Markus Thielen, founder and research leader of 10x Research, a digital asset research firm, believes that as Bitcoin rebounds to the $65000 level, there is a high possibility of a rebound in the cryptocurrency market in the highly anticipated fourth quarter, and returns may be realized ahead of schedule.

In a report released on Thursday, Thielen stated that FOMO sentiment has returned to the altcoins market, fueled by Bitcoin's breakthrough of $65000. "A significant uptrend may be imminent, which will trigger even greater FOMO in the entire cryptocurrency sector.

The trading price of Bitcoin before the deadline is around $65800. Capriole Investments' altcoin speculation index has climbed to 23%, up 13% in the past 30 days. This index tracks the proportion of altcoins that have performed better than Bitcoin in the past 90 days, with higher values indicating increased market speculation.

The prices of many altcoins have experienced significant increases since September 20th. According to CoinMarketCap data, among the top 100 cryptocurrencies by market capitalization, the native token W of the cross chain information transmission protocol Wormhole has risen the most in the past seven days, with an increase of over 35%. The second highest rising coin is the meme Shiba Inu (Shiba Inu, SHIB), which has also risen by over 35%. The native token SEI of Layer1 memory blockchain Sei ranks third, with an increase of about 33%.

Thielen stated that Shiba Inu Coin has become a popular investment choice for retail investors in South Korea this week. He said:

In the past 24 hours, Shiba Inu has regained the top trading volume position in South Korea, indicating a rise in speculation and laying the foundation for a potential rebound in the fourth quarter

With the rebound of the altcoin market, the proportion of Bitcoin market value has slightly decreased, dropping from a local high of 58.5% on September 19th to the current 57.5%, a decrease of about 1.7%. This data is often used by traders to measure the potential flow of funds from Bitcoin to altcoins. Meanwhile, the Bitcoin Fear and Greed Index has returned to the "Greed" zone today, with a value of 61.

Thielen from 10x Research stated that if the Federal Reserve in the United States remains open to interest rate cuts, high beta altcoins may gain further growth momentum. In addition, he believes that China's $278 billion stimulus plan, driven by increased global liquidity, may trigger a parabolic rebound in cryptocurrency prices.

data source

(责任编辑：商业)

• ·沈阳花鸟鱼市场在哪里
• ·OK币公认交易所软件市场占有率排名 OK币交易所软件名气最大iOS排行榜
• ·虚拟币账户怎么开通？新手开通虚拟币账户流程
• ·以太坊Pectra升级后的Blob市场现状与未来展望
• ·REM是什么币？REM币交易平台和官网总量介绍
• ·今日file币价
• ·XDNA币有多少个？XDNA币发行总量介绍
• ·比特币行情参考
• ·币币交易所十大排名|最新的币币交易软件
• ·imtoken钱包可以存HT-imtoken钱包可以存usdt吗
• ·全球10大usdt交易平台排名2023 usdt交易平台全球10大交易所不会被清
• ·现货小白使用交易软件说明 现货交易软件安全稳定用户量排名
• ·币圈主流交易所APP有哪些？币圈交易所大全盘点
• ·欧洲央行加强审查银行美元资金来源
• ·凤阳古城墙遗址在哪里-凤阳古城墙遗址在哪里啊
• ·免费正规OK币交易APP哪里可以买？公认OK币交易APP十大排名