Australia's S & P/ASX 200 index has fallen 10% since its historic peak on February 14.
On November 11, the reporter learned from the People's Bank of China that the weighted average interest rate of newly issued corporate loans in October was about 3.5%; the interest rate of newly issued personal housing loans was about 3.15%, both at historically low levels. In addition, the scale of personal housing loans stabilized in October, which was significantly better than the average monthly decrease of 69 billion yuan in the first nine months and the level of the same period in the prev...
Bitcoin stood at $77,000/piece, a new record high, rising 1.51% in the day.
According to the data disclosed by 8marketcap, as BTC continues to hit the historical draft, its market value ranking has surpassed Meta and returned to the top ten in the global asset market value. The latest data shows that the current BTC market value is about 1.461 trillion US dollars, ranking tenth in the global asset market value, second only to Vanguard Total Stock Market ETF, while Meta market value is about 1.415 trillion US dollars, falling to eleventh place.
Bitcoin's Bollinger Bands recently narrowed to an all-time low, suggesting that the market is about to experience a major price swing. Technical analyst Tony Severino pointed out that this "Bollinger Band contraction" phenomenon is usually accompanied by significant price movements and has led to several bull markets in history. For example, after the Bollinger Band contractions in April 2016 and July 2023, the bitcoin price rose significantly. However, the contractions do not indicate the speci...
Spot gold continued to rise, reaching a new all-time high of $2,550 per ounce.
Glassnode's disclosure data shows that miners have historically been a major source of selling pressure, yet each halving event reduces their supply correlation. Net miner flows over the past 12 months show a general change in weekly total balances of around ± 500 BTC. Net deposits/withdrawals on centralized exchanges and net flows into wallets on the ETF chain typically see large fluctuations of ± 4000 BTC, data analytics results show: 1. The high selling pressure of miners is towards...
The S & P 500 and Nasdaq extended their gains, hitting new intraday highs.
HashRateIndex reports that Bitcoin's seven-day hash rate reached an all-time high of 659 EH/s, and according to data from Bitinfocharts, the average network hash rate reached an all-time high of 732 EH/s over the weekend. HashRateIndex explains that the increase in hash rate may indicate that Bitcoin public miners are activating their ASIC orders as planned, which means more powerful hardware is being turned on, and competition will intensify as more hashes come online.