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$Bitcoin(BTC.CC$ sit back & enjoy the moon and galaxy and you might find the new galaxy
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Bitcoin will be happy with the PCE data! 🚀
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someone help me to explain to the reply guys why $Bitcoin(BTC.CC$ is dropping. waste of my breath to entertain traders who are only here to lose money
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Last Friday, US stocks rebounded as the University of Michigan's inflation expectations report eased concerns. $Nasdaq Composite Index(.IXIC.US$rose over 1%, and the semiconductor index surged nearly 2%, both hitting record highs. $Dow Jones Industrial Average(.DJI.US$slightly increased. For the week, $S&P 500 Index(.SPX.US$ barely rose, and the Nasdaq extended its gains for the fifth consecutive week. The Dow, however, ended its five-week winn...
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#加密金融致富之路 Cryptocurrency Is Not Going Away: The saying that cryptocurrencies are about to disappear is just a misconception that their price volatility will lead to the arrival of another “irrational boom period”. The CFTC Congress needs to take action to fill this void, especially on Bitcoin, which I think is clearly a commodity. The testimony also classifies Ethereum (ETH) as a “commodity” rather than a security, and states that BTC and ETH, the two largest tokens, account for 60% to 70% of the total cryptocurrency market capitalization, in particular requiring legislative oversight by Congress. https://www.blocktempo.com/cftc-chair-tells-lawmakers-crypto-not-go-away-calling-for-accelerated-legislation-for-regulation/
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The US stock market closed higher last Friday. Data released by the University of Michigan showed that short-term inflation expectations have declined somewhat, easing market concerns. The Nasdaq index rose more than 1%, and the chip stock index surged nearly 2%, all to new record highs, while the Dow Jones Industrial Average rose slightly. Despite this, the Dow recorded its biggest weekly decline since last year's banking crisis, ending a five-week streak of gains. Tesla rebounded more than 3% in this week's trading, and Nvidia reached a new high, with a weekly increase of 15%. Crypto-related stocks also showed strong performance, with Coinbase rising 8.6%, while GameStop surged more than 20% during after-hours trading.
Although the University of Michigan report shows that short-term inflation expectations have declined, consumer confidence remains at a six-month low. People's evaluations of durable goods purchases have dropped to a one-year low, and their evaluation of the current financial situation is also the worst in five months. The unemployment rate is expected to rise. This sluggish trend in consumer confidence is putting pressure on future consumer spending. Expectations that the Federal Reserve will cut interest rates within the next year have also declined.
In this environment, financial market volatility has intensified. Ten-year US Treasury yields declined after consumer inflation expectations were announced, while two-year Treasury yields fell from a two-week high, although the entire week recorded the biggest increase in six weeks. The US dollar index accelerated its decline during the week, although it still recorded its biggest weekly gain in a month and a half.
In the commodity market, crude oil prices rebounded after hitting a three-month low, but fell more than 2% throughout the week. The price of gold continues...
Although the University of Michigan report shows that short-term inflation expectations have declined, consumer confidence remains at a six-month low. People's evaluations of durable goods purchases have dropped to a one-year low, and their evaluation of the current financial situation is also the worst in five months. The unemployment rate is expected to rise. This sluggish trend in consumer confidence is putting pressure on future consumer spending. Expectations that the Federal Reserve will cut interest rates within the next year have also declined.
In this environment, financial market volatility has intensified. Ten-year US Treasury yields declined after consumer inflation expectations were announced, while two-year Treasury yields fell from a two-week high, although the entire week recorded the biggest increase in six weeks. The US dollar index accelerated its decline during the week, although it still recorded its biggest weekly gain in a month and a half.
In the commodity market, crude oil prices rebounded after hitting a three-month low, but fell more than 2% throughout the week. The price of gold continues...
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$Bitcoin(BTC.CC$ if confident with Long or shorting he/she wont comment too much on this
Normally lack of confidence will always comment on it every hour and everyday
Normally lack of confidence will always comment on it every hour and everyday
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