Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Markets
Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues
Bitcoin’s price is currently retesting its “Bull Market Support Band” trend indicator, where prices often rebounded from pullbacks during uptrends.
The Rise of Index Investing in Crypto
Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing, says Julien Vallet, CEO, Finst.
Crypto at a Pivotal Moment
The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant.
Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated
Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410k
Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election
Bitcoin price on 09 30 (CoinDesk)
Bitcoin Retail Activity Remains Low Despite Recent Rally
On-chain data shows minimal retail involvement in the current crypto rally, hinting at potential further price increases.