1. BTC Market TrendFrom October 21 to 23, the BTC spot price swung from $65,295.26 to $69,472.67, a 6.4% range. In the last three days, key statements from the Federal Reserve (Fed) and the European Central Bank (ECB) were as follows:1) On October 21, Fed’s Waller stated that if the economy aligns w

Tesla's Q3 2024 financial filings revealed a slight decline in automotive sales compared to Q2, while lease revenues saw a minor increase. The company reported over $25.18 billion in revenue for the quarter, down slightly from Q2’s $25.5 billion. However, net income surged to approximately $2.18 bil

Ethereum's price decline mirrored the broader crypto market sell-off, but its sustained weakness is attributed to network-specific factors.Source: www.cnbc.comFrom Oct. 20 to Oct. 23, Ether prices dropped 9.6%, following a sharp rejection at the $2,700 mark, wiping out the previous 10 days of gains.

Bitcoin Short-Term Holders See 98% Profit, Suggesting Possible Market PeakThe October 24 Copper Opening Bell report revealed that 98% of Bitcoin short-term holders are currently in profit, based on on-chain data. Historically, such high profit levels lead to increased selling pressure, suggesting a

In a recent interview with Bloomberg, SEC Chair Gary Gensler reaffirmed his stance on regulating cryptocurrencies, indicating no plans to change the agency's “regulation by enforcement” approach. Since taking charge of the SEC in 2021, Gensler has sent mixed messages regarding crypto regulation, but

Institutional Holdings Make Up About 20% of US Spot Bitcoin ETFsCryptoQuant CEO Ki Young Ju shared data on X revealing that institutional investors hold around 20% of US spot Bitcoin ETFs. Form 13F filings show asset management firms collectively own about 193,000 BTC.US Presidential Election Unlike

Bitcoin's imminent price recovery will be fueled by several distinctive factors.Source: decrypt.coBitcoin fell by 4.1% between October 21 and 22 after encountering resistance at $69,500. This correction erased the gains made in the previous week, prompting traders to wonder if the $67,000 level can

Despite record European inflows, Bitcoin has struggled to break above the $70,000 mark since July. European investors have set a new record by investing over $105 billion in U.S. spot Bitcoin exchange-traded funds (ETFs) year-to-date (YTD), marking an all-time high. This trend highlights growing glo

Bitcoin price experienced a sharp sell-off today, yet the BTC futures market shows no signs of fear.Source: www.liputan6.comOn October 21, Bitcoin's price dropped to $67,000, wiping out gains from the past three days. Some analysts suggest the correction was driven by investors cutting back on Bitco

Bitcoin Consolidates Near All-Time Highs with 320,000 Active Addresses EngagedIntoTheBlock reported on X that Bitcoin is consolidating near its historical highs, with over 320,000 active addresses in this price range. Of these, 220,000 addresses purchased at an average price of around $68,500, sugge