US economic data stirs the market: gold, US stocks and Bitcoin triple shock
On Thursday (October 31), spot gold plunged $43.50, or 1.56%, after hitting an all-time high. The plunge revealed the fluctuations in investors' risk aversion sentiment.
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On Thursday (October 31), spot gold plunged $43.50, or 1.56%, after hitting an all-time high. The plunge revealed the fluctuations in investors' risk aversion sentiment.
WBTC, WBTC caused a huge shock. Golden Finance, BTC continued to recover slightly overnight to the 61-62k range.
Bitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
Bitcoin reserves on exchanges plummet to record lows, signaling potential supply shock. Investors withdrawing BTC from exchanges for holding, not selling. Prices near $70,000. Supply shock, fueled by decreasing exchange reserves and halving, could spur significant price surge.
Crypto market, the "life-saving guide" in the currency circle: trading strategies during bull market shocks Golden Finance, when the bull market enters shocks, the general trend will eventually come out.
Demand for ETF issuance and the upcoming halving will exacerbate the impact of demand shocks
Libertarian Javier Milei was elected President of Argentina, and he has introduced an economic shock therapy. He does not advocate for using Bitcoin as the legal tender in Argentina.
SEC chairman Gary Gensler supports Bitcoin ETFs that “provide significant investor protections.”
On-chain data shows the Bitcoin supply in profit has dropped to just 55% recently. Here's what historical trend suggests regarding ...
Starting Dec. 7, energy utility services in Iceland will no longer accept new electricity requests from bitcoin mining operations.