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Ethereum (ETH) prices fell 10% in less than two weeks after failing to break through the psychological level of $1700. Despite the downward trend in prices, due to bullish divergence, the decline of ETH may be limited and is expected to rise by 5% to $1600

In the current bear market atmosphere, Ethereum and Bitcoin are struggling together, but this has not stopped people from making bullish predictions about digital assets.The recent bullish forecast comes from British multinational bank Standard Chartered Bank, which believes that Ethereum prices may climb to a higher level of $8000

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

What is Dog Coin (DOGE):Dogcoin, also known as "Dogecoin", is an open-source peer-to-peer cryptocurrency based on the Scrypt algorithm and is the second largest virtual currency in the world after Bitcoin in terms of user count.It was born on December 8, 2013, and its name comes from its icon being a firewood dog

CryptoCon, a cryptocurrency analyst, predicts that based on the previous halving situation, Bitcoin (BTC) should break through the sideways trend around November.Their paper suggests that Bitcoin has already risen before the previous halving, indicating lucrative investment opportunities before the end of 2024

along withWith the cryptocurrency market facing a surge in selling pressure, XRP prices continue to consolidate sideways in a relatively short period of time. Although key cryptocurrencies may receive critical support, one analyst believes that there is still hope for XRPLedger native tokens