Sahm Rule indicates US recession remains likely but crypto may be set for bullish reversalETC Group analysis indicates crypto could be set for a strong end to the year despite pending recession.Happy Monday!The global crypto market cap is $1.99 trillion, with a 24-hour volume of $60.03 billion. The price of Bitcoin is $56,173.22, and BTC market dominance is 55.9%. The price of Ethereum is $2,329.09, and ETH market dominance is 14.1%. The best-performing sector is Bitcoin Ecosystem, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (26). 📰 Top NewsSahm Rule indicates US recession remains likely but crypto may be set for bullish reversalETC Group analysis indicates crypto could be set for a strong end to the year despite pending recession. 👀 Metric of The DayOver the past year, Monday has consistently been the top-performing day for Bitcoin. Musk denies that Tesla will license xAI’s technology in exchange for revenue-sharingMusk refuted the WSJ article, claiming that xAI’s models are far too big to run on Tesla cars. Generating only $21 in revenue in 30 days, FriendTech relinquishes control of contractsCrypto community members have criticized the decentralized social media protocol's team handling of the project. Binance-backed Tokocrypto becomes third crypto exchange in Indonesia to secure PFAK licenseThe Indonesian crypto trading platform has seen a rapid increase in its numbers this year. Ad: Discover Seamless and Safe Trading with MaestroMaestro introduces advanced security measures and a user-friendly interface to revolutionize the crypto trading experience. 📈 Latest Insights
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Latest Market ReportBitcoin’s historical performance: September dips and year-end ralliesCryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024. |
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