Tag: bitcoin drop

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Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst

October 9, 2024

After weeks of massive volatility, Bitcoin faces heightened risk after failing to break above a key resistance level of around $64,000. Following the Federal Reserve’s decision to cut interest rates, many investors and traders anticipated a full-blown rally throughout October. However, it appears that the expected surge may not materialize just yet. Top crypto analyst…
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Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246

October 2, 2024

On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel. Following the announcement, bitcoin dipped…
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