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Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term Optimism
Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term OptimismRecently, the global financial market has been shrouded in the gloom of a looming US recession. The release of the US PMI index, which has fallen into contraction territory for two consecutive months, coupled with the "Black Thursday" event on August 5th, has fueled panic among investors to sell off risk assets
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Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market Confidence
Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC
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Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term Bullishness
Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4
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Bitcoin Long-Term Holders Remain Committed: What Investment Opportunities Lie Within Market Fluctuations?
Bitcoin Long-Term Holders Remain Committed: What Investment Opportunities Lie Within Market Fluctuations?Recently, despite heightened market volatility and mounting selling pressure, a new report from Glassnode reveals that Bitcoin long-term holders (LTHs) continue to accumulate, with their holdings reaching historical highs. This unwavering HODL mentality and reduced selling intentions could provide strong support for BTC prices and spark market expectations about future trends
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Bitcoin Market Analysis: Short-Term Pullback, Long-Term Bullish?
Bitcoin Market Analysis: Short-Term Pullback, Long-Term Bullish?PrefaceBitcoin prices have seen significant volatility last week, peaking at a new high before quickly retreating, catching many investors off guard. Market sentiment is currently cautious, with many pondering the market's direction in the coming week
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Binance Coin (BNB) Price Analysis: Short-Term Bearish, Long-Term Sideways?
Binance Coin (BNB) Price Analysis: Short-Term Bearish, Long-Term Sideways?The cryptocurrency market kicked off the last trading day of the week on a bullish note, with Binance Coin (BNB) leading the charge, increasing by 0.39% from yesterday
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What is the counterfeit DGB coin of Bitcoin (BTC)? Should long-term participation be considered?
Good morning, this is Xiaoluo. Today, I will bring you a relatively unfamiliar currency - DGB
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Bitcoin has fallen below 26000, and long-term holders are holding 13.44 million BTCs and spot ETFs coming soon?
Last Thursday (21st), the Federal Reserve decided to suspend interest rate hikes in September, and Bitcoin briefly broke through $27000. However, multiple officials expect to raise interest rates by another one yard before the end of the year, and the magnitude of next year's interest rate reduction will slow down
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Ethereum (ETH) approaching key long-term support: will prices rebound?
Ethereum (ETH) prices are approaching the long-term support line of a 450 day high.Although the price trend has declined, RSI has given an upward signal, which previously helped ETH rise by 145%
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Long-term holders of Bitcoin hold 14.52 million BTCs, reaching a historic high
Bitcoin long-term holders hold a record high of 14.52 million BTCs, equivalent to 75% of the BTC circulation supply, according to Glassnode on July 24th
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As Bitcoin (BTC) falls to its long-term support level, purchasing sentiment declines
Bitcoin traders and short-term speculators have always been 'buying on dips', but this sentiment seems to be weakening at the moment.On May 26th, on chain analysis provider Santiment observed that Bitcoin traders often purchase short-term, small cryptocurrency prices, but are hesitant to purchase long-term, larger price drops
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Intraday drop below $22000! Experts say Bitcoin will enter a long-term downward channel
On the morning of June 14th, Bitcoin fell short of the $22000 mark in intraday trading, with a quote of $21904 per coin as of 11:34, which is already the lowest level since the end of 2020.Pan Helin, co director and researcher of the Research Center for Digital Economy and Financial innovation of the International Joint Business School of Zhejiang University, told the reporter of Shell Finance that this round of sharp drop in Bitcoin is because the virtual currency itself is a risky asset