Bitcoin Slumps to Four-month Low
Bitcoin remains in the outtray this week, with the world’s largest cryptocurrency slumping another 3% to bring week-on-week performance to a bruising -10%.
Bitcoin Crashes to $53K, but Analysts Warn the Worst Isn't Over
Bitcoin crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February, and analysts fear the worst is yet to come.
Express News | Jefferies Financial Group's leader: Dollar Collapse Will Benefit Bitcoin Holders.
Express News | eToro Analyst: Market needs catalysts like Ethereum ETF and rate cuts in September to boost prices.
Express News | According to Rekt Capital, the longer the consolidation period of bitcoin after the halving, the better the current cycle will resynchronize with the traditional halving cycle.
Cryptos have suffered a major drop across the board, what happened? It may be related to Binance's actions.
Recently, virtual currencies, led by Bitcoin, have entered a relatively complex stage. Moments ago, virtual currencies fell across the board. The price of Bitcoin fell to around $60,000, while Ethereum struggled to rise and retreated to around $3,300.
Major news from US politics! Biden to decide on August 4 whether or not to run. Standard Chartered Bank predicts a bull market for bitcoin if he drops out.
On August 4th, Biden will decide whether to run for president. Standard Chartered Bank stated that if he chooses to withdraw from the presidential race, it will push for a new round of bull market for Bitcoin.
Rumors of Biden dropping out this weekend? The market is pricing in this possibility, with the return of "Trump trade".
The global market has begun to quickly adjust investment portfolios in preparation for the "Biden withdrawal" and the return of the "Trump trade", including a strong US dollar, steep US bond curve, as well as the rise of banks, medical and energy stocks.
Is the "real correction" coming? Bitcoin briefly fell below 60,000.
BlackRock analysts warn that an "unprecedented" situation is unfolding...
Express News | Bitcoin fell below $60,000 per coin for the first time since June 25th, dropping 3.08% during the day.
Looking back at history: bitcoin may reach a new high this year!
CCData released a report stating that Bitcoin has not yet reached the peak of its current appreciation cycle, as the period of price expansion after the halving event has not yet passed. In addition, the launch of more crypto spot ETFs, such as Ethereum ETF, will further boost demand for cryptos.
Bitcoin fell by 10% in the second quarter, and the "ETF frenzy" has subsided. Technology giants have already "run away".
Since reaching a historical high of $73,000 in March, bitcoin has been falling all the way. In the second quarter, the inflow of funds into bitcoin ETF fell by 80% month-on-month, reaching only $2.6 billion.
Will the launch of Ethereum spot ETF next week provide a boost for the long-dormant cryptos concept stocks?
According to Bloomberg, the hype around cryptocurrency ETFs has shifted from bitcoin to two tokens with relatively smaller market caps, ethereum and Solana.
USA's first presidential debate: Inflation become the focus! Will there be news of a popular crypto currency?
The analyst pointed out that if Biden makes a mistake or even worse performance during the debate, the negative impact on the market will be instant.
Late-night plunge! Bitcoin fell below the $60,000 mark, all because of these few reasons?
Cryptos market is once again in chaos, and these events may be the culprits behind it.
Like Nvidia, bitcoin suffered a devastating blow and dropped below $60,000, shrouded in the shadow of a $9 billion scandal.
Bankrupt cryptocurrency exchange Mt. Gox will repay customers with bitcoin after a decade. The addition of over $9 billion worth of bitcoin supply entering the market has caused concerns among investors about price decline.
Express News | Bitcoin ETF in the USA has had a continuous outflow for six days, and has fallen below $63,000.
Express News | Bitcoin fell to a one-month low and cryptocurrencies were widely sold off.
Bernstein boldly predicts that bitcoin will reach $1 million in the next 10 years.
The demand for spot bitcoin ETF continues to thrive, supported by limited supply and fueling Bernstein's extremely bullish call expectations.
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