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Well-known U.S. host reveals 'insider information': Bitcoin's drop to $60,000 triggered a White House buy-in.
①Bitcoin experienced a significant sell-off last week, plummeting from $77,370 to $60,074, representing a 22% decline, which was linked to the sell-off in U.S. software stocks and the sharp drop in precious metals; ②A well-known American financial commentator recently revealed that the White House took advantage of the Bitcoin dip to $60,000 to buy the dip, though this information has yet to be confirmed; ③Bitcoin has rebounded above $70,000, but some analysts warn that the bear market is still ongoing.
Why is the cryptocurrency market declining? When will it bottom out? What factors could drive a recovery?
An in-depth analysis of the three core questions regarding the recent market correction.
Crypto Market Daily Movements | Cryptocurrency market rebounds from volatility, with Bitcoin rising above $70,000; 'Wall Street Oracle' Tom Lee: The cryptocurrency market may be forming a bottom, with Ethereum experiencing seven drawdowns of over 60% in t
Michael Saylor has once again posted Bitcoin Tracker information on the X platform. Based on previous experience, Strategy may disclose additional purchase data this week.
Crypto Market Mega Error: Bonus Unit Mistakenly Entered as Bitcoin, Exchange Distributes Over $40 Billion
① During an event on Friday evening this week, the South Korean cryptocurrency exchange Bithumb erroneously distributed 620,000 Bitcoins, causing significant volatility in the coin's price; ② The actual amount of Bitcoin distributed far exceeded the quantity held by the exchange; ③ South Korea's financial regulators have characterized this incident as a “serious case exposing the vulnerabilities and risks of virtual assets,” and have initiated on-site inspections of the exchange.
Crypto-linked Stocks Rebound as Bitcoin, Ether Rout Ease
Goldman Sachs Maintains Gemini Space Station(GEMI.US) With Hold Rating, Cuts Target Price to $7.5