As US Bitcoin ETF experience outflows amid bearish recent BTC price action, crypto whales have been aggressively buying the dip, although investors have also been piling into an exciting new meme coin called Pepe Unchained (PEPU).
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Category: Bitcoin
Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears
A long-awaited interest rate cut by the United States Federal Reserve could have an unexpected impact on Bitcoin, potentially driving its price down, according to Bitfinex analysts.
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Bitcoin Price Drops Under $57K as Nvidia and S&P 500 See Decline
Bitcoin fell 4.7% on Wednesday, dropping below $57,000, triggered by economic uncertainty in the US and a sell-off in tech stocks led by Nvidia.
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77% of Polymarket Traders Expect 25 Basis Point Cut in Federal Reserve’s FOMC Meeting
The majority of traders on Polymarket are betting on a reduction in the federal funds rate as the FOMC meeting, scheduled for September 17-18, approaches.
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Top Crypto Performers Today September 3 – MANTRA, BSV, dogwifhat
As risk assets begin Tuesday on the defensive and major cryptos give back a decent portion of Monday’s gains, traders are scouring altcoins markets for top crypto performers today that might be able to shield them from downside.
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Bitcoin on Track for $110K? Analysts Forecast a Q4 2024 Surge
Based on historical and technical patterns, a $110K Bitcoin remains a possibility. However, some analysts express concerns about a potential retracement to $40K beforehand.
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Bitcoin Price: $60B Crypto ETF Surge Boosts BTC Outlook Amid Fed Policy Shift
As Bitcoin ETFs dominate 2024’s market, surpassing $60 billion in assets, the surge could drive BTC prices higher amid anticipated Fed policy changes.
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Bitcoin Price In A Standstill: Is An Upward Trend Coming Next Week?
As Bitcoin hovers around $59,039, traders eye the critical $59,420 resistance level. Will next week bring a breakout or deeper decline?
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Bitcoin Price ‘Near a Bottom’ as Hash Price Lows Echo Pre-2021 Bull Run Patterns
Bitcoin hash price, when compared to BTC price action, seems to be pointing toward a Bitcoin bottom as it mirrors the conditions that preceded the 2020 breakout to new all-time highs.
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Top Crypto Performers Today August 30 – KEROSENE, ZANO, YFII
Softer-than-expected US Core PCE inflation data has failed to lift the mood in crypto markets on Monday, even though it bolsters the case for a series of Fed interest rate cuts beginning in just a few weeks, with very few top crypto performers of note.
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