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Bitcoin successfully broke through the $66,000 mark last night, driving the entire crypto market up. Ethereum once reached $2,728, performing stronger than Bitcoin. As September draws to a close, the crypto market is increasingly likely to break the September decline curse.

The cryptocurrency market continues its upward trend, and it is increasingly likely to break the curse of the market's decline in September. Bitcoin successfully broke through the $66,000 mark at around 22:00 last night (27), reaching a high of $66,498, the highest price in nearly two weeks.

It fell back before writing, temporarily reporting at $65,905.57, up 1.2% in the past 24 hours and 11.5% in the past month.图片

Compared with the performance of Bitcoin, Ethereum appears to be stronger. It broke through $2,700 in the early morning today, reaching a high of $2,728.6. Currently, the buying has weakened. At the time of writing, it was reported at $2,694.19, up 2.47% in the past 24 hours.

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The top ten currencies are rising

In this context, Coingecko data shows that the other top ten tokens have jumped across the board in the past 24 hours:

  • BNB once reached $614.7, up 0.9% and now trades at $606.76;

  • SOL once hit $161.01, up 2.3%, and is now trading at $158.42;

  • DOGE once hit $0.1277, up 5.7%, and is now trading at $0.1245;

  • TON once reached $6.11, up 4.3% and now trades at $6.01;

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The entire network has a liquidation of 120 million US dollars in the past 24 hours

Coinglass data shows that in the past 24 hours, the total cryptocurrency contract liquidation volume reached US$120 million, with short positions of US$81.85 million accounting for the majority, and a total of more than 56,000 people were liquidated.

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ARKB net inflow hits new high

As Bitcoin broke through $66,000, Bitcoin spot ETFs have seen net inflows for six consecutive days. According to Farsidein Vestors data, ARKB, an Ark investment, saw a net inflow of $203 million yesterday, setting a new record for the ETF; Fidelity's FBTC saw a net inflow of $123.6 million. While BlackRock IBIT has not yet released data, the U.S. Bitcoin spot ETF saw a net inflow of $383.6 million yesterday.

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Dow Jones hits new high

As for the U.S. stock market, the four major indexes rose and fell, among which the Dow Jones Index hit a new high:


  • The Dow Jones Industrial Average rose 137.89 points, or 0.33%, to close at 42,313, setting a new record high.

  • The Nasdaq Composite Index fell 70.7 points, or -0.39%, to 18,119.59.

  • The S&P 500 index fell 7.2 points, or -0.13%, to 5738.17

  • The Philadelphia Semiconductor Index fell 93.275 points, or -1.76%, to close at 5217.227 points

It is worth mentioning that according to IntoTheBlock data, the correlation between Bitcoin and US stocks reached its highest level in two years this week, which is second only to the peak in the second quarter of 2022.

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