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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

A cryptocurrency analyst said that a little-known counterfeit currency may undergo a significant adjustment after soaring three digit percentage points since June.Anonymous trader AltcoinSherpa stated that he believes that the blockchain Oracle counterfeit TellorTributes (TRB) will become one of the "best tokens" to short in the coming months

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

Gougou coin is known as the "Chaigou" joke coin, but it has now developed into a cryptocurrency with specific characteristics. Apart from jokes, dog coins have unique features in various aspects

Ethereum prices are falling towards the support level of $1500 against the US dollar. ETH may pull back and rise, but the upside potential may be limited above $1565

In order to achieve the forecast of $8000, ETH's market value needs to reach $744 billion. Under certain conditions, this may be possibleStandard Chartered Bank predicts ETH's three-year performance will rise by 400%Meeting this prediction will depend on several factors within the Ethereum blockchainStandard Chartered Bank has recently abandoned its forecast for Bitcoin and shifted its focus to Ethereum

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