Tag: Cryptocurrency market analysis

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Bitcoin Weekly Loss Continues as Yen Strengthens Post BOJ Rate Hike

Bitcoin continued to face pressure this week as the Japanese yen gained strength in the foreign exchange market following the Bank of Japan's decision to raise interest rates and implement measures to tighten liquidity....
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Bitcoin Price Discovery: First Mover Americas Hits Record High

Bitcoin's price continues to climb, with attempts to break above $76,000 in the Asian and European markets. Currently, BTC is up by 1.7% in the last 24 hours, sitting just below its all-time high...
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Bitcoin Breakout: Institutional Demand and Rising ETP Flows Signal Growth

Bitcoin is on the verge of a breakout, with institutional demand and increasing ETP flows indicating a surge in interest in the cryptocurrency. According to VanEck's latest report, the growing investment from institutions, rising...
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PYUSD Market Cap Surges 150% After Solana Launch

PYUSD market cap has seen a significant increase of 150% after expanding to the Solana ecosystem, reaching a total value of $684 million according to DefiLlama data. It's interesting to note that PYUSD usage...
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Ethereum Dominates Crypto Investment Products with $176M Inflow

Ethereum continues to dominate the crypto investment products market, accounting for a significant 88% of the $176 million inflow in the past week, according to a report by CoinShares. This surge in investment comes...
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Bitcoin (BTC) Kimchi Premium Surges Amid Political Turmoil in South Korea

Bitcoin (BTC) Kimchi Premium Surges Amid Political Turmoil in South KoreaSouth Korea is currently facing a tumultuous political landscape, with significant implications for the country's economy and cryptocurrency market. The South Korean won recently...
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Bitcoin Return to $100K+: 6 Charts Explaining BTC ETFs and DOGE

Bitcoin is back above $100,000, and it's got investors feeling all kinds of ways. Some might be thinking, "Oh no, not again," remembering how prices dropped back in December-January. But hold up! Before you...
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Bitcoin (BTC) Analysis: Experts Advise ‘Buy in May and Go Away’ to Beat Summer...

Bitcoin is on a wild ride as it tops $107K and experts are saying it could reach record highs this summer. Analysts are pointing to a variety of factors, including regulatory support, increased ETF...
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Bitcoin, Dogecoin, Ether Price Forecast Before US-China Trade Talks

Bitcoin just hit over $104,000, making a comeback after two slow months. Dogecoin also saw a 10% surge, leading the charge among altcoins. This sudden spike in the crypto market is due to a...
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Ripple Token Surges 5% as Bitcoin Struggles at $84K

Summary: Ripple Token, XRP, experienced a 5% surge amidst a successful week for Ripple Labs, including obtaining a payments license in the UAE and progressing towards resolving its legal battle with the SEC. Meanwhile, SOL...