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Crypto Market Frenzy Returns: Bitcoin Hits New High, Dogecoin Doubles in a Week, Ethereum Rebounds Strongly
Crypto Market Frenzy Returns: Bitcoin Hits New High, Dogecoin Doubles in a Week, Ethereum Rebounds StronglyThe cryptocurrency market, which trades 24/7, 365 days a year, has experienced a remarkable surge in recent times. Bitcoin reached a new all-time high of $81,730 this morning, Ethereum broke through $3,200, and Dogecoin (DOGE) and Shiba Inu (SHIB) soared over 20% in a single day, with DOGE nearly doubling in value over the past week
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Bitcoin's Seasonal Rally Turns Cold, Shorting Strategies Gain Traction
Bitcoin's Seasonal Rally Turns Cold, Shorting Strategies Gain TractionAs October arrives, the market had anticipated a seasonal rally in Bitcoin, but the reality has been less than optimistic. Recent international turmoil, particularly heightened tensions in the Middle East, has cast a shadow over global markets, and Bitcoin has not been spared
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Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?
Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?On Thursday, the BTC/USD trading pair broke through the $65,000 resistance level, hitting a new all-time high. Friday's daily chart showed the pair has confirmed the breakout, setting the stage for further upside, with the next target being the key resistance around $70,000
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Ethereum's "Hundred Dogs Barking" Returns: Can HANA be the Successor to SHIB?
Ethereum's "Hundred Dogs Barking" Returns: Can HANA be the Successor to SHIB?Among them, HANA has gained significant attention with its identity as the "SHIB prototype dog." Rumor has it that HANA is the name of SHIBAInu's prototype pet
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Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels Rally
Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels RallyRobbie Mitchnick, head of digital assets at BlackRock, recently reiterated Bitcoin's potential as a "safe-haven" asset, despite its tendency to track US equities. In a Bloomberg interview, he likened Bitcoin to gold, highlighting its decentralized nature and limited supply as key differentiators from traditional assets
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The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain?
The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain? The Federal Reserve surprised everyone with a 50-basis point interest rate cut! This news sent shockwaves through the financial markets. Logically, a rate cut should be like a shot of adrenaline for the markets, causing both gold and Bitcoin to rally
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Bitcoin Returns to $60,000: MicroStrategy's Massive Purchase Fuels Surge, Future Uncertain
Bitcoin Returns to $60,000: MicroStrategy's Massive Purchase Fuels Surge, Future UncertainOn September 14th, Bitcoin broke through the $60,000 mark, once again drawing market attention. This is the second time Bitcoin has crossed this price range this year, having previously fallen below $65,500 on August 26th
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Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm Payrolls
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7
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Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment Returns
Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment ReturnsThe German government's multi-billion dollar Bitcoin sell-off is nearing its conclusion, potentially offering a sigh of relief to the cryptocurrency market and bolstering bullish sentiment among investors. After weeks of intense selling, the Federal Criminal Police Office (BKA) has significantly reduced its Bitcoin holdings, currently holding only around 4,925 Bitcoins, valued at approximately $285
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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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Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds Shift
Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds ShiftThe cryptocurrency market is showing positive signs lately, with the surge in Solana ETF applications, the German government "returning" Bitcoin, and Republicans' support for cryptocurrencies all signaling a subtle shift in the market winds.Solana ETF Applications Surge, Market Confidence ReturnsOn July 9th, Bitcoin prices rebounded above $56,000, reaching a high of $57,275, demonstrating a strong recovery
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Bitcoin fell back to $3700, with Solana, Avalanche, and dYdX all achieving double-digit returns.
On November 15th, as Bitcoin (BTC) prices hit an intraday high of $37400, some alternative currencies continued to perform strongly. Entering this week, dYdX, Solana (SOL), and Avalanche (AVAX) have all shown double-digit gains, each chasing new highs so far this year