BTC drops below 69,000 USDT

When the US dollar drops by 10%... will Bitcoin once again usher in a "bull market"?

If the Federal Reserve cuts interest rates early, the US dollar could decline by 10%, which would benefit digital assets like Bitcoin. Analysts believe that a weakening dollar is inversely correlated with Bitcoin prices, but caution is advised when analyzing investment risks and market changes.

Deleveraging Phase: Bitcoin Stabilizes at $70K After February’s Volatility Flush

On Feb. 10, bitcoin traded between $68,000 and $70,000, consolidating after a volatile start to the month. Finding a Local Bottom Bitcoin oscillated between $68,000 and $70,000 on Feb. 10, as the market took a breather from the extreme volatility that has characterized much of February so far.

Data: In the past 24 hours, the entire network has liquidated $227 million, with long positions liquidated at $156 million and short positions at $71.47 million.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours reached $227 million, with long positions liquidated at $156 million and short positions at $71.47 million. Among these, Bitcoin long positions were liquidated at $57.36 million, Bitcoin short positions at $28.94 million, Ethereum long positions at $49.03 million, and Ethereum short positions at $16.90 million.

Rare Bitcoin Signal Flashes: Could a 220% BTC Rally Follow?

Bitcoin has paused near recent highs, trading south of $69,000 as markets digest a period of consolidation after a volatile move that saw a dip to $60,000 followed by a rally to $72,000. Analysts note that price indicators have shifted into what some describe as a deep-value zone, prompting