First, the key point:
Bitcoin miners' October revenue reached $1.215 billion, an 11-month high, while hashprice fell 17.54% for the month
Read this first, then compare it with the market to see whether prices have reacted to the news.
Major coins:
$BTC 76,777.4 (-0.26%)
$ETH 2258.07 (-0.054%)
BNB 690.71 (-1.03%)
SOL 91.5 (-0.8%)
The broader market is trading in a narrow range, and it hasn't picked a direction yet.
Regarding fund flows:
Fear & Greed Index: 34 (Fear), up 8 from yesterday
In the past hour, $4.9 million in positions were liquidated across the market; 89.5% were longs
Top gainers and losers:
Top gainers: BMT +40.15%, CLANKER +34.92%, ICNT +16.52%
Top decliners: AKE -35.83%, APR -25.06%, UAI -24.11%
News:
1. Brazil's Mercado Bitcoin exchange was hacked, losing about $38 million, and promised to compensate users
2. A wallet withdrew $13.97 million worth of PONS and $13.45 million worth of ETH from an exchange over the past 12 hours
A few words:
A cup of coffee and a morning briefing—another steady start to the day.
How will you trade today?
Data is for reference only; don't take it all at face value.