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Bitcoin breaks through $70,000 again, how far can the rally go?Bitcoin has hit the $70,000 mark again after four months. On Tuesday, October 29, following the opening of the US stock market, Bitcoin broke through the key resistance level of $70,000 for the first time since June 7, surging by 4

BTC/ETH Short-Term Analysis: Bitcoin Consolidates After Pullback, Ethereum Shows SupportYesterday (October 26, 2023), BTC reached a low of 66,536 and a high of 67,825, with a volatility of 1,288 points and an amplitude of 2.0%

With US Presidential Election Approaching, Bitcoin Options Market Shows Strong Bullish Sentiment, Targeting $80,000?As the US presidential election draws near, the Bitcoin options market is exhibiting a strong bullish sentiment. According to data from Deribit, the largest crypto options exchange, the ratio of Bitcoin put options to call options has been trending downwards, indicating that more traders are purchasing call options than put options

Beware of "Digital Gold": How Seniors Can Rationally View Bitcoin and Blockchain?In recent years, Bitcoin and blockchain technology have witnessed a surge in popularity, attracting numerous investors. However, for seniors, investing in these emerging areas requires extra caution to avoid being blinded by the allure of "overnight riches

Bitcoin's Surge: Institutional Entry, Market Transformation, How Do Investors Respond?Bitcoin's price fluctuations have been exhilarating, like riding a rollercoaster, recently breaking through $65,000, once again becoming the market's focus. Is this behind market recovery, or institutional planning, or retail investors blindly following the trend? Let's delve into this digital currency game

How Does the Feds Interest Rate Cuts Impact the Cryptocurrency Market?The Federal Reserve's key interest rate decisions have far-reaching implications for global markets, including cryptocurrencies like Bitcoin. The cryptocurrency market is often viewed as a hedge against traditional assets and responds swiftly to both rate increases and decreases

Bitcoin Plunges, 93,000 Liquidated: Crypto Market in Turmoil, How Should Investors React?On October 3, 2024, the cryptocurrency market experienced a tumultuous storm. Bitcoin prices plummeted dramatically, leading to the liquidation of over 93,000 accounts

Crypto Market Volatility: Bitcoin Drops Below $60,000, Ethereum Plunges Further, How to Navigate?The crypto market has experienced heightened volatility lately, with Bitcoin and Ethereum both plunging significantly. Bitcoin has fallen below the $60,000 mark, while Ethereum's decline has been more pronounced

Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional FinanceHave you ever thought that a "gadget" you casually ignored could turn into "digital gold" worth a fortune? Bitcoin, the virtual currency born from the internet wave, has written one wealth legend after another with its amazing rise, leaving countless controversies and reflections behind.In 2010, the price of a Bitcoin was less than a dime

The Bitcoin rebound continues, but how difficult will it be to break through $70,000?Last night, before the US stock market opened, the price of Bitcoin had already broken through $55,500. However, after the US stock market opened, there was a surprising drop, falling nearly $1,000 within an hour

How is the Ethereum Team Addressing the ETH Price Dip? Insights from the 12th AMAOn the evening of September 5, 2024, the Ethereum Foundation held its 12th Ask Me Anything (AMA) session, aiming to address community questions about Ethereum's future development. This event featured key members like Ethereum co-founder Vitalik Buterin, Foundation members Justin Drake, and Dankrad Feist, with discussions centering around the reasons behind ETH's price struggles, the team's response strategies, and Ethereum's future direction

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