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CZ's Binance Exit Opens Floodgates for BNB Spot Market Circulation
The unexpected resignation of Binance exchange CEO Changpeng Zhao (CZ) has sparked a sell-off in the BNB token, leading to a significant decline in its value over the past 24 hours. On-chain data suggests that funds are flowing out of Binance in large volumes, exacerbating the BNB price drop
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Lei Gong on the Market: Insanity and Greed in a Bull Market
Yesterday, I analyzed the short-term trend of BTC and predicted that it would continue to rise. However, the actual result was only a brief rise, and then it broke below the first support level
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Bitcoin: 65% Gain in Q1 2024, but Signs of Fatigue Emerge
As the first quarter of 2024 draws to a close, Bitcoin has witnessed an impressive 65% rally. However, market analysts are starting to notice signs of potential fatigue
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Bitcoin and Ethereum Prices Fall Sharply
Bitcoin and Ethereum Prices Fall Sharply After rallying for several weeks, the prices of Bitcoin and Ethereum fell sharply on Friday. Bitcoin dropped by nearly $2,000 to trade below the $67,000 mark, marking a 4
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Bitcoin and Ethereum Plunge Amidst Market Concerns
Bitcoin and Ethereum Plunge Amidst Market Concerns Shanghai, China - April 2, 2022 - Bitcoin and Ethereum, the two leading cryptocurrencies, experienced a significant sell-off today, raising market concerns. Bitcoin dipped below $67,000 per coin, a drop of nearly $2,000 from its recent high, marking a daily loss of over 4%
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Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next Move
Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000
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Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation
Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%
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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Concept Stocks Plunge Amid Cryptocurrency Market Volatility
Bitcoin Concept Stocks Plunge Amid Cryptocurrency Market Volatility Introduction In the wake of significant volatility in the global cryptocurrency market, Bitcoin concept stocks have experienced a sharp decline. As of time of writing, major Bitcoin concept stocks have posted notable losses, reflecting investor concerns about the sector
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Bitcoin and Ethereum Futures Prices Fall
Bitcoin and Ethereum Futures Prices Fall On Monday, April 1, 2023, at the New York close, the CME Bitcoin futures traded at $70,340.00, down 1
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Bitcoin's Halving Approaches, Market Dips, Sentiment Stays Bullish
Bitcoin Leads Market Lower, $140 Million Liquidated in an Hour Today, Bitcoin dropped from $69,000 to below $67,000 in 20 minutes. It is currently trading at $66,673, down 5