🔶 The cryptocurrency market remained in a sideways movement yesterday, without significant price fluctuations. It is believed that this is a consolidation before a possible rise in Bitcoin to a new historical maximum, although some analysts predict a possible start of a downtrend.

🔶 Current prices: BTC around $67,400, ETH - around $2,600.

🔶 The Fear and Greed Index shows a value of 73, which indicates a greed zone.

Interesting events:

- On October 16, there was a noticeable revival in meme coins, especially BONK and DOGE;

- The number of large transactions in BTC reached a maximum in the last 10 weeks, Bitcoin discussion on social networks grew to the highest level in six months (according to Santiment);

— Inflows into spot BTC-ETFs amounted to $458.5 million (compared to $371 million in the previous trading session).

#cryptocurrencies#trading#bitcoin#ethereum#BTC#ETH#DOGE#crypto #binance$BTC