The most important story today:
Bitcoin miners’ October revenue reached $1.215 billion, a 11-month high, while hashprice fell 17.54% for the month
Read this story first, then compare it with the market and see whether prices have factored in the news.
First, a look at the market:
$BTC 76,774.57 (-0.23%)｜$ETH 2256.76 (-0.093%)｜BNB 690.79 (-1%)｜SOL 91.5 (-0.88%)
The market is moving sideways, with both bulls and bears waiting for a signal.
What people are discussing on the plaza:
A few stories from today:
1. Brazilian exchange Mercado Bitcoin was hacked, losing around $38 million, and pledged to compensate users
Funds:
Fear & Greed Index: 34 (Fear), up 8 from yesterday
$4.9 million liquidated across the market in the past hour, with long positions accounting for 89.5%
Biggest gainers and losers:
Top gainers: BMT +38.18%, CLANKER +34.98%, IDOL +16.02%
Top losers: AKE -36.46%, UAI -23.86%, APR -22.82%
My take:
Those are this morning’s highlights. I’ll share any new developments as they happen during the day.
Which news item are you most focused on today?