Odaily Planet Daily News: 21Shares co-founder Ophelia Snyder stated that the current sluggish market has little to do with "any crypto-specific factors," but it is unlikely that Bitcoin will rise again at the beginning of next year. Snyder said that the current low volatility drivers are unlikely to completely dissipate in the short term, and whether the market at the beginning of the year can be repeated in January next year will heavily depend on broader market sentiment. She explained that January usually sees "new inflows" into Bitcoin ETFs due to investors rebalancing and adjusting their portfolios at the start of the year. After climbing to the current high of $125,100 on October 5, Bitcoin entered a downward channel, following a $19 billion crypto market liquidation event on October 10. According to CoinMarketCap, #成長值抽獎贏iPhone17和精美週邊

BTC-2.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)