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The bitcoin market is entering a period with conditions indicative of a pre-halving rally, an analyst said.
MicroStrategy’s 190,000 bitcoin is now worth more than $10 billion as the world’s most popular cryptocurrency by market capitalization nears $53,000.
Bitcoin call options for all expiries from April through to December show a notable concentration at strike prices above $60,000, according to a QCP Capital report.The price of bitcoin increased above the $53,000 mark over the past 24 hours, according to The Block’s Price Page.
Bitcoin ETFs attract strong interest with 43K BTC inflows in four days, surpassing 42K BTC inflows in 20 days post-approval.
Bitcoin mining difficulty is expected to rise by 8% to a new all-time high.
- 08:27Bitget will list the U-denominated GRASS perpetual contract at 23:00 today, with a leverage range of 1-50 timesAccording to the official announcement, Bitget has announced that it will launch the U-denominated GRASS perpetual contract at 23:00 today, with a maximum leverage of 50 times. It will also launch spot leverage and strategic trading for GRASS on October 29th at 12:00 (UTC+8) and October 28th at 23:00 (UTC+8).
- 08:24Trump-related stocks rise before the U.S. stock market opensTrump-related stocks rose in pre-market trading in the US, with Trump Media Technology Group (DJT.O) up 7.1%, Phunware (PHUN.O) up 8.5%, and Rumble up 3.3%.
- 07:38BTC breaks through $68,000The market shows that BTC has broken through $68,000 and is now reported at $68,573. The 24-hour increase reached 2.09%. The market fluctuation is quite large, please manage your risk well.
