Category: Bitcoin
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Bitcoin Dips Below $50K as Global Market Crashes
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the Bitcoin price Bitcoin prices fell below $50,000 on Monday, hitting their lowest levels in more than six months amid a broad sell-off in the global market. broke down: #Bitcoin Drops below $50,000 pic.twitter.com/11og9GoSyi — Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 Bitcoin fell about 20% to around $49,000 before recovering…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Bitcoin spirals below $55k for first time since July 13
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The cryptocurrency market decided to decline sharply over the weekend, with Bitcoin falling below $60,000 for the first time since July 13. Observers have taken to X.com to blame the sharp drop on a combination of factors, including Israel’s readiness for potential attacks from Iran and Hezbollah, with warnings of…
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Bitcoin spirals below $55k for first time since July 13
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The cryptocurrency market decided to decline sharply over the weekend, with Bitcoin falling below $60,000 for the first time since July 13. Observers have taken to X.com to blame the sharp drop on a combination of factors, including Israel’s readiness for potential attacks from Iran and Hezbollah, with warnings of…
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Here’s Why The Bitcoin And Ethereum Price Crashed
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The cryptocurrency industry has recently seen a significant drop in its overall market value with prices falling sharply over the weekend. This drop was particularly noticeable BitcoinBitcoin, the leading cryptocurrency by market cap, fell below $60,000 on Saturday, August 3. Ethereum, the second-largest cryptocurrency, also suffered significant losses, falling below…
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Here’s Why The Bitcoin And Ethereum Price Crashed
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The cryptocurrency industry has recently seen a significant drop in its overall market value with prices falling sharply over the weekend. This drop was particularly noticeable BitcoinBitcoin, the leading cryptocurrency by market cap, fell below $60,000 on Saturday, August 3. Ethereum, the second-largest cryptocurrency, also suffered significant losses, falling below…
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Crypto Market Liquidations Top $197 Million As Bitcoin Price Plunges Below $60,000
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Bitcoin seems unable to break above the $60,000 price level as it continues to trade in uncertainty. On Saturday, August 3, the cryptocurrency saw another sharp decline, briefly falling below the $60,000 level. Although this drop only lasted a few minutes, it was very significant, especially since Bitcoin was trading…
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US Senate Moves Bitcoin Reserve Bill To Banking Committee
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At the recent Bitcoin conference in July, cryptocurrency advocate Senator Cynthia Lummis announced plans to introduce a bill that would allow the US government to adopt Bitcoin as a strategic reserve asset. Five days after Loomis’ announcement, there have been some encouraging developments with what could be the most significant…
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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
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Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
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Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
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The results of this survey on who owns Bitcoin will surprise you
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Demographically, you won’t be surprised to hear that most Bitcoin investors are young and male – but besides that, there’s a lot of diversity. A new report sheds light on who tends to own Bitcoin (BTC) in the United States. Nakamoto Project Inaugural study It reveals that investors tend to…
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Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate
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Over 2,200 letters to U.S. senators in just 48 hours asking for their support have given significant momentum to the proposed Bitcoin Strategic Reserve Act. This grassroots initiative is in line with Senator Cynthia Lummis’ recent Bitcoin bill, which seeks to create a distributed network of secure Bitcoin vaults managed…
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Bitcoin, Ethereum ETFs record joint outflows for first time
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Bitcoin and Ethereum ETFs in the US recorded combined outflows for the first time on August 2. Bitcoin ETFs See $237.4 Million Outflows The 11 U.S.-based Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows of $237.4 million at the end of trading on Friday, August 2. This is the largest…
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Bitcoin, Ethereum ETFs record joint outflows for first time
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Bitcoin and Ethereum ETFs in the US recorded combined outflows for the first time on August 2. Bitcoin ETFs See $237.4 Million Outflows The 11 U.S.-based Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows of $237.4 million at the end of trading on Friday, August 2. This is the largest…
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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2,200 letters flood Senate seeking support Bitcoin proposal
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Following pro-crypto Senator Cynthia Lummis’s plea to enact a Bitcoin Strategic Reserve bill at the end of July, US senators have now received more than 2,200 letters urging them to support the proposal. The bill aims to create a “decentralized network of secure bitcoin vaults” operated by the U.S. Treasury…
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Wondering When To Buy Bitcoin? Here Are The Levels To Watch
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Due to market fluctuations and Bitcoin (BTC) price fluctuationsDetermining the best times to buy a leading cryptocurrency can be tricky. With this in mind, a crypto analyst has identified key price levels that investors should watch. Potential purchase opportunities. Buying Levels to Watch for Bitcoin Price A crypto analyst identified…