Browsing: Quantitative Tightening

BitMine Immersion Technologies, under Tom Lee’s leadership, has expanded its Ethereum treasury with a $170 million purchase, reinforcing its position as the largest public Ethereum holder amid calls for an ETH supercycle driven by institutional adoption and network upgrades.

Bitcoin concludes October with its first monthly loss in seven years, breaking the ‘Uptober’ streak and entering November amid heightened volatility and mixed market signals. Technical analysis reveals critical support and resistance levels, while institutional inflows and macroeconomic factors shape the uncertain outlook for Bitcoin’s historically strongest month.

Cryptocurrency markets experienced sharp volatility driven by US-China trade tensions, with cascading liquidations and institutional resilience shaping recovery amid geopolitical uncertainty.

Bitcoin faces a potential first negative October performance in eight years, with current prices 2.3% below the monthly start, threatening the ‘Uptober’ bullish tradition. Historical data from CoinGlass and insights from economists like Timothy Peterson highlight rare declines and rebound potential, while technical analysis identifies key support and resistance levels. Institutional inflows and Federal Reserve policies could offer relief, but risks remain in this volatile market environment.

US Bitcoin and Ether ETFs rebound with significant inflows as Federal Reserve Chair Jerome Powell signals potential rate cuts, reversing previous outflows and highlighting institutional resilience amid market volatility.