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The $1735 level has been strongly resisted, and prices have been declining since then.If the price breaks through the resistance level of $1665, it may be tested again for $1735

Against the backdrop of rising US treasury bond bond yields, a stronger US dollar and geopolitical uncertainty, the world's leading cryptocurrency, Bitcoin (BTC), continues to face challenges in returning to the US $28000 level.However, according to a report by Reflexity, a digital asset research firm, despite these obstacles, Bitcoin remains the best-performing asset class in 2023, with an impressive year to date (YTD) return of 63

The volatility of Bitcoin (BTC) has become a hot topic of discussion in 2023. As its value reaches historical lows, investors have shown sensitivity changes to tokens known for their volatility outside the cryptocurrency circle

Analysts unanimously believe that although the cryptocurrency market has been plagued by poor liquidity, social sentiment can be a useful tool for tracking discussions around Ethereum's potential spot ETFs21Shares and ArkInvest jointly applied for Ethereum spot ETFs this month, which may have a profound impact on the US cryptocurrency market. Industry analysts quickly expressed their views on the broader impact

Members of the Ethereum community have long been concerned that Lido's dominant position is the root cause of network centralization, and many people take it for granted that Lido's continued accumulation of market share poses a systemic risk to Ethereum's consensus.Due to less than one-third of ETHs being pledged through Lido, this agreement violates the first of three key consensus thresholds, which may result in a worrying centralization vector as Lido can prevent Ethereum from finalizing without the need to hook up with other verification entities!Ultimately, Lido's market share may exceed 50%

Regarding the dynamics of the Bitcoin (BTC) market, cryptocurrency analyst and strategist Benjamin Cowen emphasized that the cryptocurrency market is currently experiencing one of the coldest periods in its market cycle. He believes that as risk appetite decreases, Bitcoin's market dominance will increase, while counterfeit coins in the market will be suppressed

Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2.30% in the past 24 hours to $27354 as of the time of publication

As tensions escalate in the Middle East, Bitcoin (BTC) prices fell from the resistance level of $28000 on Monday.As the global market began to react, the number of new Bitcoin addresses fell to a four month low on October 8th

The market volatility continues, with BTC prices dropping to $27200 and then rebounding to $27500. The recovery of prices did not benefit the counterfeit coins, as they continued to hit new lows due to similar trends that have been ongoing for a long time

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

A report from a trading company pointed out that the sharp rise in the interest rate of 10-year treasury bond bonds in the past 16 years may lead to the sell-off of the stock market, which will have an impact on the special currency market.With the rise of interest rates and the US dollar, as well as the decline of the stock market, the price of Bitcoin has dropped to $26500

BlockchainAnalysis company Santiment stated that due to an important factor, Bitcoin (BTC) may soon rise. This is a bold report from a popular analysis company!Bitcoin may reach $30000!This leading analysis platform claims that Bitcoin has received significant attention on two major cryptocurrency exchanges, which could lead to short-term consolidation and push Bitcoin above $30000