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BTC $58,791.19 -3.83%
ETH $1,531.69 -6.15%
BNB $554.19 -2.21%
XRP $1.01 -4.93%
SOL $68.64 +1.19%
TRX $0.3186 -2.43%
DOGE $0.0731 -3.82%
ADA $0.1422 -3.98%
BCH $192.10 -1.55%
LINK $7.10 -4.78%
HYPE $61.70 -1.93%
AAVE $86.75 +3.01%
SUI $0.6737 -3.31%
XLM $0.1726 -5.61%
ZEC $396.67 -4.21%
BTC $58,791.19 -3.83%
ETH $1,531.69 -6.15%
BNB $554.19 -2.21%
XRP $1.01 -4.93%
SOL $68.64 +1.19%
TRX $0.3186 -2.43%
DOGE $0.0731 -3.82%
ADA $0.1422 -3.98%
BCH $192.10 -1.55%
LINK $7.10 -4.78%
HYPE $61.70 -1.93%
AAVE $86.75 +3.01%
SUI $0.6737 -3.31%
XLM $0.1726 -5.61%
ZEC $396.67 -4.21%

Santiment: The recent drop in Bitcoin is a buying opportunity, with the narrative turning bullish

2024-10-11 12:50:06
Collection

ChainCatcher message, the cryptocurrency market research firm Santiment posted on social media that Bitcoin reached $58,900 early this morning, marking the lowest point in three weeks. However, market data shows that traders view this decline as a buying opportunity, with the narrative turning bullish. Additionally, the U.S. CPI data met expectations, and the market still anticipates a 25 basis point rate cut in November.

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