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Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62 9k on renewed global rate cut optimism

Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62 9k on renewed global rate cut optimism
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Bitcoin jumps above $64,000 on Fed rate cut hopes; Toncoin, Polkadot climb up to 7%

Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.

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Cryptocurrency Price on May 3: Bitcoin rebounds above $59,000 ahead of U S jobs data; Solana, Toncoin jump up to 11%

Ahead of the U.S. nonfarm payrolls data later in the day, major cryptocurrencies rallied on Friday, recovering from recent declines. Concurrently, the global cryptocurrency market cap surged 3.1% to approximately $2.22 trillion over the last 24 hours.

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Cryptocurrency Price on April 25: Bitcoin drops below $65 3K; Solana, Avalanche tumble up to 9%

CoinDCX Research Team said, "The crypto market faced a downturn due to renewed conflict in the Middle East and worries about China s economic health, affecting investor confidence. Additionally, slowed ETF inflows contributed to the negative sentiment."

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Cryptocurrency Price on April 23: Bitcoin rises above $66 6k; Dogecoin, Toncoin decline up to 8%

The global cryptocurrency market cap surged marginally by 0.28% to around $2.45 trillion in the last 24 hours.

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