Despite a comparably muted October, bitcoin’s steady performance near $110,000 and signs of Fed easing have analysts calling for a breakout.
Bitcoin’s October Slowdown Masks Strength, Analysts Predict Catch-Up With Gold
Despite a comparably muted October, bitcoin’s steady performance near $110,000 and signs of Fed easing have analysts calling for a breakout.
Shares:
The technical changes are designed to attract developers to the ecosystem and let them create their own customized blockchains, known as subnets.
Higher oil prices could add to inflation, making it harder for the Fed to cut rates rapidly.
Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.
The move came after the state investment board doubled its exposure to spot bitcoin ETFs late last year as markets fell.