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Bitcoin Recovers After Briefly Dipping Below $56,000
Bitcoin Recovers After Briefly Dipping Below $56,000September 4, 2021 - Bitcoin continued its decline today, briefly dipping below $56,000 before recovering to the $56,000 level.
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Bitcoin Starts September with a Dip: US Stocks Weigh, Fears Intensify
Bitcoin Starts September with a Dip: US Stocks Weigh, Fears IntensifyFollowing the US Labor Day holiday, US stocks tumbled, with Nvidia closing down nearly 10%, marking its biggest single-day decline. Other tech stocks also saw widespread losses
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Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500
Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500Binance Coin (BNB) has dropped over 10% in the past week, currently trading below its downtrend line from August 23. Technical indicators like the MACD and DMI suggest that BNB could face further short-term declines, as the bearish momentum remains strong
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Bitcoin in September: Last Dip or Rebound Prelude?
Bitcoin in September: Last Dip or Rebound Prelude?Bitcoin continued its downward trend on Saturday, breaking below the descending channel line, sparking market concerns about further declines. The market expects Bitcoin to drop to around 57900 or 57500, but it is recommended to wait for the bottom formation to appear before considering buying
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Bitcoin Drops Below $65,000, Fear Grips the Market: Is it Time to Buy the Dip?
Bitcoin Drops Below $65,000, Fear Grips the Market: Is it Time to Buy the Dip?Although the overall crypto market has been relatively subdued since the start of this bull run, except for Bitcoin and a few mainstream tokens, optimism in the market is rising with the Federal Reserve expected to enter a rate-cutting cycle. This has fueled anticipation of an upcoming bull run
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Ethereum Price Dips, Experts Predict Rebound Later This Week or Next
Ethereum Price Dips, Experts Predict Rebound Later This Week or NextAmidst continued depreciation of Ethereum's price, prominent cryptocurrency analyst Michael van de Poppe highlighted the asset's current weakness and indicated a potential rebound timeframe in an early morning X platform post. Poppe's comments come as Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant downward pressure, echoing its rival Bitcoin
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Ethereum Whales Buy the Dip, Bottom in Sight?
Ethereum Whales Buy the Dip, Bottom in Sight?While Ethereum ETFs have experienced net outflows, reaching nearly $500 million recently, analysts believe Ethereum may have bottomed out. Market whales investors holding large amounts of Ethereum are actively buying, a signal pointing towards a bottom bounce
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Bitcoin futures drop over 1%, Ethereum futures dip slightly
Bitcoin futures drop over 1%, Ethereum futures dip slightlyAt the close of trading in New York on Thursday (August 22), the CME Bitcoin futures BTC main contract closed at $60,770.00, down 1
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Ethereum Price Hovers Around $3,100: Can ETFs Avoid a Dip Below $3,000?
Ethereum Price Hovers Around $3,100: Can ETFs Avoid a Dip Below $3,000?Ethereum's price fluctuated around the $3,100 level on August 1, 2024, as the market reacted negatively to the Fed's pause on interest rate hikes. The Fed's rate pause, which had initially spurred ETH's surge to $3,100, triggered negative reactions in risk asset markets, including stocks and cryptocurrencies
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Bitcoin unlikely to see large-scale rally in the short term: Analysts expect a dip test, with prices potentially reaching the $53,000-$54,000 range
Bitcoin unlikely to see large-scale rally in the short term: Analysts expect a dip test, with prices potentially reaching the $53,000-$54,000 rangeDespite the July Consumer Price Index (CPI) rising 2.9% year-on-year and inflation easing for the fourth consecutive month, the market widely expects the Federal Reserve to begin cutting interest rates next month, which briefly pushed Bitcoin to $61,500
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Crypto Market Dips: Bitcoin Plunges Below $65,000, Altcoins Hard Hit, Spot Bitcoin ETFs See Outflows
Crypto Market Dips: Bitcoin Plunges Below $65,000, Altcoins Hard Hit, Spot Bitcoin ETFs See OutflowsThe cryptocurrency market experienced a broad decline in early European trading on Tuesday, with the total market capitalization dropping by approximately 3% over the past 24 hours to around $2.48 trillion
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Ethereum's Growing Scarcity: Exchange Balances Dip, ETF Launch Imminent
Ethereum's Growing Scarcity: Exchange Balances Dip, ETF Launch ImminentEthereum (ETH), the world's second-largest cryptocurrency, is experiencing increasing scarcity driven by declining exchange balances and market anticipation for a spot Ethereum ETF. Data reveals that Ethereum's accumulation rate even surpasses Bitcoin's, suggesting that ETH could become a key driver in the future cryptocurrency market