Cryptocurrency markets are trading higher as expectations around Chinese stimulus rise.
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses growing by 1%. Transactions greater than $100,000 are down from 6,165 to 5,104 in a single day. Exchanges netflows are down by 80%.
Coinglass data reports 61,029 traders were liquidated in the past 24 hours for $234.09 million. Crypto short liquidations stand at $181 million, the highest since Aug. 5.
Notable Developments:
Bitcoin Closes In On $65K As ETFs See Over $400M In Net Inflows
Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark Are Rallying: What's Going On?
Why Crypto Apps Are Struggling: Expert Says Operational Hurdles, Not Just Regulation, Are To Blame
Kamala Harris Unveils Crypto Regulatory Framework As Part Of Outreach Toward Black Male Voters, But Not Everyone's Convinced
Top Gainers:
Cryptocurrency | Price | Gains +/- |
Book Of Meme (CRYPTO: BOME) | $0.01009 | +32.4% |
Worldcoin (CRYPTO: WLD) | $2.34 | +18.2% |
Ethena (CRYPTO: ENA) | $0.4093 | +18% |
Trader Notes: With Bitcoin prices crossing the $65,000 mark, Santiment data pointed out that the rise has prompted traders to seek opportunities in the GameFi and memecoin sectors, with discussions around these altcoins increasing.
Historically, this signals growing bullish sentiment. After a five-week market rally, slight FOMO may continue, with speculative assets gaining attention until a correction shifts sentiment back to fear.
Crypto trader Stockmoney Lizards sees Bitcoin entering the FOMO zone.
#Bitcoin entering the FOMO zone... We will see a temporary retracement at some points and FOMO traders will be liquidated before moving back to the path up.
OI increasing, 65-66k is a natural resistance zone... There will be more opportunities to swing buy. pic.twitter.com/S3OdpWdHTW
— Stockmoney Lizards (@StockmoneyL) October 14, 2024
Crypto trader Kevin detailed that while Bitcoin's recent move is positive, it still needs to break $74,000 and $78,000 on a logarithmic scale before higher prices can be considered. The trader emphasizes caution and believes the current market movement is tied to polling and betting markets suggesting a Trump election victory.
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
Image: Shutterstock
數字貨幣市場正在上漲，因爲人們對中國刺激的預期增加。
相關數據:
根據IntoTheBlock數據顯示，大手交易量下降了6.9％，每日活躍地址增長了1％。單日內，超過$100,000的交易量從6,165下降到5,104筆。交易所淨流入量下降了80％。
Coinglass數據顯示，過去24小時有61,029名交易者被清算，總額爲2.34億美元。加密空單清算額爲1.81億美元，爲8月5日以來最高。
重要進展:
比特幣接近6.5萬美元，etf淨流入超過4億美元
比特幣挖礦股票 marathon digital、riot platforms 和 cleanspark 正在上漲：發生了什麼？
爲什麼加密應用程序陷入困境：專家表示操作障礙不僅僅是監管的原因
賀錦麗公佈了加密貨幣監管框架，作爲對黑人男性選民的外聯工作之一，但並非所有人都被說服
漲幅榜：
數字貨幣 | Price | 收益 +/- |
Book Of Meme（CRYPTO：BOME） | $0.01009 | +32.4% |
Worldcoin (加密貨幣：WLD) | $2.34 | +18.2% |
Ethena (加密貨幣：ENA) | $0.4093 | +18% |
交易員注意事項：隨着比特幣價格突破65000美元，Santiment數據指出，上漲促使交易員尋求GameFi和memecoin領域的機會，圍繞這些替代幣種的討論增多。
歷史上，這預示着看漲情緒增長。經過五週的市場上漲，輕微的FOMO可能會持續，投機資產吸引關注，直到一次調整將情緒轉回恐懼。
加密交易員Stockmoney Lizards認爲比特幣正在進入FOMO區域。
#比特幣進入FOMO區域... 我們將在某些時刻看到暫時的回撤，FOMO交易員將被清算，然後再繼續向上。
持倉量增加，6.5-6.6萬是一個自然的支撐位... 將有更多機會進行買入操作。pic.twitter.com/S3OdpWdHTW
— Stockmoney Lizards (@StockmoneyL) 2024年10月14日
加密交易員Kevin詳細說明，儘管比特幣最近的走勢是積極的，但在對數尺度上仍需突破74000美元和78000美元才能考慮更高的價格。該交易員強調謹慎，並認爲當前市場動向與民意調查和賭博市場暗示特朗普將贏得選舉有關。
接下來：比特幣作爲機構資產類別的影響力預計將在Benzinga即將到來的數字資產未來活動中得到徹底探討。日期是11月19日。
圖片：shutterstock
