Here's the English translation of the provided text: Bitcoin Recedes Slightly, While Ethereum Continues its Upward TrendThe cryptocurrency market saw divergence in New York trading on Wednesday (July 10), with Bitcoin prices pulling back slightly while Ethereum continued its upward trajectory.The CME Bitcoin Futures BTC lead contract closed at $57,585
Here's the English translation of the provided text:
Bitcoin Recedes Slightly, While Ethereum Continues its Upward Trend
The cryptocurrency market saw divergence in New York trading on Wednesday (July 10), with Bitcoin prices pulling back slightly while Ethereum continued its upward trajectory.
The CME Bitcoin Futures BTC lead contract closed at $57,585.00, down 0.99% from the previous day's New York close, trading between $59,740.00 and $57,365.00. This indicates that despite Bitcoin's recent strong performance, there is still some volatility in market sentiment.
In contrast, the CME Ethereum Futures DCR lead contract performed strongly, closing at $3,103.50, up 1.07% from Tuesday. The continued rise in Ethereum prices may be linked to expectations for the Ethereum 2.0 upgrade, which is anticipated to enhance Ethereum's efficiency and scalability.
It's important to note that the cryptocurrency market is highly volatile, and investors should exercise caution when making investments and have robust risk management strategies in place.
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