Daily Market Review: October 24
📈 #BTC : Bitcoin reached $35,450 on the Binance exchange, partially fixing positions. Liquidation of short positions of $295 million supports growth. Indicators indicate the strength of the impulse. To continue growth, it is necessary to keep the asset above $34,000. A short consolidation is expected between $36,000 and $37,500, followed by a rise to $42,000.
📉 #ETH : Ether rose to $1,850, but then pulled back. To continue growth, it is important to maintain the level of $1,750.
🚀 BlackRock Bitcoin ETF: BlackRock's ETF, iShares Bitcoin Trust, is listed as a DTCC asset. The listing increased the price of Bitcoin by 14%. This does not automatically mean SEC approval, but it does improve the chances.
📈 Alts: #MINA + 45% after listing on Upbit. #MNGO + by 32% after the announcement of the development of our own AI.
📉 Stock market: Dow Jones fell 0.58%, S&P 500 fell 0.17%, NASDAQ Composite rose 0.27% due to reports from large technology companies. Rising yields on 10-year US Treasury bonds are putting pressure on the market for high-risk assets.
📊 Cryptocurrency market: The total value of digital assets increased by 8%, the share of Bitcoin jumped by 1.5%. Dominance #BTC reached 54%, reaching a new annual maximum. 🚀