Bitcoin (BTC) stabilizes at 34,000, Ethereum (ETH) breaks through 1,800, what are the important events

皮皮汤姆说币 · 2023-10-31T02:54:48.000Z

Hello everyone, this is Pippi, let’s talk about today - "Bitcoin (BTC) stabilizes at 34,000, Ethereum (ETH) breaks through 1,800, what are the important events". Bitcoin (BTC) Stable at 34,000? Recently, the virtual currency market has undergone a sudden change, and Bitcoin and Ethereum staged a "funny carnival." Bitcoin successfully stood at a high of $34,000, while Ethereum jumped to a peak of $1,800. Facing such a cheerful scene, we were like watching a wonderful circus performance, which made people laugh. However, just when everyone was watching with gusto, Bitcoin suddenly took a turn for the worse, reaching as low as 34,062$. However, it quickly adjusted its position and brought its center of gravity back to 34,491$. This magical fluctuation makes us feel like we are seeing a circus lion dancing gracefully on the wire.

Hello everyone, this is Pipi. Today we are going to talk about - "Bitcoin (BTC) stabilizes at 34,000, Ethereum (ETH) breaks through 1,800, what are the important events?"
Bitcoin (BTC) stabilizes at 34,000?Recently, the virtual currency market has suddenly changed, and Bitcoin and Ethereum have staged a "funny carnival". Bitcoin has successfully stood at a high ground of $34,000, and Ethereum has jumped to a peak of $1,800. Facing such a cheerful scene, we feel like we have watched a wonderful circus performance, which makes people laugh.
However, just as everyone was watching with great interest, Bitcoin suddenly turned somersaults, and once dropped to $34,062. However, it quickly adjusted its posture and pulled its center of gravity back to $34,491. This magical fluctuation made us feel like we were watching a circus lion dancing gracefully on a tightrope.
At the same time, according to CCData data, the total asset size (AUM) of digital products in October increased by 6.74%, achieving the first monthly growth since July. For Bitcoin and Ethereum, this growth is undoubtedly a positive signal, and perhaps a bigger carnival is coming.
Ethereum (ETH) Breaks 1800?Yesterday, for Ethereum, Ethereum was like a dancer dancing to the tune of BTC, sometimes swinging violently, sometimes suddenly stopping. It was really a crazy roller coaster ride.
Ethereum's partial trend is similar to BTC, but the volatility has become a little more. At midnight, Ethereum once bent down and dropped to 1777$, and then stood up sharply again. The highest reached 1829$ in the evening, which is already a pretty good result. However, at 1:00, it was reported at 1810$ before the deadline, an increase of 0.98%. The dancer successfully stood on the stage of the 1800 level. It was really wonderful! The pin was as low as 1777$ at one point, and this sudden drop really made people's heart beat faster.
However, Ethereum, with its tenacious resilience, was reported at $1810 before the deadline, up 0.98% in the past 24 hours, and successfully stood above the $1800 mark. In short, Ethereum last night gave us a wonderful roller coaster drama.
Bitcoin, are you ready for these two heart-pounding challenges? Two major events this week may bring unpredictable fluctuations.
First of all, the Federal Reserve’s big move is here. He will announce the results of the monetary meeting at 2 a.m. on Thursday. The market benchmark interest rate will most likely remain unchanged at the current level of 5.25% to 5.5%.
However, the second challenge may not be so lovely. On Friday night, the U.S. Department of Industry will release October's non-farm payrolls and unemployment rate data.
Okay, that’s all for this issue. See you next time!
In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can keep each other warm and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry. Thanks for watching~