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Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term Bullishness
Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4
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Bitcoin Bulls Gearing Up, $63,000 Key Resistance
Bitcoin Bulls Gearing Up, $63,000 Key ResistanceTwo weeks ago, Bitcoin prices plunged to $49,000, dealing a heavy blow to miners. Profits dwindled significantly, forcing many miners to exit the market, particularly smaller ones who found it difficult to keep up
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Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price Gains
Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply
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$2,300 Could Be a Strong Support Level for Ethereum, But Don't Overlook the Risk of a Bear Trap
$2,300 Could Be a Strong Support Level for Ethereum
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Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trends
Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure
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Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers Hope
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario
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Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500
Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500August 1st, 2023 - Crypto derivatives exchange Deribit, in a recent report, stated that Ethereum's solid $2,860 support level suggests a potential surge to $4,500. The report highlights that the $2,860 support has withstood multiple tests since July 5th, with market focus currently centered on Ethereum
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Morgan Stanley Enters Bitcoin Spot ETF, Ethereum Rebound, XRP Holds Key Support
Morgan Stanley Enters Bitcoin Spot ETF, Ethereum Rebound, XRP Holds Key SupportMorgan Stanley Advisors will begin offering a Bitcoin spot exchange-traded fund (ETF) to its clients starting Wednesday, August 7, a move that has sparked significant market interest. Meanwhile, Bitcoin has broken through the $57,000 mark, Ethereum is poised to return to $3,000, and XRP is holding strong above $0
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The Ethereum market is experiencing upward trends and has reached new high prices
The Ethereum market is experiencing upward trends and has reached new high pricesKey words: Ethereum, Market trend, New high, Gain, Financial AI Telegram messageThis text is from the AI telegram of the Financial Circle, focusing on the recent performance and outlook of the Ethereum market, reminding investors to pay attention to market dynamics and seize investment opportunities.
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Dormant Bitcoin Activity Triggers Crypto Market Volatility: Selling Pressure and Upward Expectations Intertwine
Dormant Bitcoin Activity Triggers Crypto Market Volatility: Selling Pressure and Upward Expectations Intertwine Recent market analysis indicates that the sudden movement of approximately $1.7 billion worth of dormant Bitcoin could intensify selling pressure in the cryptocurrency market
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Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly Unfazed
Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly UnfazedGrayscale Investments updated its holdings data for its Bitcoin and Ethereum-related funds on August 12th. Data shows that the Grayscale Bitcoin Trust (GBTC) holdings decreased to 232,333
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Here are a couple of ways to translate the provided text into English:
Here are a couple of ways to translate the provided text into English:Option 1 (more concise):> Bitcoin price surged past $61,000, gaining 2.79% on the day