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The flagship cryptocurrency Bitcoin shows some signs of resilience. After the recent sharp drop in prices, BTC has successfully rebounded from the bottom, currently trading at $26919, with a slight increase of 0

It is reported that the US Securities and Exchange Commission (SEC) has decided not to appeal the recent court ruling, which overturns the decision to prevent crypto asset management company Grayscale from converting its Bitcoin into an Exchange Traded Fund (ETF). According to reports, Bitcoin (BTC) prices briefly rose to over $27000 on Friday

The annualized financing interest rate in the Bitcoin market continues to rise, with a surge in open positions and a growing interest in Bitcoin Whales, indicating that traders' behavior is constantly changing.The annualized financing interest rate of Bitcoin has reached a two-month high, affecting trading activity and volatility

Bitcoin (BTC) prices briefly rebounded above $27000 on Friday, following reports that the US Securities and Exchange Commission (SEC) will not appeal a recent court ruling that overturned its decision to prevent crypto asset management company Grayscale from converting its Bitcoin trust into an exchange traded fund (ETF).According to Reuters, the SEC was supposed to appeal this legal loss before midnight on Friday, but ultimately decided not to appeal

The flagship cryptocurrency Bitcoin seems to show signs of resilience. After the recent sharp drop in prices, BTC has successfully rebounded from the bottom, trading at $26919 today, with a slight increase of 0

Renowned market investor and legendary figure Paul Tudor Jones expressed his view in a recent interview with CNBC that the escalation of tensions between Israel and Hamas may trigger a risk aversion, which in turn will drive up investments such as gold and Bitcoin. He also pointed out that due to the impact of this situation, there has not been a clear upward trend in the stock market

Bitcoin's current trading price is $26730, with a slight increase in the past 24 hours and a market value of $521.58 billion

For Bitcoin, this has been a quite pessimistic week, as the cryptocurrency has fallen by about 3% since the beginning of this week. Especially the price trend has made it difficult for Bitcoin to break through $27000, indicating the potential risk of further losses falling below this resistance level in the short term

Key points:Bitcoin's quarterly price performance is poor, at -11.5%, but its performance so far this year is still better than most asset classes;As of the time of writing this article, the purchasing power of the United States, which drove the rise of Bitcoin in the first half of the year, has completely weakened;Trading volume, liquidity, volatility, and search trends continue to decline;The discount of annual grayscale on net asset value has decreased from -48% to -16%;The proportion of long-term holders holding Bitcoin has reached a historic high of over 76%;Bitcoin's native valuation still shows that Bitcoin is at the lower limit of value;The active address slightly increases, while the transmission volume (adjusted by the entity) continues to decrease;After the strong performance of Bitcoin prices in the first half of the year, the performance of Bitcoin in the third quarter was lackluster, with a month on month decline of 11

Although several US banks released eye-catching financial reports on Friday, S& The P500 fell 0.5% in the end, while Nasdaq, which is mainly focused on technology stocks, fell 1

With the development of the Internet, cryptocurrencies have become increasingly popular, among which Dogcoin is a popular cryptocurrency. Despite some fluctuations in the price of dog coins, their dominant position in the market remains strong

To learn more about the coin circle, clickContinuously updatingIs the current market Xiongmo or Niuchu? Except for the top 8 cryptocurrencies in BTC and ETH rankings, which have attracted market attention, their trends often lead the development direction of the entire industryHot topics on October 13th;oneA giant whale deposits $11 million in assets on Aave and borrows $8.45 million in stable currency to repay debts and avoid liquidationtwoBelugaProtocol was attacked and the loss increased to 108