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Does Bitcoin have real value? Is it digital gold or a speculative asset?

Since its inception, Bitcoin has been surrounded by controversy. Some believe it is digital gold, some think it has no practical value, and others believe it will become an important part of the financial system of the future.

I believe Bitcoin’s value mainly comes from three aspects.

First, scarcity. Bitcoin’s total supply is capped at 21 million coins, and this fixed supply mechanism gives it characteristics that distinguish it from traditional fiat currencies. Against the backdrop of ongoing changes in the global mo
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Look at the K-line chart
Who resigned?
Was it Jensen Huang or Satoshi Nakamoto?
Why Does Bitcoin’s Decline Drag Down the Entire Crypto Market?

Many investors have a question: Why do Ethereum, SOL, and a large number of altcoins often fall along with Bitcoin when it declines, sometimes dropping much more sharply than Bitcoin?

There are four main reasons behind this.

First, Bitcoin is the core asset of the crypto market. It has the largest market size and significant institutional participation, and serves as an important gauge of market risk appetite. When Bitcoin continues to fall, investors typically reduce their exposure to risk across their entire crypto portfolio.
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🏆 Gate Live Rising Streamers Ranking Vol.05
Congratulations to the following streamers for making the list with their high-quality content and growing popularity!
Each featured streamer will also receive 100 USDT Position Voucher

⭐ crypto_kitty
Insightful Analysis of Market Trends
https://www.gate.com/profile/crypto_kitty

⭐ InfinixaCrypto
BTC Market Analysis and Price Outlook
https://www.gate.com/profile/InfinixaCrypto

⭐ Moon_Angel
Bringing fresh perspectives on Bitcoin, altcoins, and the ever-changing crypto landscape.
https://www.gate.com/profile/Moon_Angel

⭐ TahaCryptoTrader
Breakin
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Subscribe to Anthropic, earn trial funds, and win more rewards through post-listing trading

The Anthropic (ANT) IPO subscription channel is now open! Complete a valid subscription through Gate IPO Access and meet the threshold based on your final subscription amount to receive up to 1,000 USDT worth of ANT stock trading trial funds. Even if you are not ultimately allocated shares, eligible valid subscriptions can still participate in the rewards.

More benefits are available beyond subscribing:
Post-listing trading benefits: ANT is scheduled to begin trading on November 19. Take part in desig
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#DrHanOxfordUnionSpeech: Why the Future of Money Deserves a Global Conversation

A common myth is that cryptocurrency is only about buying coins, selling tokens, and hoping their prices increase. The reality is much bigger. Digital assets are changing how people think about money, payments, ownership, and access to financial services.

This is why conversations about the future of finance should not be limited to technology companies or crypto communities. They deserve attention from universities, financial institutions, policymakers, businesses, and ordinary people.

Dr. Han Lin's appearance
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ON Short Alert 🤯 I'm getting ready to short ON here 👇 Entry price: 0.0840 Stop-loss: 0.0877 Take-profit 1: 0.0822 Take-profit 2: 0.0793 Take-profit 3: 0.0765 Click here to trade 👇⬇️⬇️ Short with me...👇⬇️ $ON
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📉 BTC is down more than 4% in 24 hours. Can it hold the 70K level?

A few days ago, BTC was still battling for 80K. Now it has fallen below $71,000, and market sentiment has cooled again.

This time, it’s not just short-term leveraged liquidations. 👀

💰 ETF outflows continue, testing the spot market’s ability to absorb selling pressure

📊 CPI came in above expectations, making the market more cautious about the Fed’s interest rate policy

📉 The 70K round-number level is approaching, and bulls and bears are divided again

Some believe the consecutive declines have already released some ris
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GateSquare
📉 BTC is down more than 4% in 24 hours. Can it hold the 70K level?
A few days ago, BTC was still battling for 80K. Now it has fallen below $71,000, and market sentiment has cooled again.
This time, it’s not just short-term leveraged liquidations. 👀
💰 ETF outflows continue, testing the spot market’s ability to absorb selling pressure
📊 CPI came in above expectations, making the market more cautious about the Fed’s interest rate policy
📉 The 70K round-number level is approaching, and bulls and bears are divided again
Some believe the consecutive declines have already released some risk, and a rebound may emerge around 70K; others worry that funds have yet to return and the market may continue to fall.
Is this downturn short-term panic, or is the market still searching for a true bottom?
💬 If it were you, would you look for opportunities in stages around 70K, or wait for BTC to reclaim 73K before acting?
Come to Gate Square with #BTC跌4% to share your market outlook, actual trades, or trading review.
This time, are you ready to buy the dip, reduce your position, or keep waiting?
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BTC crashed below $70,000,

Currently around $69,000. The next support is around $67,000, where the 200-day moving average is,

I only look at the general levels,

Hope it holds.
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market update
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Less than half a day after Jensen Huang resigned as CEO of Nvidia, AMD posted congratulations to its own CEO, Lisa Su, on being named CEO of the Year.
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I'll share all the levels I can see below BTC ↓
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BTC/USDT charts show a pronounced downtrend across multiple timeframes, indicating that a definitive bottom has not yet been established. Here is a technical breakdown of the current market structure.

1 Hour Chart Analysis
The 1H chart shows the price breaking below the lower Bollinger Band, currently trading near 69,126. The Bollinger Bands are expanding downward. The MACD is in negative territory with the DIF line below the DEA line, and the histogram is expanding downwards. The OBV indicator is trending sharply lower, indicating strong selling pressure. The immediate resistance on this tim
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BTC eth prediction
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Those still telling you to go long? Unfollow them immediately!

When everyone online was calling for a reversal and saying the bull market would soon return, what did Tong-ge say? Heavy bearish pressure on the higher timeframes; any rebound is just a paper tiger!
Now, as one big red candle after another comes crashing down, those people are still stubbornly telling you to go long.
Do you want to listen to them and stand guard at the top forever?

Look at the traders who followed Tong-ge and went short—they made a killing riding this move down!
The trend is right here in front of you. Refusing
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In this downturn, the market maker spent over 8 billion and sold more than 110,000 BTC.

The market maker must be loaded. He's crazy—there's about to be a massive crash, and he's still buying this much. Has he lost his mind? Does he have so much money he has nowhere else to lose it?

Anyway, my trading strategy is to follow the market. I’m in. Let me be the one to lose money; I can handle my own losses.

What I share and the trades I make do not constitute investment advice. Do your own research and bear your own risk.
‍$BTC
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Why can the US dollar influence global financial markets? What does a stronger dollar mean for Bitcoin, gold, and US stocks?

Many investors have noticed that when the US Dollar Index continues to strengthen, global financial markets often come under varying degrees of pressure. Bitcoin falls, gold comes under pressure, and volatility in US stocks increases. What is the logic behind this?

First, the US dollar is the world’s most important reserve and settlement currency. A large share of international trade, commodity transactions, and cross-border financing is closely tied to the dollar. Whe
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The most unusual detail in today’s market is that $AAVE has fallen to around the lower Bollinger Band at 110.771, while the MACD histogram remains bullish at +0.02827—the price is making new lows, but the momentum indicator is refusing to weaken in tandem. This is a classic early sign of a bottoming divergence, though the moving-average structure has yet to confirm it. MA5=112.598 is below MA20=113.507, with short- and medium-term moving averages still in a bearish alignment. RSI=26.0 has entered oversold territory, indicating that selling pressure has been substantially released. The funding
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#GateGlobalComplianceExpansion

Gate Global Compliance Expansion and Its Growing Importance in the Digital Asset Industry

The global cryptocurrency industry is entering a new phase in which regulatory compliance, operational transparency, and institutional accountability are becoming essential components of long-term growth. Gate Global Compliance Expansion represents an important development in this changing environment, highlighting the increasing importance of building a cryptocurrency ecosystem that can operate across different jurisdictions while respecting local regulatory requirements
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