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Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!
Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness
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CleanSpark Stock Rallies for Fourth Straight Day, Fueled by Cryptocurrency Market Rebound
CleanSpark Stock Rallies for Fourth Straight Day, Fueled by Cryptocurrency Market ReboundCleanSpark (CLSK.US) surged more than 7% intraday on Wednesday, extending its winning streak to four days with a cumulative gain of 36%
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Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?
Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?Bitcoin's recent surge past the $68,000 mark has sparked widespread attention and heated discussions about its future trajectory. Is this price rally a fleeting phenomenon or a continuation of the bull market? Let's delve into Bitcoin's recent performance and its underlying drivers to gain insights into potential future developments
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Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on rallies
Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on ralliesBitcoin continued its corrective rally yesterday, but the overall trend remains weak. Intraday prices repeatedly attempted to break through the 62,500 resistance but failed, and in the evening, prices experienced a strong pullback, erasing earlier gains gradually
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Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?
Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?As global markets seemed to be stabilizing, Trump's "golden words" once again ignited the financial world. His comments not only caused a sharp drop in gold prices but also pushed Bitcoin to the brink of breaking the $63,000 mark, sending the market into a state of panic
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Bitcoin Rallies to $64,000 as Investors Await Fed Rate Decision
Bitcoin Rallies to $64,000 as Investors Await Fed Rate DecisionBitcoin (BTC) and the broader cryptocurrency market showed a bullish trend in early trading on Monday, while stocks and gold traded in the red, as traders reassessed their expectations for a November rate cut. The move reflects the market's sensitivity to the Federal Reserve's policy stance and the future direction of the economy
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Nasdaq Rallies as Bitcoin Plunge Triggers Market Contagion: Global Markets See Increased Volatility
Nasdaq Rallies as Bitcoin Plunge Triggers Market Contagion: Global Markets See Increased VolatilityAs the evening unfolded, a dramatic shift in sentiment played out in the US stock market. After all three major indices declined during the day, the Nasdaq unexpectedly staged a comeback, with Nvidia leading the charge with a more than 3% gain
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Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
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Bitcoin Briefly Rallies, But Is the Bear Market Looming?
Bitcoin Briefly Rallies, But Is the Bear Market Looming?Despite a surge in Bitcoin on Thursday, it was merely a brief rebound in an otherwise bleak year. While investors have a number of ostensibly positive developments from a fundamental standpoint, Bitcoins chart is showing a worrisome trend
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Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?
Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?BTC/USD has consolidated above $63,500, with bulls pushing hard to break the $65,050 resistance. This would mark a formal end to the current downtrend and could be the first step towards new all-time highs, potentially signaling the top of a bullish flag pattern
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Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?
Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?Ethereum network activity continues to increase, and ETH has not only demonstrated strong price action, but has also surpassed Bitcoin in key market data, showcasing robust growth momentum. With rising open interest and funding rates, the surging meme wealth effect on Ethereum, and clear signs of network growth, market demand for Ethereum is rapidly escalating
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Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in Response
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4