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Why is China becoming a "safe haven" for capital amid global market turmoil?
Why is China becoming a "safe haven" for capital amid global market turmoil?Global financial markets have recently faced a tumultuous period, with assets like Bitcoin and Japanese stocks plummeting, tech stocks experiencing weakness, and market panic spreading. Investors are feeling uneasy about the future economic outlook
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Nasdaq Recovers, Bitcoin Plunges, Hong Kong Stocks Decline: Market Volatility Amidst Institutional Optimism for Chinese Assets
Nasdaq Recovers, Bitcoin Plunges, Hong Kong Stocks Decline: Market Volatility Amidst Institutional Optimism for Chinese AssetsFollowing declines across the three major U.S
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Amidst Global Market Turmoil, Why is China Attracting "Smart Money"?
Amidst Global Market Turmoil, Why is China Attracting "Smart Money"?Global stock markets have recently been in a state of relentless decline. From traditional stock markets to emerging cryptocurrencies, significant volatility has been witnessed
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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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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold Soars
Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold SoarsAs tensions escalate between Israel and Iran, Bitcoin (BTC) has experienced a crash, raising questions about its ability to mimic gold as a hedge against geopolitical turmoil. Renowned precious metals analyst Peter Spina, in an October 2nd X post, expressed disappointment in Bitcoin's recent price action, claiming its "digital gold" promise has been shattered
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Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits Shrink
Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits ShrinkMarket data shows that in the past 24 hours, the number of liquidated positions across the cryptocurrency network has reached 166,000, with a total liquidation value of $558 million, marking a new high since August 5th. Bitcoin, after reaching a 2-month high of $66,500 on September 27th, has been fluctuating downward, experiencing a cumulative decline of approximately 7% in the past 3 trading days
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Ethereum Plunges 6% Amidst FUD Wave: Trump Attack, Fed Rate Cut Trigger Market Turmoil
Ethereum Plunges 6% Amidst FUD Wave: Trump Attack, Fed Rate Cut Trigger Market TurmoilEthereum (ETH) price plummeted by 6% in the past 24 hours, falling from an intraday high of $2,425 on September 15th to a low of $2,260 on September 16th. This decline pushed ETH below the $2,200 support level, marking its lowest point since January this year
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Bitcoin's September Challenge: Navigating Rate Cut Expectations Amid Historical Volatility
Bitcoin's September Challenge: Navigating Rate Cut Expectations Amid Historical VolatilityBitcoin (BTC) and the broader cryptocurrency market are facing a challenging environment, exacerbated by the historically volatile nature of September. While a potential rate cut by the Federal Reserve during the FOMC meeting on September 17-18 could bolster Bitcoin, its 30-day volatility has spiked to 70%, with trading volume approaching $3 trillion, reflecting heightened market activity and potentially increased risk
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Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term Optimism
Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term OptimismRecently, the global financial market has been shrouded in the gloom of a looming US recession. The release of the US PMI index, which has fallen into contraction territory for two consecutive months, coupled with the "Black Thursday" event on August 5th, has fueled panic among investors to sell off risk assets
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US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market Turmoil
US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market TurmoilUS Bitcoin ETFs have experienced their longest stretch of daily outflows since their launch earlier this year, as investors pull back from high-risk assets amid global market challenges. According to institutional data, investors withdrew nearly $1
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Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession Fears
Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified