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：基金优选)

• ·安徽什么是什么天气
• ·比特币要买多少
• ·股票民族证券-民族证劵
• ·芬兰10月天气穿什么
• ·借呗提前还款后，怎么被关闭了？为什么啊？
• ·拉卡拉AA信用在宜人贷有用吗，宜人贷的贷款申请有哪些条件？
• ·差额纳税的一般纳税人可以抵扣进项吗
• ·参议院将于下周创造历史并通过《GENIUS稳定币法案》：参议员比尔·哈格蒂
• ·主流币交易平台哪个好 虚拟币主流币交易所排名
• ·中信信金宝需要怎样的用卡情况？信用卡负债较多可以申请吗？
• ·销售税金怎么计算
• ·元宝网交易平台可靠吗
• ·什么什么布 形容天气
• ·binance是什么交易所_Binanance官网v2.54.4
• ·交易性金融资产属于什么科目
• ·随着比特币降温ETH价格可能会下跌