-
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
-
Bitcoin Price Surges Over 3%: ETF Cash Inflows and Major Events Drive Market Sentiment
Bitcoin Price Surges Over 3%: ETF Cash Inflows and Major Events Drive Market SentimentBitcoin (BTC) price jumped over 3% in the past 24 hours, reaching a daily high of approximately $57,896 before retreating to $56.6K during the early Asian trading hours on Tuesday, September 10th
-
Trump Victory Could Send Bitcoin Soaring to $90,000, Bernstein Predicts
Trump Victory Could Send Bitcoin Soaring to $90,000, Bernstein PredictsAccording to Glodonghui on September 10th, prominent investment firm Bernstein has released a new report predicting the impact of the US presidential election results on the cryptocurrency market. The report states that if Republican presidential candidate Donald Trump wins the US election in November, Bitcoin is expected to hit a new high later this year, potentially reaching $90,000 by the fourth quarter
-
Bitcoin and Ethereum Futures Rise in New York Close on Monday
Bitcoin and Ethereum Futures Rise in New York Close on MondayCME Bitcoin futures (BTC) closed at $57,265.00 on Monday (September 9), up 6
-
Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth Noting
Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth NotingData from Tokenview.com shows that there were 1,626 large transfers of DOGE exceeding 1,000,000 DOGE yesterday, a 4
-
Bitcoin finds support near $52,500, but breakout above $55,500 resistance remains uncertain
Bitcoin finds support near $52,500, but breakout above $55,500 resistance remains uncertainBitcoin price extended its decline after breaking below the $55,500 support area, even dipping below the $53,200 level and testing the $52,500 zone, reaching a low of $52,569. However, the price is currently attempting to rebound and successfully broke through the $53,200 and $54,000 resistance levels as well as the 23
-
Ethereum Price Rebounds: Bear Trap or Long-Awaited Bull Run Return?
Ethereum Price Rebounds: Bear Trap or Long-Awaited Bull Run Return?While heightened tensions in the Middle East dragged Ethereum prices down sharply over the weekend, technical analysis suggests the market might be brewing a rebound. On the daily chart, Ethereum prices have formed a large bullish flag pattern, with the recent dip briefly pushing prices below the $3,000 support level
-
Has Ethereum's Roadmap Gone Off Track? Max Resnick on the Importance of Ethereum L1
Has Ethereum's Roadmap Gone Off Track? Max Resnick on the Importance of Ethereum L1Max Resnick is an Ethereum researcher and member of the Special Mechanisms group (@specialmech). In a recent episode of the Bankless podcast, he expressed views that diverged from the mainstream, sparking a discussion about whether Ethereum's roadmap has strayed from its original course
-
Crypto Market Jitters: Job Report-Induced Panic?
Crypto Market Jitters: Job Report-Induced Panic?On September 9th, according to CoinDesk, the cryptocurrency market experienced a sudden decline following the release of Friday's job report, resulting in over $220 million in long positions liquidated. This event has sparked concerns about the future trajectory of cryptocurrencies and prompted investors to analyze current market sentiment and influencing factors
-
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk Assets
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk AssetsSeptember 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1
-
Interest Rate Cuts Are Coming! Will Bitcoin Rise? A Historical Look at the Future
Interest Rate Cuts Are Coming! Will Bitcoin Rise? A Historical Look at the FutureInterest rate cuts, the savior of markets during periods of decline, are finally here! Since last year's bear market, investors have been eagerly awaiting this moment. Now, with interest rate cuts looming, everyone from traditional financial institutions to crypto KOLs has differing opinions, leaving us uncertain about how to proceed
-
September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in Turmoil
September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in TurmoilSeptember 2024 has been a month of turmoil and unrest around the world. From Typhoon "Capricorn" hitting Wenchang, Hainan, to the bizarre incident of a woman in Heilongjiang hiring a friend to boil traditional Chinese medicine, leading to the friend's death from carbon monoxide poisoning, and from the plummeting of Bitcoin and the sharp drop in US stocks to the escalating Russia-Ukraine war, various events have intertwined, making people sigh at the unpredictability of life