Uptober Emerges with Increased Stablecoin Liquidity and Bitcoin Transactions
The latest developments in the crypto market are covered in CoinDesk's daily newsletter, First Mover. The newsletter includes information on the formation of Uptober due to increased stablecoin liquidity and Bitcoin transactions, as well as the biggest outflows from Ether ETFs since July. Bitcoin has broken the $64K mark while gold prices are also rising. The ETH/BTC ratio has dropped to its lowest point since April 2021, leading to questions about whether Bitcoin is losing its bullish momentum. The CoinDesk 20 Index has increased by 9.66%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hawk Tuah investors file a lawsuit against promoters
Today's Fear and Greed Index is 73, and the level is still Greedy
PNUT briefly broke through $0.77, with a 24-hour increase of 11.4%
Trader Eugene: I am optimistic about MOODENG, CHILLGUY, PNUT and GOAT and plan for the long term
Trending news
MoreCrypto prices
More
