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Heavyweight: BTC will eventually become a global reserve asset alongside US bonds and gold
Recently, during our communication with our friends, we found that some of them have doubts about a report by the Bank for International Settlements (BIS) stating that "cryptocurrencies themselves have not yet proven their value." Here, we will briefly explain our personal understanding
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Ethereum prices have risen since the last two Federal Reserve meetings - will this happen again
After the last two Federal Reserve meetings held on June 14 and July 25, 2023, Ethereum (ETH) prices rose by 17% and 3%, respectively. On chain analysis explores how Ethereum prices respond to the upcoming Federal Reserve interest rate announcement in September 2023
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Major Market Warning: The probability of the Federal Reserve raising interest rates by one yard this week is over 99%, and Bitcoin Station will receive 30000 magnesium
Although the Consumer price index (CPI) data of the United States in June hit the lowest level in nearly two years. But analysts expect the Federal Reserve's FOMC meeting this week to likely raise interest rates by another one yard
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Pay attention to the Federal Reserve's interest rate decision, BTC options expire, and Bitcoin hovers below $30000
Bitcoin continues to test investors' patience as it remains within a narrow range. Although recent gains have been made, traders need to remain vigilant as narrow volatility often leads to a sharp increase in volatility
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Bitcoin fell by $30000, while counterfeit coins became popular due to concerns that the Federal Reserve would continue to raise interest rates
After the opening of Wall Street on July 6th, Bitcoin continued to fluctuate, with the high point of the year being replaced by a pullback.BTC/reached a new low in July near $29701Popular trader Jelle is one of those who are concerned about the possibility of prices returning to the $28000 range, and he believes this is a suitable entry point
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Observation | Expecting the Federal Reserve to raise interest rates towards the end, Bitcoin has rebounded by over 40% this year
The Federal Reserve's interest rate increase slowed down, and Bitcoin, the world's largest Cryptocurrency, rose sharply in response.On February 2nd, Beijing time, after the Federal Reserve announced a 25 basis point interest rate hike, the price of Bitcoin quickly climbed to over $24000 per coin
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The Federal Reserve's expectation of raising interest rates is hindered by the collapse of the banking industry, and Bitcoin has returned to the $24000 level
Interface News Reporter | Si LinweiOn the evening of March 13th, market data showed that Bitcoin, the world's largest cryptocurrency by market value, broke through the $24000 mark, reaching a maximum of $24500, with a 24-hour increase of over 18%. The second largest cryptocurrency, Ethereum, quoted over $1650, reaching a maximum of $1700
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Next, observe the price level of these Bitcoins as BTC fell by 3% during the turbulent weekend
Some rapid declines have failed to lift Bitcoin out of its familiar trading range, with one trader calling it "in an uncertain state".BitcoinOn May 6th, there were new fluctuations as low liquidity weekend trading tested the courage of its trading range
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As the Federal Reserve meeting approaches, BTC and ETH rebounded on Wednesday
Bitcoin rebounded from Tuesday's decline as all the focus of the market shifted to today's Federal Reserve interest rate decision. The market generally expects the Federal Reserve to raise interest rates by 25 basis points at its May meeting
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What happened? After hitting a new low in 10 months, Bitcoin has risen above the $31000 mark. The Federal Reserve claims that significant inflation and interest rate hikes pose financial risks
Edited by: Bi LumingWithin an hour, Bitcoin staged a trend of long short to recover and cut. At around 8:00 am Beijing time on the 10th, Bitcoin fell below the $30000 mark, breaking a new 10 month low and falling more than $10000 from the highest point since the Federal Reserve raised interest rates on May 5th
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Bitcoin has fallen below $24000! Is the Federal Reserve raising interest rates the main reason for the sharp drop in virtual currency prices again?
Virtual currencies represented by Bitcoin and Ethereum themselves belong to risk assets. Against the backdrop of the Federal Reserve's interest rate hike, the appreciation of the US dollar has increased the pressure on the depreciation of risk assets