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Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term Trend
Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets
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Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?
Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon
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Ethereum: Still Holds Enormous Potential Despite Recent Underperformance
Ethereum: Still Holds Enormous Potential Despite Recent UnderperformanceWhile Ethereum's recent market performance has fallen short of expectations, many experts remain bullish on its future prospects. Since the beginning of 2023, ETH has significantly underperformed SOL, and has fallen 47% against BTC over the past two years
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Bitcoin Breaks Below $60,000 Despite Rising Fed Rate Cut Expectations, Is Crypto Confidence Waning?
Bitcoin Breaks Below $60,000 Despite Rising Fed Rate Cut Expectations, Is Crypto Confidence Waning?The latest data from the U.S
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Despite the Federal Reserve's warning of interest rate hikes, Bitcoin and Solana continue to rise.
Behind the rise in Bitcoin (BTC) prices in November: Is it a brief boom or a precursor to a bull market? After the Federal Reserve announced the news, counterfeit coins soared and Bitcoin remained stable! Let's explore.In recent times, despite the Federal Reserve's warning of interest rate hikes, the prices of cryptocurrencies such as Bitcoin (BTC) and Solana (SOL) continue to maintain a strong upward trend
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Despite bullish grayscale news, Bitcoin (BTC) is still struggling at $27000
The recent price struggle and regulatory developments in Bitcoin are reshaping the encryption landscape, putting investors on the edge of their seats.The price of Bitcoin has made significant breakthroughs, but has encountered stubborn resistance
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Despite the stable prices of Bitcoin and Ethereum, the cryptocurrency community remains bearish
Although the prices of Bitcoin and Ethereum have stabilized in recent weeks after experiencing a prolonged cryptocurrency bear market, discussion data indicates that the entire community is still significantly bearish.According to cryptocurrency analysis company Santiment, the mention rate of topics such as "inflation" and "bear market" is constantly increasing
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Despite the inflow of ETH transactions, the 10 largest Ethereum wallets are still held in diamonds
The Ethereum Whale continues to hold onto diamonds and buys more each time it falls. However, investors need to be cautious when falling below $1550
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Despite the delay in the Holesky testing network, the price of Ethereum (ETH) has still risen to over $1650
Ethereum (ETH) prices have reached a long-term upward support line that has existed for nearly 460 days.Although price trends show conflicting readings, RSI has generated bullish signals that may lead to a significant price increase
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Despite continuous market volatility, Bitcoin (BTC) prices still hit monthly peaks
Simply putBitcoin has recently broken four consecutive weeks of decline, soaring nearly 3% in the past week to a monthly high of $26750.The surprising rebound in September (a traditionally bearish month for Bitcoin) indicates that it is building support
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Despite recent troubles, Jim Kramer still supports Coin An and BNB
MadMoney host Jim Cramer stated that he is optimistic about the cryptocurrency exchange and its BNB tokens, despite regulatory obstacles and liquidity concerns.Jim Cramer, a US television host known for his financial acumen, has taken a bullish stance on Coin An and its native cryptocurrency BNB
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Despite the price increase, Bitcoin's activity has stagnated for the following reasons
Bitcoin broke through $30000, indicating a bullish trend. However, the market is still in a transitional period and further development is needed to establish a sustained upward trend