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A cryptocurrency analyst revealed to the cryptocurrency community on X that XRP may experience a surge within "T-9 days", suggesting a possible bull market. XRP has created a series of higher lows and higher highs within the weekly time frame

The cryptocurrency market is showing a strong upward trend, especially Bitcoin, which has risen nearly 27% this month, setting the largest monthly increase since January. In addition, the performance of various alternative cryptocurrencies such as Dog Coin (DOGE), Chaigou (SHIB), and Pepe (PEPE) also reflects the upward trend of market breadth indicators, which evaluate the increase and decrease of digital assets

In October, Bitcoin surged 30% to $34465, laying the foundation for a potentially interesting November. Historical data suggests that this month's leading cryptocurrencies may have exciting prospects

This analysis suggests that as BTC prices drop to the weekly and monthly candle closing prices, Bitcoin has "ample momentum" to reach $40000.Bitcoin range faces weekly and monthly closingAccording to TradedView data, Bitcoin/USD has remained stable, maintaining the weekly gains

The 10-year US treasury bond has reached the highest level since 2007, exceeding 4.9%, which has shaken the risk assets such as stocks and cryptocurrencies

It has been proven that mining companies and other companies related to Bitcoin are better than real Bitcoin.Although the value of Bitcoin has almost doubled since the beginning of this year, one of its close neighbors in the investment field has proven to be a more profitable buyer: mining companies

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

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

Ethereum prices decreased by 8.2% between October 2nd and October 9th

Ethereum prices decreased by 8.2% between October 2nd and October 9th

Bitcoin has recently shown a strong upward trend, repeatedly attempting to break through the resistance range between 28000 and 28500. Compared to this, Ethereum's performance is relatively weak, with only one attempt to break through the resistance level of 1750

Bitcoin rose in September, while many traditional assets suffered significant losses, highlighting the diversified nature of cryptocurrencies. The pressure on the global market seems to be due to rising government bond yields and rising oil prices