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Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?
Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?Dogecoin (DOGE) recently stalled before the key resistance level of $0.1120, subsequently adjusting against the US dollar
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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
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Zoo Market Heats Up: Fantom, Sui, Sei, Who Will Grab the Third Seat in the Next Bull Run?
Zoo Market Heats Up: Fantom, Sui, Sei, Who Will Grab the Third Seat in the Next Bull Run?The last couple of days have seen a significant surge in animal-themed cryptocurrencies like EDOGE, PESTO, MOO, DENG, and CHEEMS. The "zoo market" is back in action
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Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat Up
Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat UpTraders on Tuesday boosted the probability of the Federal Reserve cutting interest rates by 50 basis points for the second time in a row to 61%, as China also joined the near-global monetary easing movement currently sweeping major economies. This news pushed the price of Bitcoin to its highest level in over a month during US afternoon trading on Tuesday, breaking above the $65,000 mark for the first time since early August
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Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limited
Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limitedWhile Dogecoin (DOGE) has been fluctuating within a descending wedge pattern in recent days, and might break out soon, market analysis suggests that a significant price surge after the breakout is unlikely.Weak momentum, ADX indicator reveals waning uptrendDogecoin's momentum has clearly weakened, with the Average Directional Index (ADX) indicating a fading uptrend, currently at a very weak level
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Bitcoin Retests Support, Ethereum Continues to Climb, Liquidations Across Exchanges Exceed $140 Million
Bitcoin Retests Support, Ethereum Continues to Climb, Liquidations Across Exchanges Exceed $140 MillionYesterday, Bitcoin briefly surpassed $64,000 before falling back to around $63,000 to test support levels. Meanwhile, Ethereum exhibited strong performance, breaking through $2,500 yesterday morning and continuing its climb this morning, currently trading at $2,561
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Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate Cut
Bitcoin Rollercoaster: Market Euphoria and Lamentations Triggered by Fed Rate CutBitcoin, once a quiet code, has become a hot topic among global investors. Like a wild horse, it gallops through financial markets, soaring to new heights at times, plummeting to new lows at other times, leaving everyone baffled
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New York Close on Friday: CME Bitcoin Futures Edge Lower but Remain Up for the Week
New York Close on Friday: CME Bitcoin Futures Edge Lower but Remain Up for the WeekCME Bitcoin futures, the BTC flagship contract, closed at $62,940.00 on Friday in New York, down 0
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Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 Next
Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 NextEthereum price has continued its upward momentum after breaking through the $2,420 resistance level, currently trading close to $2,500. The price has been on a consistent upswing since overcoming the $2,320 resistance level
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Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?
Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?Analyst AliMartinez recently posted a blog on X platform using data from IntoTheBlock to analyze Ethereum's current investor cost basis distribution. He pointed out that Ethereum could decline to $1,800 if it breaks below the $2,300 - $2,359 support level
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Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs
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Fed Rate Cut and Upcoming Election Could Push Bitcoin to New Highs
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U