Coinbase 分析师表示，从历史上看，8 月份加密货币市场一直呈现持续下跌趋势。8 月份的季节性通常对加密货币不利，加密货币市场活动减少和主要代币价值暴跌。8 月份许多资产可能会出现流动性不足的情况，而 8 月份的季节性可能是原因之一。此外，预计比特币价格将在 61,000 美元至 70,000 美元之间。（TheBlock）

<div>Coinbase 分析师表示，从历史上看，8 月份加密货币市场一直呈现持续下跌趋势。8 月份的季节性通常对加密货币不利，加密货币市场活动减少和主要代币价值暴跌。8 月份许多资产可能会出现流动性不足的情况，而 8 月份的季节性可能是原因之一。此外，预计比特币价格将在 61,000 美元至 70,000 美元之间。（TheBlock）<br><br></div>

Coinbase：加密货币市场在 8 月份通常会面临季节性下行趋势

Coinbase analysts state that historically, the cryptocurrency market has consistently shown a downward trend in August. The seasonality of August is typically unfavorable for cryptocurrencies, with reduced cryptocurrency market activity and major token values plummeting. Many assets may experience liquidity issues in August, and the seasonality of August may be one of the reasons. Additionally, the Bitcoin price is expected to range between $61,000 and $70,000. (TheBlock)

<div>Coinbase analysts said that historically, the cryptocurrency market has been on a continuous downward trend in August. August seasonality is usually unfavorable for cryptocurrencies, with reduced cryptocurrency market activity and a plunge in the value of major tokens. Many assets may experience illiquidity in August, and August seasonality may be one of the reasons. In addition, Bitcoin prices are expected to be between $61,000 and $70,000. (TheBlock)<br><br></div>

Coinbase: The cryptocurrency market typically faces a seasonal downward trend in August.

According to a Bloomberg report, the US cryptocurrency exchange Coinbase announced its second quarter financial results after the market close on Thursday (1st). Total revenue reached $1.45 billion, slightly higher than analysts' expectations. After accounting for impairment losses on the value of cryptocurrencies held in its portfolio ($319 million, mostly unrealized losses), net income was approximately $36 million, with EPS of $0.14, compared to a loss in the same period last year.

Coinbase's second quarter subscription and service revenue reached nearly $600 million. The company stated in its shareholder letter that it is ...

Coinbase exchange's second-quarter revenue exceeded expectations, with the stock price rising approximately 3% after hours.

Investors are concerned that the US economy is slipping into a recession, and risk-averse sentiment is rising.
Written by: Bit Push News Mary Liu
On Thursday, the financial markets suffered a sell-off, with cryptocurrencies and US stocks plummeting significantly.
The number of initial jobless claims in the US rose to a one-year high, indicating that the labor market continues to cool down. Data from the US Department of Labor shows that in the week ending July 27, the number of initial jobless claims was 249,000, higher than the previous week's 235,000, reaching the highest level since August 2023.
Furthermore, the contraction in US manufacturing has...

Concerns about an economic recession have triggered a sell-off, with BTC plunging to $62,000 during the session.

Author: Nancy Lubale, CoinTelegraph; Translated by: Wu Zhu, Jinse Finance

Since the Bitcoin halving on April 20, the Bitcoin price has been consolidating in a wide range between $58,000 and $72,000. However, based on technical chart patterns and various indicators, the Bitcoin price may be about to break out. The remaining key question is, when will Bitcoin break out of the consolidation?

BTC/USD Daily Chart. Source: TradingView

Bitcoin price is expected to see a "September breakout"...