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The Market Storm Triggered by Mt. Gox Repayment Plan: Bitcoin and Ethereum Suffer Heavy Losses, Liquidations Sweep Across the Market
The Market Storm Triggered by Mt. Gox Repayment Plan: Bitcoin and Ethereum Suffer Heavy Losses, Liquidations Sweep Across the MarketThe recent cryptocurrency market crash has wiped out over $380 million in optimistic bets on Bitcoin and Ethereum, with the market overall plunging by more than 10%
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Ethereum Spot ETFs Nearing Approval: Opportunities and Challenges Await
Ethereum Spot ETFs Nearing Approval: Opportunities and Challenges Await The cryptocurrency market has recently experienced significant volatility, impacting both bulls and bears. The German government's failed attempt to sell Bitcoin further fueled market panic
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Will Bitcoin face selling pressure, but rebound to $60,000 in the short term?
Will Bitcoin face selling pressure, but rebound to $60,000 in the short term?The cryptocurrency market has recently experienced significant volatility, with Bitcoin prices falling sharply over the past week, but bouncing back nearly 3% on Tuesday. However, some analysts have warned that the market may face selling pressure from multiple sources, putting further pressure on prices
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Trump's Return, Bitcoin Dreams of $200,000? Republican Platform Endorses Crypto, Can the Crypto King Return to its Peak?
Trump's Return, Bitcoin Dreams of $200,000? Republican Platform Endorses Crypto, Can the Crypto King Return to its Peak?As the 2024 US presidential election approaches, the cryptocurrency market has once again become a global focal point. Recently, Bitcoins price dipped to $55,000, a drop of over 20% from its year-high of $73,000, causing some market confidence to waver
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Bitcoin Price Rebounds, But Faces Resistance: Impact of German Government Sell-Off?
Bitcoin Price Rebounds, But Faces Resistance: Impact of German Government Sell-Off?Bitcoin price rebounded to around $58,000 at the Wall Street open on July 9th, following the latest round of on-chain transactions by the German Government. Despite concerns triggered by the event, Bitcoin price has shown resilience and remained largely unaffected
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Bitcoin Plunges Again Amidst Concerns of Mt.Gox Repayment-Driven Sell-Off
Bitcoin Plunges Again Amidst Concerns of Mt.Gox Repayment-Driven Sell-OffPreface:On July 12, 2023, Bitcoin experienced another significant price drop, falling over 5% to breach the $55,000 mark, reaching its lowest point in a year
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Bitcoin's "Paper" Mania: The Impact and Reflections of the Contract Market on the Spot Market
Bitcoin's "Paper" Mania: The Impact and Reflections of the Contract Market on the Spot MarketSince its inception in 2009, Bitcoin, with its decentralized and tamper-proof nature, has become the leader in the digital currency space, attracting countless investors. However, in recent years, the price trend of Bitcoin has become increasingly complex, no longer exhibiting the clear upward trend seen in its early days
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Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at Risk
Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at RiskBitcoins price is attempting to recover from its June slump, but on-chain data suggests it may face resistance around the $65,000 level. While historical data shows Bitcoin usually exhibits a strong rebound in July, technical analysis and on-chain metrics indicate any rally this month could be capped by selling pressure at the $65,000 mark
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Bitcoin Market Analysis for September: Breakout of the Range, $24,800 at Risk, Downward Trend Likely to Continue
Bitcoin Market Analysis for September: Breakout of the Range, $24,800 at Risk, Downward Trend Likely to ContinuePrefaceHello everyone, I'm Jing Shi. Today is September 1st, let's review the Bitcoin trend in August and look ahead to the market direction in September
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Bitcoin Breaks Through $57,000, Up Over 0.6% on the Day
Bitcoin Breaks Through $57,000, Up Over 0.6% on the DayOn July 8th, Bitcoin continued its upward trajectory, breaking through the $57,000 mark
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Bitcoin Hits New High, Over $1.1 Billion Liquidated!
Bitcoin Hits New High, Over $1.1 Billion Liquidated!On March 13th, Beijing time, Bitcoin surged, breaking through $59,000 per coin, reaching a new all-time high of $59,300
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Bitcoin: Bulls and Bears Clash, Is a Bottom in Sight?
Bitcoin: Bulls and Bears Clash, Is a Bottom in Sight?The cryptocurrency market has been volatile recently, with Bitcoin prices experiencing a significant decline and now standing at a bullish-bearish turning point. While several technical indicators suggest a further drop, the strong buying activity from whales hints that a price rebound may be imminent