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Cathie Wood, the famed "Wood" of Wall Street, Predicts Bitcoin Will Surpass $1 Million by 2030; Trump's Presidency Could Accelerate the Rise
Cathie Wood, the famed "Wood" of Wall Street, Predicts Bitcoin Will Surpass $1 Million by 2030; Trump's Presidency Could Accelerate the RiseDespite Bitcoin's recent significant price drop, falling below $100,000 due to the Federal Reserve's hawkish stance, optimism surrounding the cryptocurrency's long-term prospects remains. Cathie Wood, founder and CEO of Ark Invest, has reiterated her unwavering confidence in Bitcoin, boldly predicting its price will exceed $1 million by 2030...
Blockchain 2024-12-20 11:21:57 -
Bitcoin Price Plummets Below $98,000
Bitcoin Price Plummets Below $98,000On December 20th, the price of Bitcoin experienced a significant drop, breaking below the key psychological level of $98,000. As of 9:00 AM that day, Bitcoin was trading at $97,128, representing a 3...
Blockchain 2024-12-20 09:44:05 -
Bitcoin Plummets Below $97,000!
Bitcoin Plummets Below $97,000!On December 20th, Bitcoin prices continued their downward trend, breaking below the crucial support level of $97,000, with a 24-hour drop exceeding 3.6%...
Blockchain 2024-12-20 05:52:13 -
Bitcoin plunges below $100,000, settling near $99,500
Bitcoin plunges below $100,000, settling near $99,500Bitcoin's price continued its downward trend. As of 10:29 Beijing time, it fell below the $100,000 mark, trading at $98,760...
Blockchain 2024-12-20 00:00:38 -
Fed Rate Cut Triggers Bitcoin Plunge: Crypto Market Volatility and Future Outlook
Fed Rate Cut Triggers Bitcoin Plunge: Crypto Market Volatility and Future OutlookIn the early hours of December 19th, the Federal Reserve announced a 25-basis-point cut to its benchmark interest rate, hinting at a slower pace of future cuts. This triggered a significant drop in Bitcoin (BTC) price, plunging below $99,000 to a low of $98,744, representing a near 6% decline...
Blockchain 2024-12-19 22:10:57 -
The Federal Reserve's 25-Basis-Point Rate Cut: Impact on the Dollar, RMB, Gold, and Bitcoin A Deep Dive and Future Outlook
The Federal Reserve's 25-Basis-Point Rate Cut: Impact on the Dollar, RMB, Gold, and Bitcoin A Deep Dive and Future OutlookIn the early hours of December 19th (Beijing time), the Federal Open Market Committee (FOMC) of the Federal Reserve announced a 25-basis-point cut to the federal funds rate target range, bringing it to 4.25%4...
Blockchain 2024-12-19 19:16:36 -
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold Bitcoin
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold BitcoinFederal Reserve Chairman Jerome Powell recently stated unequivocally that the Fed has no intention of participating in any government-led "Bitcoin hoarding" scheme, citing the central bank's lack of authority to hold Bitcoin. This statement directly addresses former President Donald Trump's previous proposal to establish a "strategic Bitcoin reserve" upon his return to office...
Blockchain 2024-12-19 15:35:31 -
Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market Reaction
Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market ReactionIn the early hours of December 19th, Bitcoin experienced a sharp price drop, briefly falling below $100,000 per coin. This represented the largest single-day percentage decline since August, a stark contrast to the previous day's record high of over $108,000...
Blockchain 2024-12-19 12:51:36 -
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate Cut
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate CutAsia-Pacific stock markets experienced a broad decline in the morning of December 19th, with market sentiment remaining subdued. The Nikkei 225 index at one point fell by more than 1%, while the South Korean KOSPI experienced an even steeper drop, exceeding 1...
Blockchain 2024-12-19 12:35:00 -
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin Holdings
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin HoldingsIn the early hours of December 19th, Bitcoin experienced a sharp drop, briefly falling below $100,000 and marking its largest single-day decline since August. This dramatic volatility sent shockwaves through the cryptocurrency market...
Blockchain 2024-12-19 11:45:21 -
Bitcoin Price Breaks $100,000 Barrier!
Bitcoin Price Breaks $100,000 Barrier!Bitcoin experienced a strong rebound today, reaching a high of $101,000 per coin, representing a 0.79% intraday gain...
Blockchain 2024-12-19 11:23:47 -
Bitcoin Plunges Below $99,000, Experiencing Over 5% Intraday Drop
Bitcoin Plunges Below $99,000, Experiencing Over 5% Intraday DropOn December 19th, Bitcoin prices suffered a sharp decline, falling below the $99,000 mark and experiencing an intraday drop exceeding 5%. This significant plunge has drawn market attention, highlighting once again the inherent risk and volatility of the cryptocurrency market...
Blockchain 2024-12-19 10:22:47