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Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%

New York Market Bitcoin Futures Update: CME Price Fluctuations and Economic News CrosscheckIt is worth noting that at 18:05 Beijing time, Bitcoin price once hit a new low of USD 58,000, which triggered widespread market attention. This price fluctuation not only reflects the general market concern about cryptocurrencies, but also reflects the complexity and uncertainty of the cryptocurrency market

US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!The Nasdaq Composite Index plunged 3% overnight, with Nvidia and Apple leading the decline, sparking concerns about a potential burst of the decade-long US stock market bubble. Bitcoin also suffered a significant drop, mirroring the US stock market downturn

Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading

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

Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?BTC hit resistance today, with a relatively small overall drop, currently remaining at a high level. After falling from its peak to around 57,000, it quickly rebounded to near 60,000

Bitcoin's Breakout Above $73,800 Hinges on Bulls Overcoming Sell PressureWhile Bitcoin traders are optimistic about the price breaking free from its recent slump and surging to the $73,800 local resistance level, the reality is less rosy. Buyers need to show considerable conviction before Bitcoin can successfully break through these areas, which could trigger a significant amount of liquidations

Cryptocurrency Millionaires Surge as Bitcoin ETFs Fuel Market BoomAs of August 2024, the number of cryptocurrency millionaires worldwide has increased by 95% year-over-year, reaching 172,300 individuals. Notably, the number of individuals holding over $1 million in Bitcoin assets has grown by 103% to 85,400

Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!As of August 2024, the global number of cryptocurrency millionaires has surged by a remarkable 95% year-on-year, reaching 172,300 individuals. Among them, the number of individuals holding over $1 million in Bitcoin assets has witnessed a 103% increase, reaching 85,400

Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1

Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry

Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election OutcomeBitcoins weak trading pattern is likely to persist for another month as crypto traders await clarity on the Federal Reserves interest rate cuts and the upcoming presidential election. August was a rough month for crypto, with Bitcoin dropping 10