Tag: Bitcoin
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Bitcoin Prints a Bullish Hammer: Is It Better to Buy Now or Hold Off?
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Bitcoin—BTC, bounced back to $95,500 on Tuesday after falling below $90,000 the day before. The dramatic drop caused over $734 million in liquidations, shaking the confidence of many traders. A bullish hammer on the chart signals potential recovery, but the risk of further volatility remains. With major macroeconomic events ahead, the market could face more…
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Market Dynamics Are Affected by Trump’s Tariff Plans
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In a bold move, President Donald Trump is considering declaring a national economic emergency to roll out a comprehensive tariff regime targeting both allies and adversaries. This initiative, potentially enacted under the International Economic Emergency Powers Act (IEEPA), seeks to alter global trade dynamics significantly. What Motivates Trump’s Tariff Approach? Reports indicate that Trump’s intention…
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XRP Price Forms ‘Cup-and-Handle’ Pattern, Signalling Potential 25% Gains
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Technical Chart Suggests a Bullish Breakout Toward $3.40 XRP’s latest market movement has formed a classic cup-and-handle pattern on its four-hour price chart, a bullish indicator that could drive the price above $3.00. As exchange outflows increase, reducing selling pressure, traders anticipate a sustained recovery in XRP’s value. Exchange Outflows Strengthen Bullish Sentiment The XRP/USD…
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Crypto Today’s Top News – Token Headline
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Libra Token Crashes After $107M Insider Rug Pull A cryptocurrency linked to Argentine President Javier Milei has collapsed following an alleged insider rug pull, wiping out 94% of its value within hours. Libra (LIBRA) initially surged to a market capitalisation of $4.56 billion on 14 February before plummeting to $257 million just 11 hours later.…
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Crypto market capitalization reaches a critical, indicating a potential 8000x surge for Floki’s opponent.
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The cryptocurrency market is buzzing with excitement as the total market cap breaks a critical resistance level, signaling a potential surge in altcoin investments. While established projects continue to attract attention, one standout competitor to Floki is gaining momentum – Lightchain AI. With its presale raising $10.6 million and a unique focus on innovation, Lightchain…
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Bitcoin Falls Below $95K as US Inflation Exceeds Expectations
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Bitcoin and the wider cryptocurrency market turned red on 12 February as new US inflation data came in higher than anticipated, raising concerns over macroeconomic pressures on digital assets. Bitcoin Reacts to Inflation Data Bitcoin (BTC) briefly dropped below $95,000 after the release of the US Consumer Price Index (CPI) report, which showed annual inflation…
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Bitcoin Slumps Below $95K as Hot U.S. Inflation Data Shocks Markets
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Bitcoin (BTC) plunged below $95,000 after fresh U.S. inflation data revealed prices rising faster than anticipated in January. The unexpected surge in the Consumer Price Index (CPI) sent shockwaves through financial markets, dimming hopes of early interest rate cuts by the Federal Reserve. CPI Numbers Exceed Forecasts The latest CPI report showed a 0.5% month-on-month…
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Bitcoin Price Prediction: Is a Massive $150K Rally Just Around the Corner?
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In the last 24 hours, the Bitcoin market has seen a growth of 2.1%. Renowned crypto analyst James Check states that there is a lot of resemblance between the price action of the current cycle and that of the 2016 to 2017 cycle. Moreover, he predicts that the market could reach a top of $150,000…
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USDC Market Cap Surges to $56.3 Billion, Rebounding from Bear Market Losses
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Stablecoin Market Sees Significant Growth Circle’s USD Coin (USDC) has reached a market capitalisation of $56.3 billion, fully recovering from the losses incurred during the recent bear market. According to CoinGecko data, this milestone was achieved on 10 February, marking a substantial increase from its lowest valuation of $24.1 billion in November 2023. USDC’s market…