Tag: Market trends

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Bitcoin Decouples from US Stocks Amid Supply Challenges

Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...
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Crypto Chaos: CoinDesk Review of a Turbulent Week

This week, bitcoin been climbin' steady-like to reach almost $100K, with hopes fer a China-U.S. trade deal and better macroeconomic conditions on the horizon. Mastercard and BlackRock, big institutions, made some important announcements 'bout...
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SUI Index Performance Update: 5.9% Drop in CoinDesk 20

So, like, the CoinDesk Indices just dropped their daily market update, and it looks like things are a bit rocky for some of the assets in the CoinDesk 20 Index. The index is currently...
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Cryptocurrency Market Update: Dogecoin and Ripple Plummet 10%

The cryptocurrency market has been on a rollercoaster ride lately, with Dogecoin and Ripple taking a significant hit. In the past 24 hours, DOGE and Cardano’s ADA saw a drop of nearly 10%, while...
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Stock Market Correction: S&P 500 and Nasdaq Trends

As the world grapples with the aftermath of the recent stock market correction, a stark contrast emerges between the performance of traditional equities and the ever-volatile cryptocurrency market. Since President Trump's election victory in...
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Bitcoin Price Plunges Below $97K Amid Failed Rally

Bitcoin Price Dips Below $97K Amid Market Volatility In the ever-fluctuating world of cryptocurrency, Bitcoin recently experienced a significant drop in price, falling below the $97,000 mark. This sudden decline followed a brief rally, adding...
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Bitcoin Funding Rates Soaring: Signs of a Bullish and Leveraged Market

Bitcoin funding rates are on the rise, indicating a bullish and leveraged market. This surge in funding rates suggests that traders are increasingly interested in longing Bitcoin, which could potentially drive the price higher...
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Eliza AI Tokens: Frenzied Trading Trends and Analysis

Artificial Intelligence (AI) is gaining popularity in the world of cryptocurrency, with the latest project called "ai16z" creating a buzz in the market. The project introduced a new token named ELIZA, which was intended...
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Bitcoin futures see all-time high surge in Open Interest (OI) by 29% in November

Bitcoin futures experienced a significant surge in Open Interest (OI) in November, reaching an all-time high increase of 29%. This surge indicates a growing interest in Bitcoin futures trading among investors. Open Interest refers...
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Bitcoin ETF Investors Profit-Taking Breaks 6-Day Win Streak with $400M Outflow, BlackRock Holds Inflow

Bitcoin ETF investors have decided to cash in on their profits as a six-day winning streak comes to an end, resulting in a significant $400 million outflow across various ETFs on Nov. 14. However,...