The most important thing today:
Bitcoin miners' October revenue hit $1.215 billion, a new 11-month high; hash price fell 17.54% over the month
Start with this item, then compare it with market action to see whether the market has priced in the news.
Broader market:
$BTC 76,659.51 (-0.31%)
$ETH 2255.83 (-0.12%)
BNB 690.23 (-1%)
SOL 91.41 (-0.87%)
The broader market is trading in a narrow range, and a direction has yet to emerge.
A few headlines today:
1. Yi Lihua: Republicans are likely to lose control of both chambers; U.S. stocks may continue to pull back, while Bitcoin is relatively resilient
On the funding front:
Fear & Greed Index: 34 (Fear), up 8 from yesterday
$4.9 million in crypto liquidations across the market in the past hour, 89.5% of them long positions
Top gainers and losers:
Top gainers: CLANKER +37.29%, BMT +36.74%, IDOL +20.27%
Top losers: AKE -36.5%, APR -22.94%, UAI -21.96%
A few thoughts:
A new day brings plenty of opportunities—and volatility. Make sure you’ve set your stop-loss before jumping in!
Which news story are you keeping the closest eye on today?
Just one person’s opinion—take it with a grain of salt, not as advice.