-shoulders pattern hinting at an imminent bounce and a new bull run?A much-anticipated Bitcoin rebound may be on the horizon as the largest cryptocurrency has formed a head-and-shoulders pattern a bullish technical indicator suggesting a potential upside breakout. The formation of this pattern, coupled with the increasing market optimism and improving market sentiment, could fuel the next rally for BTC
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China Plans $142 Billion Injection to Boost Economy, Bitcoin ETF Demand Soars
China Plans $142 Billion Injection to Boost Economy, Bitcoin ETF Demand SoarsInvestor demand for Bitcoin ETFs has surged as China contemplates injecting up to $142 billion into its state-owned banks to buoy its struggling economy. Meanwhile, Ethereum and WorldCoin are both experiencing strong performance, surging past $2,500 and 14% respectively
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Bitcoin Not a Risk Asset? BlackRock: More of a "Global Currency Alternative"
Bitcoin Not a Risk Asset? BlackRock: More of a "Global Currency Alternative"Robbie Mitchnick, Head of Digital Assets at BlackRock, recently stated that calling Bitcoin a "risk asset" might be a misnomer, as its long-term drivers differ significantly from other risk assets. While Bitcoin's price movements have been closely tied to US equities in the recent past, Mitchnick believes Bitcoin behaves fundamentally differently from stocks and other risk-on assets, with long-term drivers that are "very different" and even "opposite" in some cases from other risk-on assets