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With the price of Bitcoin hovering around $25000, Cryptocurrency enthusiasts and investors are eager to determine whether the market has bottomed out or whether the price will fluctuate further.With the bulls successfully gaining critical support, some observers Optimism believe that Bitcoin may have hit the bottom

Bitcoin has encountered strong selling pressure above the price of $27000! The reason is that the profit margins of Bitcoin miners have been squeezed to the bottom in recent weeks, and they have had to sell off their newly produced Bitcoin on a large scale. What operation is this? Are these miners playing the game of 'new bottles can't hold old wine'?Industry insiders have pointed out that the price of Bitcoin has fallen below the critical $27000, which means we may be facing a bearish trend

The news of the US Securities Commission suing Coinbase has sparked heated discussions, and experts have proposed to Coinbase to shift its business focus to Bitcoin, which is not recognized as a securities product. Musk paid attention to this suggestion, and sent an article suggesting that Dogecoin was also a good choice, which made DOGE rebound nearly 10%

After the U.S

In recent months, under the strong supervision of the West, a large number of bitcoins have flowed to the East.After the SEC filed a lawsuit against Binance and Coinbase, the two largest Cryptocurrency exchange, Bitcoin (BTC) and the broader Cryptocurrency market faced strong selling pressure

Since the U.S

Image source @ Visual ChinaArticle | Financial Story Collection, Author | Egg Egg, Editor | YiranRecently, the virtual currency "new rich" Dogecoin is the most powerful currency in the world.On May 4th, the price of dog coins, which Musk had blown up, skyrocketed again, reaching a maximum of $0

Due to the bulls' failure to regain control of the uptrend, a bearish cloud is enveloping the star cryptocurrency Bitcoin. The price started a slight upward correction from the support area of $26550 and climbed above the resistance level of $27000 and the 100 hour moving average level

Bitcoin and other cryptocurrency markets are in a loss making state, and according to CoinGecko's data, the largest digital asset by market value fell by 2% within 24 hours, trading at $25716.The token hit a ten-month high of $30000 in April and has struggled to rebound since its sharp decline in May

Supporters of cryptocurrencies have long advocated that cryptocurrencies can be used to hedge against various "uncertainties", but they have not been able to survive the global slump in risky assets.Celsius Networks LLC, one of the world's largest cryptocurrency lending platforms, said on Sunday local time that "due to extreme market conditions," the platform will suspend all withdrawals, transactions, and transfers between accounts

The price of Bitcoin (BTC) has surged to over $27000, which is a significant bullish trend that has attracted the attention of cryptocurrency investors and traders.This upward trend has sparked optimism and speculation about the potential direction of BTC in the near future

Binance CEO Changpeng "CZ" Zhao stated on Monday that due to the collapse of cryptocurrency friendly banks and stable currency depeg events, Binance will convert the remaining funds from the industry recovery plan into Bitcoin (BTC), BNB, and Ethereum (ETH).During the banking and stable currency crisis, the CEO of Coin An, "CZ," announced on Twitter that Coin An is converting the remaining $1 billion in industry recovery plan funds from BUSD to native cryptocurrencies, including Bitcoin, BNB, and ETH