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Bitcoin Breaks $100,000 for the First Time: Trump's Crypto-Friendly SEC Chair Nominee Sparks Market FrenzyHONG KONG, December 5 (AFP) Bitcoin surged past the $100,000 mark for the first time on December 5, fueled by a market euphoria sparked by Donald Trump's decision to nominate cryptocurrency supporter Paul Atkins as chairman of the US Securities and Exchange Commission (SEC). The appointment ignited optimism that the incoming administration will ease regulations on the crypto industry, triggering a sharp price rally

Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its FateDespite the recent surge in Bitcoin's price, its ability to break through the $70,000 mark remains uncertain. While the Fed's rate cuts have boosted investor risk appetite, a confluence of four critical factors is needed to propel Bitcoin's price to that level

Bitcoin Hits $69,000, Market Sentiment High, Is a Correction Imminent?The cryptocurrency market has always been a focal point of attention, with Bitcoin (BTC)'s recent price fluctuations attracting global investors' scrutiny. According to CoinDesk, Bitcoin recently reached a high of $69,000, sparking discussions on whether it can continue its upward trajectory and break through the $70,000 mark

Ethereum Rebound Imminent: Is ETH/BTC Ratio Poised for a Turnaround?The crypto bull market last year belonged to Bitcoin, with ETH/BTC suppressed for over two years. Ethereum became a target of criticism during last years bull run, as many Ethereum-killer projects emerged

Bitcoin Miners Dumping BTC: Can $60,000 Hold?Bitcoin is currently consolidating around the $60,000 level, a critical juncture after days of selling pressure. While some analysts and investors predict a significant rebound in the coming months, key data suggests the market may not be ready to breakout just yet

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

Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128

BTC Breaks $65,000, Is a New Bull Run Imminent?After nearly a week of consolidation at high levels, BTC has broken through its previous high of $65,000. This is the first reversal signal seen in six months

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

Is a Bitcoin Bull Run Imminent? Historical Data and Fundamentals Offer CluesWhile recent market volatility has led some analysts to adopt a pessimistic outlook on Bitcoin's price trajectory, a deep dive into its fundamentals and historical data reveals some encouraging signals.Bitcoin's price fluctuations have been a subject of intense scrutiny in recent years, leaving many wondering about its future course

Bitcoin's Tipping Point: 200EMA Will Determine the Future, Are You Ready? Bitcoin is at a critical juncture, with its price rapidly approaching the 200-day Exponential Moving Average (EMA), a technical indicator often viewed as a dividing line between bulls and bears. Charts suggest that the 200EMA will dictate the future trajectory of BTC, with a break above it potentially signaling a return of the bull market

Bitcoin Network Overview: Miner Confidence Remains Strong, But Trading Volume and Investor Interest DeclineBitcoin network's hash rate remains near all-time highs with miners continuing to invest in new hardware despite declining miner revenue, demonstrating their unwavering confidence in the network. However, interactions between investors and exchanges are showing a declining trend, with overall trading volume shrinking, indicating waning market participant interest