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Anticipation of Spot Bitcoin ETF Approval Boosts BNB Price
Quick Overview: The price of Binance Coin (BNB) is exhibiting bullish signals amid market anticipation of the US Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF). This positive sentiment is also influencing the broader cryptocurrency market, with major players like Grayscale now putting their ETF applications on hold
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Ethereum Price Rebounds Strongly, Breaks Out of $4,000 Range
Ethereum price is trading above the $4,000 resistance zone, following a strong surge similar to Bitcoin. ETH/USD traded higher and reached a multi-month high above $4,050 before correcting lower
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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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Ethereum Price Faces Rejection, Pulls Back from $3,650 Zone
Ethereum Price Faces Rejection, Pulls Back from $3,650 ZoneEthereum price is struggling to sustain gains above the $3,650 resistance. ETH faced rejection and started a fresh decline below $3,550, similar to Bitcoin
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Ethereum Whale Transactions Surge in March, Signaling ETH Price Rally
Ethereum Whale Transactions Surge in March, Signaling ETH Price Rally Summary Ethereum (ETH) whale transactions have been on the rise in March, indicating a potential rally in ETH price. ETH price has been trading within a tight range, hinting at a possible breakout towards $4,000
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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 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 Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U
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Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline