Bitcoin news today
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Bitcoin on Fire! China’s Stimulus Fuels $78K Target—Will It Break New Records?
- September 24, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Bitcoin is gearing up for a significant breakout, targeting $78,000 in the coming weeks. This bullish sentiment follows recent technical analysis and the People’s Bank of China’s (PBOC) new economic stimulus package. On September 24, the PBOC announced it would inject around $140 billion into the financial system by cutting the reserve requirement ratio (RRR)
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Massive Miner Sales—But Bitcoin Keeps Climbing! Will It Hit $70K Soon?
- September 22, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin (BTC) has seen steady performance recently, trading below $63,000, despite the crypto market facing mixed signals. BTC’s current 124% year-to-date (YTD) growth continues to position it as a leading asset, but factors such as early Bitcoin miner sales and growing anticipation around ETFs are influencing market sentiment. Miner Outflows Stay Neutral A recent wave
