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Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in Response
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4
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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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Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto Climate
Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election
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Bitcoin Reclaims $60,000, Ending with Volatility? Don't Be Fooled by Appearances, Bulls Are Quietly Rising!
Bitcoin Reclaims $60,000, Ending with Volatility? Don't Be Fooled by Appearances, Bulls Are Quietly Rising!Bitcoin closed above the $60,000 mark this morning, once again claiming this critical price level. Looking back at the recent trend, while Bitcoin experienced a period of consolidation below $60,000, I have always believed that this low-level consolidation wouldn't last long
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How Will the Market React to Recent ETH Sales by Ethereum Co-founder Buterin and the Foundation?
How Will the Market React to Recent ETH Sales by Ethereum Co-founder Buterin and the Foundation?Vitalik Buterin, the co-founder of Ethereum, recently transferred approximately $10 million worth of ETH to wallets associated with cryptocurrency exchanges, sparking market speculation about whether he was selling ETH. At the same time, the Ethereum Foundation sold 84,000 ETH worth over $207 million in August, using these funds to finance development, research, and other important projects within the Ethereum ecosystem
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Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?
Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?BTC hit resistance today, with a relatively small overall drop, currently remaining at a high level. After falling from its peak to around 57,000, it quickly rebounded to near 60,000
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September: A ray of hope, or a plunge into the abyss?
September: A ray of hope, or a plunge into the abyss?The wild swings of August have finally come to an end, and for cryptocurrency investors, it's been a grueling month. Following the correction in early August, the market has been in constant flux, leaving investors exhausted
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L2 Networks Boost Ethereum Throughput by 20x
L2 Networks Boost Ethereum Throughput by 20xAccording to Odaily Planet Daily, growthepie revealed on X platform that L2 networks have increased Ethereum's throughput by 20 times. This news has sparked investor interest and once again highlights the crucial role of L2 networks in enhancing Ethereum's scalability
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$65,000 Ceiling, Bitcoin Bull Dreams Shattered: $50,000, New Beginning or Abyss?
$65,000 Ceiling, Bitcoin Bull Dreams Shattered: $50,000, New Beginning or Abyss?The digital gold's shine seems to have dimmed before the $65,000 ceiling. Bitcoin's recent price weakness has been on the minds of every investor, with bulls' attempts to break through the $65,000 mark failing, leaving the market with an uneasy air
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Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 Liquidated
Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 LiquidatedThe cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6
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Ethereum (ETH) extends losses by 3% today after yesterday's 23% surge
Ethereum (ETH) extends losses by 3% today after yesterday's 23% surgeOn May 22, Ethereum (ETH) extended its intraday losses by 3%, currently trading at $3,660, following a 23% surge yesterday.
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Crypto Market Sees Strong Rebound Fueled by Multiple Positive Catalysts
Crypto Market Sees Strong Rebound Fueled by Multiple Positive CatalystsThe crypto market has witnessed a strong rebound over the past few days, essentially signaling the end of the recent correction. Bitcoin reached close to the $65,000 mark, recording a 24-hour surge of over 5