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Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin RallyBitcoins dominance in the cryptocurrency market is steadily rising, potentially dimming expectations of an altcoin season ahead of the US presidential election. According to the Bitcoin Dominance Index (BTC

Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2

Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?Ethereum has been facing a challenging period lately, with DeFi developers clashing with Vitalik Buterin, and numerous community members expressing their dissatisfaction with the ETH founder, urging him to leave his girlfriend and focus on driving prices up. However, amidst these challenges, Ethereum experienced a significant rebound fueled by the Federal Reserve's recent interest rate cut, surging from below $2400 to $2500, even briefly surpassing $2600, bringing joy to many holders

The price of Bitcoin has returned to $36000, but due to bearish deviations in the past three weeks, Bitcoin prices may further decline.Over the past 30 days, investors have sent over 34000 Bitcoins worth over $1

Source: Huobi HTXWhat major events have occurred in the global encryption market over the past 24 hours?Morgan Stanley expects the Federal Reserve to start cutting interest rates in June next year;Data: The crypto market has experienced net capital inflows for the first time in nearly 17 months;The US SEC has postponed its decision on the application for Hashdex spot Bitcoin ETFs and grayscale Ethereum futures ETFs;Musk: The Grok API access for the AI project xAI is already in the early testing stageMarket OverviewBitcoin (BTC)The violent rebound in the past 24 hours has continued to rise from $34362 in the morning to reach a maximum of $37964 this morning, and has since fallen slightly, with volatility amplifying to 9.57%

Ethereum (ETH) prices have reached a long-term upward support line that has existed for nearly 460 days.Although price trends show conflicting readings, RSI has generated bullish signals that may lead to a significant price increase

Ethereum Price PerformanceDue to parameter mismatch, Ethereum's highly anticipated Holesky test network will not be able to start as planned. Nevertheless, it will still become the largest testing network on the blockchain network

Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin