📌 Daily Summary
● LIVE TRACKINGUS non-farm payrolls and unemployment data released today have significantly impacted market sentiment, with Bitcoin (BTC) responding initially with volatility. After a strong start in October, Bitcoin's next target remains uncertain, as analyzed by a German financial analysis firm. In regulatory news, the International Monetary Fund (IMF) has granted an exception for El Salvador's Bitcoin holdings, raising questions about potential policy adjustments. Meanwhile, USDC issuer Circle has voiced objections to Europe's proposed stablecoin regulations, particularly the 60% reserve requirement, hinting at a possible industry pushback. Additionally, Bitmine CEO Tom Lee has shared his bullish one-year price prediction for Ethereum, even as Bitcoin ETF inflows fell, culminating in a $3.1 billion exit primarily attributed to Fidelity.
12:35
The leading cryptocurrency, Bitcoin, got off to a strong start in October. After being stuck in the $82,000–$85,000…
11:18
MacroVision noted a significant improvement in Bitcoin's price movement and shared the critical levels to watch.
10:17
The IMF approved the disbursement of $138 million in funds to El Salvador, despite the country failing to meet certain criteria regarding its Bitcoin (BTC) holdings.
09:19
Circle has requested the removal of the 30% and 60% bank deposit requirements under the MiCA agreement. The European Union has not yet made a final decision.
08:17
Tom Lee stated that the price of Ethereum (ETH) could significantly surpass the $10,000 level in the next 12 months.
