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Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs Data
Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs DataAsset prices, from Bitcoin (BTC) to stocks and gold, struggled to hold steady in early trading on Thursday. Investors were unsettled by heightened tensions in the Middle East and were closely watching for the release of the September jobs report on Friday
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Bitcoin Drops Below $60,000, Exchange Users "Buy the Dip," Is an Uptober Rally in the Cards?
Bitcoin Drops Below $60,000, Exchange Users "Buy the Dip," Is an Uptober Rally in the Cards?On Oct. 3, Bitcoin dipped below $60,000 at the Wall Street open, with exchange users displaying strong buying interest, prompting both anticipation and concerns about an "Uptober" rally
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Crypto Market Volatility: Bitcoin Drops Below $60,000, Ethereum Plunges Further, How to Navigate?
Crypto Market Volatility: Bitcoin Drops Below $60,000, Ethereum Plunges Further, How to Navigate?The crypto market has experienced heightened volatility lately, with Bitcoin and Ethereum both plunging significantly. Bitcoin has fallen below the $60,000 mark, while Ethereum's decline has been more pronounced
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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold Soars
Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold SoarsAs tensions escalate between Israel and Iran, Bitcoin (BTC) has experienced a crash, raising questions about its ability to mimic gold as a hedge against geopolitical turmoil. Renowned precious metals analyst Peter Spina, in an October 2nd X post, expressed disappointment in Bitcoin's recent price action, claiming its "digital gold" promise has been shattered
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Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits Shrink
Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits ShrinkMarket data shows that in the past 24 hours, the number of liquidated positions across the cryptocurrency network has reached 166,000, with a total liquidation value of $558 million, marking a new high since August 5th. Bitcoin, after reaching a 2-month high of $66,500 on September 27th, has been fluctuating downward, experiencing a cumulative decline of approximately 7% in the past 3 trading days
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Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion Loss
Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128
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Overnight BTC Stays Above $65k, Eyes $66k, Could Fed Rate Cuts Fuel Another BTC Surge?
Overnight BTC Stays Above $65k, Eyes $66k, Could Fed Rate Cuts Fuel Another BTC Surge?Bitcoin continued to hold above the $65,000 mark overnight, aiming for $66,000. Following recent Fed rate cuts, markets like gold, US equities, and China's A-shares have seen a surge in sentiment, but Bitcoin seems to be lagging behind
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Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key Resistance
Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key ResistanceDogecoin [DOGE] appears to be chasing the explosive rally led by Shiba Inu [SHIB] on Thursday. While SHIB topped the weekly chart with a 36% surge, DOGE only gained 15% during the same period
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Bitcoin's surge fuels a rally in US crypto stocks
Bitcoin's surge fuels a rally in US crypto stocksBitcoin broke through the $66,000 mark, hitting a new high since July 31st, rising over 1%. This ignited a surge in cryptocurrency-focused stocks on the US stock market
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Crypto-related stocks surge, led by MicroStrategy's 6% gain
Crypto-related stocks surge, led by MicroStrategy's 6% gainCryptocurrency-related stocks rallied on Friday. As of press time, MicroStrategy (MSTR
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Bitcoin Poised for Historic September Surge, Fueled by Global Rate Cuts
Bitcoin Poised for Historic September Surge, Fueled by Global Rate CutsBitcoin is on track for one of its largest September gains ever, driven by a global wave of interest rate cuts, particularly the US's aggressive shift towards looser monetary policy. The largest digital asset has already surged over 10% this month