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Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic Intensifies
Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic IntensifiesOn September 4th, Bitcoin prices continued to decline, briefly falling below $57,000, marking a one-month low. Bitcoin has dropped over 4% in the past 24 hours, with other major cryptocurrencies like Ethereum also experiencing significant declines
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Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's Correction
Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024
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Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key Level
Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key LevelAccording to ChainCatcher, if Bitcoin drops below $55,000, the cumulative liquidation intensity of long positions across major CEXs will reach $746 million. Conversely, if Bitcoin breaks above $58,000, the cumulative liquidation intensity of short positions across major CEXs will reach $900 million
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Bitcoin's price decline sparks market concern, risk assets fall across the board
Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly
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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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Bitcoin Futures Plunged Over 1%, Ethereum Futures Fell Over 3%
Bitcoin Futures Plunged Over 1%, Ethereum Futures Fell Over 3%At the close of trading in New York on Tuesday (September 3), the CME Bitcoin futures BTC main contract settled at $58,485.00, down 1
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Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward Trend
Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading
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How Will the Market React to Recent ETH Sales by Ethereum Co-founder Buterin and the Foundation?
How Will the Market React to Recent ETH Sales by Ethereum Co-founder Buterin and the Foundation?Vitalik Buterin, the co-founder of Ethereum, recently transferred approximately $10 million worth of ETH to wallets associated with cryptocurrency exchanges, sparking market speculation about whether he was selling ETH. At the same time, the Ethereum Foundation sold 84,000 ETH worth over $207 million in August, using these funds to finance development, research, and other important projects within the Ethereum ecosystem
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Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound!
Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound! In the ever-volatile digital currency landscape, every Bitcoin fluctuation sends ripples throughout the global investor community. Recently, Bitcoin has experienced an unexpected downturn
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Gas in Ethereum: Understanding Limit, Used, and Price
Gas in Ethereum: Understanding Limit, Used, and PriceIn Ethereum, Gas is a metric that measures the computational resources required to execute smart contracts and is a crucial component of transaction fees. This article delves into the three key concepts of Gas Limit, Gas Used, and Gas Price, explaining their interrelationships and their impact on the Ethereum ecosystem
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Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!
Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!As of August 2024, the global number of cryptocurrency millionaires has surged by a remarkable 95% year-on-year, reaching 172,300 individuals. Among them, the number of individuals holding over $1 million in Bitcoin assets has witnessed a 103% increase, reaching 85,400
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The Bitcoin President: Trump and the Political Game of Cryptocurrencies
The Bitcoin President: Trump and the Political Game of CryptocurrenciesThe 2024 US presidential election has seen an unexpected player take center stage cryptocurrencies. Republican presidential candidate Donald Trump has released a video on social media, declaring his intention to make America the "crypto capital of the world" and branding himself as the "Bitcoin President