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Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation Fears
Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes
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Bitcoin Hits New High, Market Cap Surpasses Tesla: Musk Effect Fuels Frenzy Amid Inflation Expectations
Bitcoin Hits New High, Market Cap Surpasses Tesla: Musk Effect Fuels Frenzy Amid Inflation ExpectationsOn February 9, 2021, at 8:00 AM, Bitcoin broke through its previous all-time high, reaching a peak of $47,480.8 and pushing toward the $50,000 mark
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Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and Commodities
Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and CommoditiesPaul Tudor Jones, the legendary American investor and billionaire hedge fund manager, said he is holding gold, Bitcoin, and commodities to hedge against inflation risks as both presidential candidates lack a proper plan to address the US debt problem.Jones, who founded his hedge fund, Tudor Investment Corporation, over 40 years ago and is known for correctly predicting the 1987 stock market crash, believes that inflation risks will be more apparent after the November election as both candidates have proposed tax cuts and spending plans, ignoring the US deficit problem
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Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?
Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?Bitcoin's price has been fluctuating wildly recently, leaving investors on edge. What factors are driving the price volatility? Why did Bitcoin fail to rebound after the release of US inflation data? What lies ahead for Bitcoin? This article delves into these questions, providing readers with a clearer analysis
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Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto Market
Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September
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Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk Combine
Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0
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US Inflation Data Hints at Rate Cut, Bitcoin Market Remains Cautious
US Inflation Data Hints at Rate Cut, Bitcoin Market Remains CautiousFinancial markets rose broadly in early trading Tuesday, after the release of US July Producer Price Index (PPI) data showed cooling inflation, offering further room for the Federal Reserve to cut interest rates.PPI Data Hints at Potential Rate CutThe US Labor Department reported that the PPI rose 0
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Will Ethereum (ETH) enter the era of deflation and revolutionize itself? There is a problem with ETH not exceeding this level
Hello everyone, this is Pipi. Today, let's talk about the latest news about ETH!Latest news from Ethereum (ETH):From the above figure, it can be seen that Ethereum (ETH) has increased by+2
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One year after the merger of Ethereum: Energy consumption decreased by 99.9%, liquidity pledge emerged, and ETH entered the era of deflation
Count the 5 key points after the merger of Ethereum for one year.Ethereum has been transitioning from Pow to PoS for over a year now, and this transformation, known as' consolidation ', introduces the concept of' pledge ', which is a new method of adding and approving trading blocks to the blockchain
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One year after the merger of Ethereum: energy consumption decreased by 99.9%, and liquidity boosted ETH into a deflationary era
Ethereum has been transitioning from Pow to PoS for over a year now, and this transformation, known as' consolidation ', introduces the concept of' pledge ', which is a new method of adding and approving trading blocks to the blockchain.In PoW mode, miners compete to add blocks by solving password challenges
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Ethereum Revolution: Energy consumption drops to 99.9%, the era of ETH deflation begins!
The transformation of Ethereum: More than a year has passed since the transition from PoW to PoS, as well as the centralization and review issues. This transformation is known as "consolidation" and introduces the concept of "pledge", which is a new method for adding and approving transaction blocks to the blockchain
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Ethereum merger for one year: 99.9% reduction in energy consumption, rise in liquidity, and ETH deflation
Ethereum has been transitioning from PoW to PoS for over a year, known as "consolidation", introducing the concept of "pledge", which is a new way to add and validate transaction blocks to the blockchain.In PoW mode, K workers compete to add blocks by solving password challenges