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Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?
Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?On the evening of July 8, 2024, the price of Bitcoin suddenly plummeted, dropping from $57,200 to $54,800, causing widespread shock in the market. However, this "dive" only lasted for 10 minutes before Bitcoin quickly rebounded to $56,000, and subsequently surged to $57,100, ultimately stabilizing around $56,500
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Bitcoin Drops for Fourth Straight Day: Market Turmoil Amid Mt. Gox Liquidation, Government Sell-Off, and Miner Pressure
Bitcoin Drops for Fourth Straight Day: Market Turmoil Amid Mt. Gox Liquidation, Government Sell-Off, and Miner PressureBitcoin prices have fallen for a fourth consecutive trading day, dipping to their lowest point since February, as concerns mount in the market
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Bitcoin Plunges: Mt.Gox Compensation, German Government Sell-Off, Market Fear Spreading?
Bitcoin Plunges: Mt.Gox Compensation, German Government Sell-Off, Market Fear Spreading?On July 5, 2024, Bitcoin prices took a dramatic dive, falling below the $54,000 mark at one point, with the largest drop exceeding 8%
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Will Bitcoin face selling pressure, but rebound to $60,000 in the short term?
Will Bitcoin face selling pressure, but rebound to $60,000 in the short term?The cryptocurrency market has recently experienced significant volatility, with Bitcoin prices falling sharply over the past week, but bouncing back nearly 3% on Tuesday. However, some analysts have warned that the market may face selling pressure from multiple sources, putting further pressure on prices
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Bitcoin Price Rebounds, But Faces Resistance: Impact of German Government Sell-Off?
Bitcoin Price Rebounds, But Faces Resistance: Impact of German Government Sell-Off?Bitcoin price rebounded to around $58,000 at the Wall Street open on July 9th, following the latest round of on-chain transactions by the German Government. Despite concerns triggered by the event, Bitcoin price has shown resilience and remained largely unaffected
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Bitcoin Plunges Again Amidst Concerns of Mt.Gox Repayment-Driven Sell-Off
Bitcoin Plunges Again Amidst Concerns of Mt.Gox Repayment-Driven Sell-OffPreface:On July 12, 2023, Bitcoin experienced another significant price drop, falling over 5% to breach the $55,000 mark, reaching its lowest point in a year
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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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Financial Market Volatility: Dollar Dips, Gold Retreats, Bitcoin Faces Selling Pressure, Israel Escalates Gaza Conflict
Financial Market Volatility: Dollar Dips, Gold Retreats, Bitcoin Faces Selling Pressure, Israel Escalates Gaza ConflictJuly 11th saw a volatile landscape in the financial markets. The US Dollar Index tumbled to 104
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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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German Government's Massive Bitcoin Sell-Off Triggers Market Panic: A "Butterfly Effect" From Mt.Gox Repayment Plan
German Government's Massive Bitcoin Sell-Off Triggers Market Panic: A "Butterfly Effect" From Mt.Gox Repayment PlanThe cryptocurrency market has recently been in turmoil, with Bitcoin prices plummeting amidst widespread panic
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On November 10th, ETH skyrocketed, with 400000 people selling positions across the network and multiple orders successfully closing in 2000, achieving a complete victory!
Professional long short leveraged trading!Share a stable and profitable trading systemToday we won't analyze the market for the time being. This surge is basically over, and we will make some adjustments and fix the indicators later
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Analysis of Ethereum ETH Market on Saturday: Short sellers dominate in the volatile zone
Hello everyone, I am Eleven.Ethereum ETH, as an important member of the cryptocurrency market, has been closely monitoring its price trend recently