Bitcoin rebounds and surges to $58000! NYDIG: Short term gains difficult to sustain, fourth quarter is key
Although Bitcoin fell below $53000 last Friday, it has shown a good rebound at the beginning of this week, breaking through $58000 at one point and slightly falling back to $56800 at the time of writing this article. This wave of cryptocurrency gains echoes the rise of the US stock market, which also suffered a heavy setback last week. The Nasdaq and S&P 500 indices both rose 1.15% on Monday.
However, Greg Cipolaro, Global Research Director at NYDIG, believes that even with a significant rebound yesterday, there may not be enough catalyst in the short term to sustain this momentum. According to CoinDesk, Greg Cipolaro pointed out that August and September have proven to be months of weak Bitcoin price performance. Entering the fourth quarter is usually favorable for price trends.
There are still a few weeks left until the fourth quarter, and Cipolaro stated that during this period, Bitcoin bulls may only rely on factors outside of cryptocurrency as a positive catalyst. This includes macroeconomic news such as employment, inflation, and Federal Reserve policies. In addition, the presidential election in November is also a crucial moment. Although candidate Trump showed a very friendly attitude towards cryptocurrency, He Jinli's position on cryptocurrency was hardly disclosed.
We won't guess which candidate will win the election, but November may be a critical moment for this industry. Before that, Bitcoin's performance may be influenced by a broader market context
(责任编辑:市场数据)
- ·21华远陆港MTN001:11月4日至8日为投资人回售申请期,利率下调300BP至1.00%
- ·Lido stETH (STETH)的投资价值与交易所推荐
- ·10月31日汇添富安鑫智选混合C净值增长0.60%,近3个月累计上涨19.37%
- ·专利使用费属于研发费用吗
- ·赵长鹏在X平台发表简化核心观点的评论
- ·10月31日中欧新趋势混合A净值下跌0.62%,近1个月累计下跌5.97%
- ·深度解析Mantle及其原生代币MNT:以太坊Layer-2的创新先锋
- ·10月31日博时产业精选混合C净值下跌0.62%,近1个月累计下跌4.94%
- ·万林物流将于11月19日召开股东大会,审议聘任公司2024年度审计机构等议案
- ·MUEX交易所