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After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?
After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?BTC has closed two consecutive weeks in the green after breaking below $85,000, but the rebound has failed to break above the 0.618 resistance level of $62,000, currently remaining in a range-bound consolidation phase
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Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?
Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market
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Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX Recently
Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX RecentlyLookonchain monitoring data reveals that a whale acquired $1 million worth of ETH during the Ethereum ICO at a price of $0.31
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Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent Performance
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance
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Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory Uncertain
Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory UncertainDespite the highly anticipated launch of a spot Ethereum (ETH) exchange-traded fund (ETF), Ethereum's price did not experience a significant surge as many had projected, displaying little reaction to what was expected by many to be a major market catalyst. Analysts predict that Ethereum will mirror Bitcoin's pricing trends following its ETF launch, pointing out that Bitcoins price did not immediately skyrocket after its own ETF debut
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Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!
Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!Bitcoin's volatility in the few minutes before and after the US stock market opened last night exceeded the volatility of the entire day, which was undoubtedly a nightmare for high-leverage players. They might have been profitable in the first few minutes, but turned into losses in the blink of an eye
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Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
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Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers Hope
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario
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Ethereum (ETH) Future Outlook: The Bearish and Bullish Battle
Ethereum (ETH) Future Outlook: The Bearish and Bullish BattleRecently, market researcher and analyst DeFiIgnas published an in-depth analysis report on the current state of Ethereum (ETH), exploring the bearish and bullish arguments surrounding the cryptocurrency and offering valuable insights into its future trajectory.Over the past two years, Ethereum has struggled to keep pace with the growth of other cryptocurrencies
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Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New High
Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500
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Ethereum: The Foundation of the Next Generation Internet
Ethereum: The Foundation of the Next Generation InternetAs the second-largest cryptocurrency platform, Ethereum has become a major driving force behind blockchain technology and decentralized applications (dApps). However, understanding Ethereum can be challenging for newcomers to the cryptocurrency world
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Ethereum ETF Lands in the US: Tepid Market Response, What's the Outlook?
Ethereum ETF Lands in the US: Tepid Market Response, What's the Outlook?The U.S