Category

Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th

Bitcoin Market Shakes: Bounce After $58,900 Low, What's Ahead?Just today, October 11, 2024, the Bitcoin market witnessed significant volatility, with the price dipping to a low of $58,900 before quickly rebounding to $60,634. This move not only reflects the ever-changing market sentiment but also reveals how investors react differently to macroeconomic uncertainty and technical signals

Fed Minutes Spark Market Volatility, Bitcoin and Gold Dip While Stocks RiseOn Wednesday, October 10th, the stock market exhibited strong performance, while Bitcoin (BTC) and gold, assets commonly considered "safe havens," experienced declines. This phenomenon was attributed to the release of the Federal Reserve's September meeting minutes, which revealed internal discrepancies in the central bank's stance on the magnitude of upcoming interest rate cuts

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

Bitcoin Rebounds Strongly: Market Sentiment Improves, What's the Outlook?After a series of sharp declines, the virtual currency market has finally seen a long-awaited rebound. At 2:23 PM Beijing time on October 10th, Bitcoin successfully broke through the $61,000 mark, with the latest price reported at $61,015

Cryptocurrency Market Surges Again, Bitcoin Breaks $61,000Following a series of sharp declines, the cryptocurrency market is witnessing a rebound. As of 2:23 PM Beijing time on October 10, Bitcoin has surged past $61,000, reaching $61,015

Bitcoin Drops Below $60,000, Market Dips What's Next?Yesterday, Bitcoin prices fell again, breaking below the $60,000 mark and reaching a low of $60,301, with a fluctuation of 2,242 points. Ethereum also experienced a decline, reaching a low of around $2,350

Crypto Market Holds Steady Ahead of Fed Minutes ReleaseBitcoin and Ethereum traded in a narrow range as traders awaited the release of the minutes from the US central bank's September meeting. The crypto market was subdued on Wednesday morning ahead of the release of the minutes from the Fed's last meeting, which are expected to provide insights into future interest rate policy

Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?The cryptocurrency market has seen a rebound since the Federal Reserve (Fed) announced a significant 50-basis-point interest rate cut last month. After a dip triggered by geopolitical instability, Bitcoin surged back above $64,000 on Monday (7), reaching a high of $64,466

Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?As global markets seemed to be stabilizing, Trump's "golden words" once again ignited the financial world. His comments not only caused a sharp drop in gold prices but also pushed Bitcoin to the brink of breaking the $63,000 mark, sending the market into a state of panic

The Feast of the Chinese A-Share Market: Has the Crypto Market Cooled Down?Driven by stimulus policies aimed at revitalizing the sluggish economy, the Chinese A-share market has seen a dramatic surge, with the Shanghai Stock Exchange opening with a limit-up after the holidays. However, this stimulus policy has not boosted the cryptocurrency market as some expected, instead drawing investments away from it

China's Assets Rise Against the Tide: A Bright Spot in the Global Stock Market PlungeOn October 1, 2023, the global stock market experienced a "thunderbolt," with the US stock market plunging at the opening bell. The cryptocurrency market followed suit, with Bitcoin falling below the $30,000 mark, plummeting by $4,000 and triggering margin calls for over 150,000 investors