Hello everyone, this is Xiaoluo. Today we will talk about the important events of Bitcoin (BTC) stabilizing at 34000 and Ethereum (ETH) breaking through 1800
Hello everyone, this is Xiaoluo. Today we will talk about the important events of Bitcoin (BTC) stabilizing at 34000 and Ethereum (ETH) breaking through 1800.
Is Bitcoin (BTC) stable at 34000?
Recently, the trend of the virtual currency market has changed dramatically, and Bitcoin and Ethereum have staged a "comical carnival". Bitcoin has successfully secured a foothold of $34000, while Ethereum has jumped to the peak of $1800. Faced with such a joyful scene, it was like watching a wonderful circus performance, which made people couldn't help but laugh.
However, just as everyone was enjoying it, Bitcoin suddenly flipped over and dropped as low as $34062. However, it quickly adjusted its posture and pulled its center of gravity back to $34491. This magical wave makes us feel as if we have seen a circus lion dancing its graceful posture on the steel wire.
Meanwhile, according to CCData data, the total asset size (AUM) of digital products increased by 6.74% in October, marking the first monthly increase since July. For Bitcoin and Ethereum, this growth is undoubtedly a positive signal, and perhaps a bigger carnival is coming.
Ethereum (ETH) breaks through 1800?
Yesterday, for Ethereum, it was like a dancer dancing to the melody of BTC, sometimes fiercely swaying, and sometimes suddenly stopping. It was a crazy roller coaster ride.
The trend of Ethereum is similar to that of BTC, but the volatility has become more pronounced. At midnight, Ethereum bent down to $1777 and then stood up violently. The highest score in the evening was 1829 dollars, which is already quite a good result. However, at 1:00, it was reported at $1810 before the deadline, up 0.98%. This dancer successfully stood on the stage at level 1800. It's really amazing! The sudden drop in the pin, which was once as low as $1777, really made people's hearts beat faster.
However, due to its resilience, Ethereum was reported at $1810 before the deadline, rising by 0.98% in the past 24 hours, successfully reaching the 1800 level. In summary, last night's Ethereum gave us a stunning roller coaster ride
Bitcoin, are you ready to face these two challenges that stimulate your heartbeat? There are two major events that may bring unpredictable fluctuations this week.
Firstly, Uncle of the Federal Reserve has come up with a big move. He will announce the results of the currency meeting at 2 a.m. on Thursday, and the market benchmark interest rate will probably remain unchanged at the current level of 5.25% to 5.5%.
However, the second challenge may not be as cute anymore. On Friday evening, the US Ministry of Industry will release data on non farm employment and unemployment rates for October.
Alright, that's all for this episode. See you next time!
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