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Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertain
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin
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Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index Release
Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index ReleaseAt the close of trading in New York on Tuesday, the CME Bitcoin futures contract (BTC) settled at $58,485.00, down 1
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US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!
US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!The Nasdaq Composite Index plunged 3% overnight, with Nvidia and Apple leading the decline, sparking concerns about a potential burst of the decade-long US stock market bubble. Bitcoin also suffered a significant drop, mirroring the US stock market downturn
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Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential Cryptocurrencies
Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162
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Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder Breakout
Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3
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Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent Performance
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance
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Ethereum: Still Holds Enormous Potential Despite Recent Underperformance
Ethereum: Still Holds Enormous Potential Despite Recent UnderperformanceWhile Ethereum's recent market performance has fallen short of expectations, many experts remain bullish on its future prospects. Since the beginning of 2023, ETH has significantly underperformed SOL, and has fallen 47% against BTC over the past two years
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Goldman Sachs and Morgan Stanley Buy Heavily into Bitcoin Spot ETFs in Q2
Goldman Sachs and Morgan Stanley Buy Heavily into Bitcoin Spot ETFs in Q2Morgan Stanley, too, expressed confidence in BlackRock's iShares Bitcoin ETF, revealing its ownership of 5.5 million shares valued at $188 million
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Goldman Sachs and Morgan Stanley Significantly Increased Bitcoin ETF Holdings in Q2, Reflecting Institutional Investor Interest
Goldman Sachs and Morgan Stanley Significantly Increased Bitcoin ETF Holdings in Q2, Reflecting Institutional Investor InterestMorgan Stanley also demonstrated interest in BlackRock's iShares Bitcoin ETF, disclosing ownership of 5.5 million shares, valued at $188 million
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Dormant Bitcoin Activity Triggers Crypto Market Volatility: Selling Pressure and Upward Expectations Intertwine
Dormant Bitcoin Activity Triggers Crypto Market Volatility: Selling Pressure and Upward Expectations Intertwine Recent market analysis indicates that the sudden movement of approximately $1.7 billion worth of dormant Bitcoin could intensify selling pressure in the cryptocurrency market
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Dogecoin Mania: The Myth of a 100x Coin Born from a Joke, Retail Investor Frenzy or Bubble Illusion?
Dogecoin Mania: The Myth of a 100x Coin Born from a Joke, Retail Investor Frenzy or Bubble Illusion?Dogecoin (DOGE), which had been dormant for over two years, has recently become the focus of attention in the crypto market. "Dogecoin's price surged over 400% in a year" has become a trending topic, and more than 140,000 people have even called for Amazon to accept Dogecoin as a payment method
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The recent performance of DOGE coins has been strong and broken through key resistance levels
The recent performance of DOGE coins has been strong and broken through key resistance levelsRecently, the DOGE has shown strong performance and is expected to further rise. It is expected to break through key resistance levels