Bitcoin and gold soared hand in hand to hit new all-time highs. In the past week, Bitcoin surged by $4,000, and Ethereum followed suit with gains of nearly $300, giving the crypto market its best performance since early September. This series of positive changes indicates that Bitcoin may be able to break the traditional curse of September's decline. Industry experts even pointed out that this is just the beginning. As time goes by, especially in October and the entire fourth quarter, the encryption market is expected to usher in an even more shocking rising wave.

Behind Bitcoin’s strong performance this time, there are multiple factors working together: the Federal Reserve’s unexpected sharp interest rate cut policy injected a boost into the market, and Bitcoin took this opportunity to break through the $62,000 mark; the surge in gold prices cannot be ignored either. Its status as a safe-haven asset is solid, and Bitcoin is also sought after as a "digital version of gold"; Ethereum's bottoming out has significantly boosted market sentiment, and the overall activity of the crypto market has been strengthened; in addition, The positive statements from top political leaders in the United States have also added confidence to the encryption industry.

Although the market may face volatility in the short term, in the long term, it is currently in a critical stage of transition to a slow bull market. Investors should pay attention to key factors such as Federal Reserve policy dynamics, global stock market trends, and changes in market liquidity. At the same time, they should maintain patience and determination, cherish the crypto assets in their hands, and wait patiently for the arrival of larger-scale rising prices. #新币挖矿已上线HMSTR