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news-imageOctober 4, 2024

VanEck optimistic on Bitcoin's momentum in Q4 but wary of Ethereum's struggles

VanEck remains optimistic about Bitcoin's outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum's ongoing struggles with market share and declining fee generation. According to the firm's September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve's rate cut and China's economic stimulus.
Publisher: CryptoSlate
Sentiment: Positive
BTC
ETH

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Negative
cover-imageCryptopolitan
October 4, 2024

Early Ethereum ICO buyer extends selling streak

An early Ethereum ICO buyer moved several tranches of coins in the past few days. The market absorbed the selling, but ETH sentiment suffers when older holders show signs of divesting or abandoning the project with profit-taking.

Positive
cover-imageBenzinga
October 4, 2024

Bitcoin, Ethereum, Dogecoin End The Week With Strong Gains: 'Summer Lull Seasonality Over, Q4 Bull Seasonality Is In,' Says Trader

Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.

Negative
cover-imageThe Currency Analytics
October 4, 2024

Crypto Markets Suffer $150 Billion Loss in Just Two Days as Bitcoin Approaches $60K

The cryptocurrency market has experienced a significant plunge, with a staggering $150 billion wiped off its total value in just two days. As of October 3, 2024, Bitcoin is teetering close to the critical $60,000 mark, prompting concerns among investors and analysts alike about the sustainability of the market's recent performance, often referred to as “Uptober.

Neutral
cover-imageCryptoSlate
October 4, 2024

Bitcoin's performance as US labor market normalizes after pandemic disruption

The post-COVID US labor market is finally experiencing a nuanced shift, reflecting a blend of resilience and gradual normalization after the unprecedented disruptions of the pandemic. By weaving together the latest data on job quits, wage growth, unemployment, job openings, and inflation, we can create a comprehensive picture highlighting opportunities and challenges for everyday people.

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