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After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?BTC has closed two consecutive weeks in the green after breaking below $85,000, but the rebound has failed to break above the 0.618 resistance level of $62,000, currently remaining in a range-bound consolidation phase

Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market

$2,300 Could Be a Strong Support Level for Ethereum

Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future DirectionDogecoin [DOGE] has recently witnessed a 35% surge in large-transaction volume, stirring the cryptocurrency market. This trend is being interpreted as a sign of potential price volatility

Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly

DOGE Bullish in the Short Term: Breaking Resistance Levels, Strong Bullish Momentum, Short-Term Entry Point AppearsBitcoin rebounded to $63,000 yesterday, with the overall market performing relatively stable. ETF inflows supported the market's rise, but both bulls and bears were cautious, expecting the market to continue consolidating and awaiting the release of tomorrow's CPI data

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

Binances He Yi: A Comprehensive Breakdown of BNB, its Strategic Deployment, and Future Development Born in the bear market of 2017, BNB plays a crucial role within Binance's ecosystem. Serving as the platform's universal "gas," BNB transitioned from its initial burn mechanism to trading fee deductions, real-world applications, and future plans for stablecoin integration and the "Rising Star Program

Ethereum Crashes Below $2,500! Intraday Drop Exceeds 5%Ethereum's price has taken a sharp dive today, falling over 5% to trade at $2,527 per coin.

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

Bitcoin Breaks Below $60,000 Despite Rising Fed Rate Cut Expectations, Is Crypto Confidence Waning?The latest data from the U.S

Bitcoin and Ethereum Futures Plunged on Wednesday Ahead of CPI Data Release, Briefly Surged EarlierThe CME Bitcoin futures contract (BTC) closed at $59,365.00 in New York on Wednesday, down 3