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Global Financial News Roundup: December 5th, 2024December 5th saw significant developments in global financial markets. From Temu's setbacks in Vietnam to Huawei's impressive Mate70 pre-orders and a heating Guangzhou real estate market, the day's events painted a complex picture of the current global economic landscape

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

Huobi HT and OKB Surge, Can Binance BNB Hold Its Ground?Recently, Bitcoin has been experiencing a pullback and consolidation, leading to a general decline in the market. However, Huobi HT and OKB have emerged as standouts, exhibiting strong upward momentum and becoming a bright spot in the market

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

Ethereum Price Hovers Around $3,100: Can ETFs Avoid a Dip Below $3,000?Ethereum's price fluctuated around the $3,100 level on August 1, 2024, as the market reacted negatively to the Fed's pause on interest rate hikes. The Fed's rate pause, which had initially spurred ETH's surge to $3,100, triggered negative reactions in risk asset markets, including stocks and cryptocurrencies

Ethereum Price Struggling Around $2,550: Can Bulls Break Resistance?Ethereum price has shown strong gains over the past few weeks, climbing from a low of $1,911 to a high of $2,555. However, the ETH price is currently facing resistance near $2,550, failing to break through this crucial resistance level

Despite the welcome inflation data for October, the cryptocurrency market suffered one of the most severe blows in weeks on Tuesday.November 14th Bitcoin Price (CoinDesk)After the Consumer Price Index (CPI) remained flat with expectations for a slight increase in October, Bitcoin (BTC) briefly fell to $34970 in the afternoon from around $36600 in the morning

In 2021, Ethereum's role as "ultrasonic currency: moving towards deflation" and "flipping: surpassing Bitcoin" are two important narratives.At present, the dynamics of the competition game between Ethereum and Bitcoin have undergone significant changes

Starting from Thursday evening Beijing time,Ethereum (ETH), the world's second largest cryptocurrency, has surged from $1900 to over $2000 in a short period of timeThis is also the first time this alternative asset has reached this integer level since April this year.(ETHUSD time-sharing chart, source: TradeView)It is reported that the reason for triggering this round of revelry can generally be said to be a "small move" by asset management giant BlackRock

The price of Bitcoin ultimately broke through the resistance level of $36000. BTC shows positive signs and may continue to rise to the resistance level of $37500

Bitcoin prices have started an upward correction since the $26550 region. BTC is on an upward trend and is facing strong resistance near the $27300 and $27500 levels

A highly regarded cryptocurrency strategist believes that if the top meme dogcoin (DOGE) can break through two resistance levels, it will officially enter the bull market.Analyst Ali Martinez told his 31200 fans on social media platform X that DOGE is trading in a large triangle pattern