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Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?
Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?The Federal Reserve announced a rate cut today, prompting a rapid surge in Bitcoin's price, which broke through the $61,000 mark and briefly touched $61,500, showcasing strong momentum. Although it has retreated to around $60,000 overnight, the market remains optimistic
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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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Bitcoin and Ethereum ETFs: Inflow and Outflow Data Reveal Market Trends
Bitcoin and Ethereum ETFs: Inflow and Outflow Data Reveal Market TrendsAs of September 13, the total net assets of Bitcoin ETFs reached $53.72 billion, with daily inflows of $159
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Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?Dogecoin (DOGE) is at a crucial point after encountering resistance at the $0.09149 level
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Ethereum Price Analysis: Descending Wedge Pattern Suggests Reversal, But Risks Remain
Ethereum Price Analysis: Descending Wedge Pattern Suggests Reversal, But Risks RemainDespite its prominence in the cryptocurrency market, Ethereum remains one of the worst performing among the top cryptocurrencies by market cap. Recent price declines have caused losses for many investors, raising concerns about the future direction of Ethereum's price
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Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price Drop
Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price DropProminent crypto KOL Lark Davis, in a YouTube video released on September 9th, stated that the current crypto market cycle will likely peak in 2025 and advised selling and exiting at that time. He believes that the global liquidity cycle will reach its peak in 2025, followed by a decline
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Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000
Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5
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Trump Victory Could Send Bitcoin Soaring to $90,000, Bernstein Predicts
Trump Victory Could Send Bitcoin Soaring to $90,000, Bernstein PredictsAccording to Glodonghui on September 10th, prominent investment firm Bernstein has released a new report predicting the impact of the US presidential election results on the cryptocurrency market. The report states that if Republican presidential candidate Donald Trump wins the US election in November, Bitcoin is expected to hit a new high later this year, potentially reaching $90,000 by the fourth quarter
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Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term Trend
Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets
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Is Ethereum underperforming? VanEck executive defends its strong economic model
Is Ethereum underperforming? VanEck executive defends its strong economic modelAmidst growing criticism of the Ethereum blockchain and its underwhelming performance this year, Matthew Sigel, Head of Digital Assets at VanEck, has come out in defense of the network, citing its robust economic model. Even after the launch of a spot Ethereum ETF in July 2024, ETH price has been criticized for failing to attract enough interest
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Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertain
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin