High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance.

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	Forwarded this email? Subscribe here for more Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance. Oct 1   READ IN APP   Happy Tuesday! The global crypto market cap is $2.2 trillion, with a 24-hour volume of $90.33 billion. The price of Bitcoin is $62,725.00, and BTC market dominance is 56.3%. The price of Ethereum is $2,527.65, and ETH market dominance is 13.8%. The best-performing sector is DuckSTARTER, which gained 31%. The Crypto Fear & Greed Index is currently Neutral (50). LATEST SLATECAST 🎙️ Sui aims to become the “Internet Coordination Layer,” says Mysten Labs Co-Founder 📰 Top News Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance. Ohio senator introduces bill to legalize Bitcoin, crypto payments for state taxes, fees The legislation would also allow state universities and public pension funds to invest in cryptocurrencies. UAE regulatory approval bolsters Ripple’s quest to rival SWIFT in cross-border payments Ripple's approval by Dubai Financial Services Authority enhances its global reach and bolsters its businesses. Ad: TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity TRON development team swiftly addresses critical vulnerabilities and enhances network performance. 📈 Latest Insights Bitcoin’s spike in long positions may signal imminent price correction Bitcoin ETFs see over $500 million inflows in past 2 days 🗞️ More News Japan to potentially lower capital gains tax on crypto in regulatory review Trump-backed World Liberty Financial launches whitelist process, US retail investors left out Robinhood VP quashes stablecoin launch rumors Vitalik Buterin defends Polymarket’s controversial Hezbollah prediction markets Gemini to exit Canadian market by end of 2024 amid regulatory shifts Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe