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Analysis: With multiple macro catalysts stacking up, Bitcoin could reach $116,000 in July.

8 hours ago

On July 3rd, according to Markus Thielen, the director of 10x Research, as the ideal confluence of macro catalysts begins to take shape, Bitcoin is currently testing the upper limit of its consolidation range. He pointed out that under the influence of three factors: significant inflows into a spot Bitcoin ETF, uncertainty from the Federal Reserve, and a rapid decline in Bitcoin supply on cryptocurrency exchanges, Bitcoin may reach $116,000 in July. Historically, such a sustained outflow of funds indicates increased scarcity and upward pressure. If this trend persists, Bitcoin may be laying the groundwork for another breakout.
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NVIDIA's Market Cap Surpasses $3.92 Trillion, Poised to Become the Company with the Highest Market Cap in History

On July 3rd, Nvidia (NVDA.O) achieved a market value exceeding $3.92 trillion and was on the verge of becoming the most valuable company in history. (Golden Ten)

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Sentora: 99% of BTC Holders Currently in Profit

On July 3rd, Sentora (formerly known as IntoTheBlock) released an article indicating that as the Bitcoin price was gradually approaching its all-time high, currently 99% of holders were in a profitable state.

3 minutes ago

DWF Partner: Bitcoin and Crypto-Related Stocks Poised to Reach New Heights, Some Altcoins to Follow Suit

On July 3rd, Andrei Grachev, the managing partner of DWF Labs, tweeted that the "Beautiful Law" had been approved. Along with the fourth-quarter seasonal market activities and potential interest rate cuts, all these factors would drive Bitcoin and cryptocurrency-related stocks to new heights. The altcoin market might partially follow the upward trend, but most mid-cap coins were expected to underperform Bitcoin, presenting another opportunity.

3 minutes ago

Suspected Matrixport Associated Address Withdraws 40,734 ETH in the Last 24 Hours

On July 3rd, as per the monitoring of LookOnChain, a wallet likely related to Matrixport has made a withdrawal of 40,734 ETH (valued at approximately $104 million) from Binance and OKX within the past 24 hours.

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US Stock Cryptocurrency Concept Stocks Soar, BMNR Up 17.66%

On July 3rd, when the US stock market opened, cryptocurrency concept stocks witnessed a general increase. These included: Bitmine Immersion (BMNR), which rose by 17.66% to $68.9; Canaan (CAN), with a rise of 6.95% to $0.692; Circle (CRCL), increasing by 6.4% to $189.45; SharpLink Gaming (SBET), which rose by 5.02% to $12.61.

3 minutes ago

Bitcoin Surges Above $110,000 Briefly

On July 3rd, according to HTX market data, Bitcoin briefly rose above $110,000, achieving a 24-hour gain of 2.05%.

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