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Bitcoin Market Rises: Q3 Report Reveals Performance and Future Trends
Key points:Bitcoin's quarterly price performance is poor, at -11.5%, but its performance so far this year is still better than most asset classes;As of the time of writing this article, the purchasing power of the United States, which drove the rise of Bitcoin in the first half of the year, has completely weakened;Trading volume, liquidity, volatility, and search trends continue to decline;The discount of annual grayscale on net asset value has decreased from -48% to -16%;The proportion of long-term holders holding Bitcoin has reached a historic high of over 76%;Bitcoin's native valuation still shows that Bitcoin is at the lower limit of value;The active address slightly increases, while the transmission volume (adjusted by the entity) continues to decrease;After the strong performance of Bitcoin prices in the first half of the year, the performance of Bitcoin in the third quarter was lackluster, with a month on month decline of 11
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Is the grayscale case about to be resolved? Bitcoin slightly rises, the Israeli-Palestinian conflict remains unresolved, and oil and gold prices soar again
Although several US banks released eye-catching financial reports on Friday, S& The P500 fell 0.5% in the end, while Nasdaq, which is mainly focused on technology stocks, fell 1
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What is the future price trend of Dogcoin's stable social dominance?
With the development of the Internet, cryptocurrencies have become increasingly popular, among which Dogcoin is a popular cryptocurrency. Despite some fluctuations in the price of dog coins, their dominant position in the market remains strong
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It is difficult to predict whether the price of Gougou Coin will reach $1 in 2023 due to its outstanding recent performance.
To learn more about the coin circle, clickContinuously updatingIs the current market Xiongmo or Niuchu? Except for the top 8 cryptocurrencies in BTC and ETH rankings, which have attracted market attention, their trends often lead the development direction of the entire industryHot topics on October 13th;oneA giant whale deposits $11 million in assets on Aave and borrows $8.45 million in stable currency to repay debts and avoid liquidationtwoBelugaProtocol was attacked and the loss increased to 108
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Shanzhai coins have surged by 370% in four months. What are the prospects for Bitcoin and Dogcoin?
A cryptocurrency analyst said that a little-known counterfeit currency may undergo a significant adjustment after soaring three digit percentage points since June.Anonymous trader AltcoinSherpa stated that he believes that the blockchain Oracle counterfeit TellorTributes (TRB) will become one of the "best tokens" to short in the coming months
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How much do you know about Dogcoin (DOGE) and what is the difference between it and Bitcoin (BTC)
What is Dog Coin (DOGE):Dogcoin, also known as "Dogecoin", is an open-source peer-to-peer cryptocurrency based on the Scrypt algorithm and is the second largest virtual currency in the world after Bitcoin in terms of user count.It was born on December 8, 2013, and its name comes from its icon being a firewood dog
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The uniqueness of dog coins: surpassing the hype of firewood dogs
Gougou coin is known as the "Chaigou" joke coin, but it has now developed into a cryptocurrency with specific characteristics. Apart from jokes, dog coins have unique features in various aspects
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With the collapse of key support lines, Ethereum prices are about to plummet
Ethereum prices are falling towards the support level of $1500 against the US dollar. ETH may pull back and rise, but the upside potential may be limited above $1565
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This is when the price of Bitcoin (BTC) broke through before halving
CryptoCon, a cryptocurrency analyst, predicts that based on the previous halving situation, Bitcoin (BTC) should break through the sideways trend around November.Their paper suggests that Bitcoin has already risen before the previous halving, indicating lucrative investment opportunities before the end of 2024
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XRP prices may rise, while the decline in Bitcoin indicators indicates a new round of rebound
along withWith the cryptocurrency market facing a surge in selling pressure, XRP prices continue to consolidate sideways in a relatively short period of time. Although key cryptocurrencies may receive critical support, one analyst believes that there is still hope for XRPLedger native tokens
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Wealth is within reach! The ultimate secret to crazily earning Bitcoin!
Bitcoin: Pursuing Wealth or Pursuing Financial Freedom? Bitcoin has become the protagonist of global financial markets, and no matter where you go, you can hear people's rumors and stories about Bitcoin. In the frenzy of digital currency, I was also attracted to it
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What are the current status and development trends of BGD Belgrade coin and 2023 Bitcoin?
What are the current status and development trends of BGD Belgrade coin and 2023 Bitcoin?Detailed explanation and guidance on the current development status of Bitcoin in ChinaThe Development Status of Bitcoin in ChinaThe development of Bitcoin in China has gone through ups and downs. In 2013, Bitcoin began to receive widespread attention in China, driven by a sharp rise in investor speculation