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Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds PrevailAfter nearing $64,000, Bitcoin appears to have encountered a temporary resistance. The cryptocurrency fell back above $62,000 in early trading today (August 8th), and currently, it has slightly recovered to $62,400

Cryptocurrency Market Pulls Back, Bitcoin Drops Below $62,000, Meme Coins Give Up GainsThe cryptocurrency market remains volatile as buyers and sellers clash, with Bitcoin prices pulling back and meme coins giving up recent gains. Following yesterday's rally, most cryptocurrencies are currently in the red, experiencing a correction that has wiped out recent gains

Ghosts in the Virtual World: A Quest for Truth About BitcoinIn the bustling city of Beijing, with its towering skyscrapers and glittering neon lights, Li Yang, a programmer, was immersed in a world of code and data. However, a chance encounter thrust him into a thrilling quest for truth

Crypto Market Volatility: BTC Falls Below 62,600, ETH Weakly Recedes, Altcoins Follow the TrendOn Monday, BTC exhibited a rollercoaster ride, reaching a high of 64,478 and falling back to 62,128, with a fluctuation range of 2,350 points. Meanwhile, ETH showed relative weakness, with two days of rebound only offsetting one day of decline, and the previous six-day decline took four days to bounce back by about half

Bitcoin Under the Dollar Hegemony: The 2024 US Election's Crypto BattlefieldSince its inception, Bitcoin, a revolutionary technology, has been inextricably linked to the global financial system and political landscape. The 2024 US presidential election, a global spectacle, will witness the first deep engagement between Bitcoin and the American political arena

Bitcoin and Ether Futures Close Higher on MondayOn Monday (October 7), at the close of trading in New York, the CME Bitcoin futures BTC main contract settled at $63,230.00, up 0

Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?China's recent economic stimulus package, designed to revitalize its sluggish economy, has unexpectedly triggered a capital shift from the cryptocurrency market, particularly Bitcoin, to the Chinese stock market. The Shanghai Composite Index and the Hang Seng China Enterprises Index have surged on the back of the stimulus, while Bitcoin prices have seen a notable decline

Bitcoin Rallies to $64,000 as Investors Await Fed Rate DecisionBitcoin (BTC) and the broader cryptocurrency market showed a bullish trend in early trading on Monday, while stocks and gold traded in the red, as traders reassessed their expectations for a November rate cut. The move reflects the market's sensitivity to the Federal Reserve's policy stance and the future direction of the economy

The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and LeadershipAs global nations increasingly recognize the importance of digital assets, the United States is actively exploring ways to maintain its leadership position in this field. In this context, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024" on July 31st

Beware of "Digital Gold": How Seniors Can Rationally View Bitcoin and Blockchain?In recent years, Bitcoin and blockchain technology have witnessed a surge in popularity, attracting numerous investors. However, for seniors, investing in these emerging areas requires extra caution to avoid being blinded by the allure of "overnight riches

Bitcoin's 10-Year 100x Surge: The Complex Logic Behind Cryptocurrency WealthOne crucial driver of Bitcoin's price surge lies in its unique technological features and innovations. As a digital currency based on blockchain technology, Bitcoin boasts decentralization, anonymity, and immutability

Bitcoin Rebounds to $63,500, Can Altcoins Follow Suit?Last week, Bitcoin fell to around $60,000 due to the conflict in the Middle East. However, with the recent release of positive employment data in the US, Bitcoin prices have rebounded