The cryptocurrency market concluded the past week with fluctuations and notable developments. As Bitcoin $95,136 and leading altcoins experienced price volatility, meme cryptocurrencies like Shiba Inu made community-focused progress. During this period, market participants’ expectations for the fourth quarter of the year continue to rise.
Bitcoin’s Price Dip Raises Concerns, Yet Optimism Prevails Long-Term
Bitcoin closed the weekend at around $94,000. However, this indicates a short-term correction for the asset. Despite this, market participants remain optimistic about Bitcoin’s long-term performance. The purchase of $21 million worth of Bitcoin by American tech firm KULR reinforced this optimism.
Meanwhile, slight outflows were observed in cryptocurrency investment funds and Bitcoin ETFs. This situation reveals some…
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