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Crypto Market Dips: Bitcoin Plunges Below $65,000, Altcoins Hard Hit, Spot Bitcoin ETFs See Outflows
Crypto Market Dips: Bitcoin Plunges Below $65,000, Altcoins Hard Hit, Spot Bitcoin ETFs See OutflowsThe cryptocurrency market experienced a broad decline in early European trading on Tuesday, with the total market capitalization dropping by approximately 3% over the past 24 hours to around $2.48 trillion
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Bitcoin Spot ETF Inflows: The Hidden Truth Behind the Boom
Bitcoin Spot ETF Inflows: The Hidden Truth Behind the BoomThe emergence of Bitcoin spot ETFs in 2024 has sparked market buzz, accompanied by rumors of massive institutional investor inflows. However, despite the continuous rise in ETF inflows, Bitcoin's price has failed to break free from its downtrend, prompting questions: who is dumping?Unveiling the Truth through Data: The Silent Slaughter of OGTo understand the situation, we need to look at the early Bitcoin holders (OGs)
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Bitcoin Bulls Reignite Rally, Spot ETF Inflows Stabilize as Ethereum Spot ETF Looms
Bitcoin Bulls Reignite Rally, Spot ETF Inflows Stabilize as Ethereum Spot ETF LoomsBitcoin (BTC) rebounded strongly in early trading on Monday, breaking through $63,750 and kicking off the shortened trading week in the US, setting the stage for the upcoming July 4th holiday. BTC had previously dipped to a low of $59,881 last week, but rallied 6
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Cryptocurrency Market Rallies Strongly Today, Bitcoin Leads the Charge, Followed by Solana, XRP, Dogecoin and Shiba Inu
Cryptocurrency Market Rallies Strongly Today, Bitcoin Leads the Charge, Followed by Solana, XRP, Dogecoin and Shiba InuIntroductionThe cryptocurrency market saw a strong rebound today, with investor confidence noticeably increasing. Bitcoin was the first to break the $56,000 mark, followed by Ethereum, and other major cryptocurrencies like Solana, XRP, Dogecoin, and Shiba Inu also rose
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Ethereum Drops Below $3100, Plunging Over 6% in a Day
Ethereum Drops Below $3100, Plunging Over 6% in a DayAs of press time, the price of Ethereum has fallen below $3100, marking a drop of over 6.02% in the day
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Germany Sells Bitcoin: Market Impact Gradually Slows, Bottom Bounce Expected?
Germany Sells Bitcoin: Market Impact Gradually Slows, Bottom Bounce Expected?Since June 19th, German government-related wallets have frequently transferred large amounts of Bitcoin to exchanges and market makers such as Coinbase, Kraken, and Bitstamp for sale, sparking widespread market attention. This move is considered another major factor contributing to the recent decline in Bitcoin prices after the Mt
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Ethereum price plunges below $3,100
Ethereum price plunges below $3,100Ethereum's price took a nosedive on Tuesday, falling below $3,100 per coin, representing a daily drop of 6.02%
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German Government Sells Bitcoin: Market Impact Gradually Slows Down, Bitcoin May Have Bottomed Out?
German Government Sells Bitcoin: Market Impact Gradually Slows Down, Bitcoin May Have Bottomed Out?Bitcoin, as a decentralized digital currency, has seen significant price fluctuations in recent years. Recently, news of the German government's massive Bitcoin sell-off has sparked market discussions, considered another major factor causing Bitcoin's price decline following the Mt
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Ethereum Price Drops Below $3,200, Bears Target $3,000 Support
Ethereum Price Drops Below $3,200, Bears Target $3,000 SupportThe price of Ethereum (ETH) has continued to decline, breaking below $3,200 and showing signs of further downside. Bears are currently targeting the $3,000 support level, causing concern for investors
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Ethereum Exchange Outflows Continue, Bullish Sentiment Rising, Price Breakout to $4,000 Imminent?
Ethereum Exchange Outflows Continue, Bullish Sentiment Rising, Price Breakout to $4,000 Imminent?Ethereum (ETH) has been consistently rallying in recent times, with its price climbing steadily and breaking through the $3,500 mark. The driving force behind this strong performance may be the continued outflows of funds from exchanges
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Bitcoin Consolidation: A Golden Opportunity for Low-Entry Positions
Bitcoin Consolidation: A Golden Opportunity for Low-Entry PositionsCurrently, Bitcoin is in a consolidation phase, with this range-bound trading pattern expected to last for several weeks. While short-term volatility may increase, investors shouldn't be overly concerned, as this is simply a precursor to Bitcoin's renewed strength
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Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market Rebound
Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market ReboundOn Monday, Bitcoin reversed its decline from last week, rebounding strongly and bringing a general warming to the digital currency market. The spot Bitcoin ETF rose across the board by about 11%, the CME Bitcoin futures BTC main contract closed at $71,075, up 6