November 4th: Bitcoin (BTC) rebounded slightly, while counterfeit coins rebounded strongly

Bitcoin rebounded slightly after a pullback, as the US employment report for October was weaker than expected, sparking hope for the Federal Reserve to complete its tightening actions.Bitcoin and Shanzhai CoinBitcoin is gradually recovering after a pullback

Bitcoin rebounded slightly after a pullback, as the US employment report for October was weaker than expected, sparking hope for the Federal Reserve to complete its tightening actions.

Bitcoin and Shanzhai Coin

Bitcoin is gradually recovering after a pullback. However, the market continued to decline for two consecutive days, falling below the $35000 mark.

The October employment report in the United States was weaker than expected, enhancing hopes that the Federal Reserve will complete interest rate hikes at least this year.

Bitcoin has responded positively to this news, rising from a region close to $34000 to the current level of around $34750.


The counterfeit currency market is full of green, and many projects have achieved double-digit growth.

THORChain (RUNE) was the best performing token of the day, with an increase of over 20%. From a weekly perspective, the price of RUNE has increased by nearly 40%.

Projects such as OasisNetwork (ROSE), Neo (NEO), Immutable (IMX), LidoDAO (LDO), Arbitrum (ARB), TheGraph (GRT), etc. have profits exceeding 10% within 24 hours.

The other counterfeit coins in the top 100 include TrustWalletToken (TWT), dYdX (ETHDYDX), Optimism (OP), GMX (GMX), Chainlink (LINK), Conflux (CFX), Stacks (STX), CurveDAOToken (CRV), Render (RNDR), Nexo (NEXO), Mina (MINA), Synthetix (SNX), Aptos (APT)... which have increased by 5-8%.

After yesterday's adjustment, Ethereum (ETH) has successfully recaptured the $1800 region, with an increase of over 2.5% on the same day.

(Personal opinions do not constitute suggestions)

In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry.

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