Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance.
The rally comes amid market optimism driven by the Fed's rate cut, economic stimulus in China and sustained demand from institutional players in the US.
Hong Kong to align crypto derivatives reporting with global standards by 2025.
Despite breaking the $65,000 area this afternoon, Bitcoin still needs to hold its price above it to confirm the bullish sentiment.
Bitcoin movement in tandem with the M2 Index and on-chain data can be useful signs to assess market cycles, the report points out.
Analysts highlight the convergence of Bitcoin and altcoin momentum as a promising sign for broader market recovery.
Macroeconomic indicators prompt disconnected analysis from different analysts from the crypto industry over Bitcoin's future.
BlackRock exec Robbie Mitchnick believes that the long-term drivers of Bitcoin are significantly different from that of risk-on assets.
Despite a total of 26,528 ETH being unstaked, the seven-day APR for staked ETH rose to 3.17%, signaling increased Ethereum network activity and staking rewards.
