🚀 Cryptocurrency and Blockchain News! 🚀
📈 Bitcoin ETFs Attract Record Investments, Miners Expand Operations! H.C. Wainwright analysts attribute BTC's growth to the easing of global monetary policy.
🔹 BTC closed the week up 3.2%, reaching $65,618.
🔹 September is usually a weak month for BTC, but this year is different!
🔹 Central banks cut rates 21 times in September, which supported BTC's growth.
📉 However, on October 1, crypto markets fell due to geopolitical tensions between Israel and Iran. BTC fell 3.9%, while ETH fell more than 6%.
💡 Interesting facts:
🔸 Bitcoin ETFs attracted more than $1 billion in the past week.
🔸 Mining stocks up 15.1% in a week.
🔧 Positive mining news:
🔹 Hut 8 signs five-year deal worth $20 million per year.
🔹 Cipher buys new Texas mining facility for $67.5 million.
🔹 Bitdeer tests new SEAL02 chip, plans mass production in 2024.
💬 Share your thoughts in the comments! What do you think is next for the market?