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Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September

Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0

Dogecoin Price Fluctuates: Bearish Pressure Battles Potential ReboundDespite some analysts predicting a Dogecoin price surge to $2.25 by 2025, the coin is currently facing bearish pressure

Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move

Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key SupportEthereum (ETH) price has been under sustained pressure recently, falling below $2,400 for the second time in three days. While the wider market may be hopeful that the latest decline marks a bottom, on-chain analysis points to a different narrative

Bitcoin's Breakout Above $73,800 Hinges on Bulls Overcoming Sell PressureWhile Bitcoin traders are optimistic about the price breaking free from its recent slump and surging to the $73,800 local resistance level, the reality is less rosy. Buyers need to show considerable conviction before Bitcoin can successfully break through these areas, which could trigger a significant amount of liquidations

Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1

Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500

Dormant Bitcoin Activity Triggers Crypto Market Volatility: Selling Pressure and Upward Expectations Intertwine Recent market analysis indicates that the sudden movement of approximately $1.7 billion worth of dormant Bitcoin could intensify selling pressure in the cryptocurrency market

Ethereum Under Pressure: BlockTowerCapital Dumps $25 Million ETH, Whale Selling Continues, Market Concerns GrowInstitutional Sell-Off Fuels Market ConcernsThe cryptocurrency market has recently experienced a cold spell, with Ethereum (ETH) prices remaining persistently low. Several factors have combined to heighten market concerns

The Crypto Market Swings Wildly: Bitcoin Bounces Back, Ethereum Faces PressureThe cryptocurrency market experienced a wild ride this week, with Bitcoin rebounding on Tuesday following a global market sell-off on Monday, while Ethereum, despite a rebound, remained under pressure after suffering a sharp drop on Monday, triggered by a chain of liquidations.Volatility Sparked by Global Market Sell-OffOn Monday, Japanese stocks plunged, triggering a circuit breaker

Cryptocurrency Market Weekly Review: BTC Hits New High, ETH Struggles to Rebound, SOL Faces Pressure, TON Remains in Observation, BNB Weakly ReboundsBTC Hits All-Time High: After failing to break through $60,000 twice on July 10th and 11th, Bitcoin price experienced a slight pullback on Friday, but quickly rebounded. After the German government emptied 3,000 BTC addresses, BTC broke through the upper channel of the short-term downtrend and returned to the $60,000 mark