Bitcoin ended the first trading day of the week in the US with gains, but lost some of its gains due to a sharp rise in US 10-year bond yields. Over the past 24 hours, the largest crypto asset has decreased by 1.57%. Meanwhile, Ether futures ETFs, which generated much excitement, failed to attract investors' attention, posting low volumes on their first day of trading.
- Bitcoin will close the trading day in the US at about $28,000, an increase of about 3%.
- Ether is trading at around $1,670, a slight decline over the session.
- Stocks are mixed after US lawmakers averted a government shutdown.
- The crypto market is entering October, which is historically one of the strongest months.
Despite the recent rally in the crypto market, analysts at QCP Capital have expressed concerns about its sustainability, suggesting possible market downturns. Trading volumes for the newly launched Ether futures ETFs remained low throughout the trading day.
- Bitcoin will close the trading day in the US at about $28,000, an increase of about 3%.
- Ether is trading at around $1,670, a slight decline over the session.
- Stocks are mixed after US lawmakers averted a government shutdown.
- The crypto market is entering October, which is historically one of the strongest months.
Despite the recent rally in the crypto market, analysts at QCP Capital have expressed concerns about its sustainability, suggesting possible market downturns. Trading volumes for the newly launched Ether futures ETFs remained low throughout the trading day.