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Market Wrap
Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory Onslaught on Crypto
Uniswap's UNI token was the only CoinDesk 20 constituent in the green over the past 24 hours.
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.
MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average
NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.
AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.
Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.
Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues
The largest cryptocurrency's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election
Despite October being a historically strong month for crypto assets, options traders expect further downside over the next few weeks, with a rally coming post-election, Wintermute said.
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.
