Russian Firms Adopt Bitcoin For Global Trade In Response To Western Sanctions: 'Should Be Expanded And Developed Further'
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Express News | The Russian finance minister stated that Russia is using Bitcoin in foreign trade.
Bitcoin ETF experienced over 1.5 billion USD outflow in four days! Yet this token is quietly accumulating strength.
① The price of Bitcoin dropped to $92,000 on Tuesday, but has since recovered to $98,000, showing extreme volatility; ② The Bitcoin ETF in the USA has recorded net Outflow for four consecutive days, with a total net Outflow of $1.52 billion; ③ Meanwhile, the Ethereum ETF has seen Inflow for two consecutive days, leading Analysts to predict that Ethereum may outperform Bitcoin in January next year.
Bitcoin is surging, but the more it rises, the more fear there is? Altcoin bull markets are focusing on these few doubling main lines!
Bitcoin skyrockets, the more it rises, the more fear? The altcoin bull market focuses on these few doubling main lines!
Most overseas markets are closed for Christmas, the dollar is weakening, Bitcoin has dropped by 0.7%, and Gold is stabilizing.
Among non-US currencies, the euro rose 0.11% against the US dollar to 1.0413. The British Pound weakened 2% against the US dollar to 1.2295. The US dollar fell more than 1% against the Japanese yen.
On January 17, did Bitcoin reach the peak of this market cycle?
Analysis indicates that based on the historical patterns of Bitcoin's price, it may reach a new peak of $146,000 per coin on January 17, 2025, just before Trump's inauguration on January 20. The analysis suggests that after Trump takes office, the related speculation surrounding Trump Trade will come to a halt.
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Trump's charisma is astonishing, as the USA regains its "dominance in Cryptos".
Dollar-denominated Bitcoin trades are more concentrated during the USA session, with the number of open interest contracts for CME's Bitcoin and Ethereum Futures reaching an all-time high!
Bitcoin has strongly rebounded, breaking all resistance, bidding farewell to the bear market and aiming above 100,000.
The Large Cap surged significantly in the early morning, breaking all minor pressures, indicating a temporary farewell to the downtrend and the arrival of the rebound phase.
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If history repeats itself, Bitcoin may reach a new high within a month!
① Data from the cryptocurrency research firm K33 shows that, based on historical cycles, Bitcoin may reach a new cycle high on January 17, 2025; ② K33 research director Vetle Lunde predicts that if history repeats itself, the price of Bitcoin could peak at 0.146 million dollars.
Can Bitcoin Reclaim $95,800 as Short-term Holders Take Profits?
'RIP Bitcoin Obituaries,' Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires
Trump single-handedly "turned the tide": the USA has regained its "Cryptos stronghold"!
① Trump was elected as the President of the USA again, shifting the focus of the Cryptos market back to the USA, expanding the global demand for digital Assets type Funds and Cryptos derivatives contracts. ② Trump supports Cryptos and plans to turn the USA into the "Global Crypto Capital", triggering a trading frenzy and driving global funds to the USA's Cryptos trading market.
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U.S. stocks closed | The "Santa Claus Rally" has arrived! The three major indices rose about 1%, with the Nasdaq returning to above 0.02 million points; Tesla surged over 7%, and Apple reached a new record Market Cap of 3.9 trillion.
European and American stock and bond markets closed early, with U.S. stocks collectively closing at their daily highs. NVIDIA and other large Technology stocks led the rally, Apple reached a new high again, Broadcom rose over 3%, Goldman Sachs and Morgan Stanley increased by more than 2%, the Chinese concept Index once rose over 1%, Baosheng Media Group surged by 310%, NIO and YUM CHINA rose more than 3%.
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