After a brief rise in U.S. stocks on Thursday, October 5, 2023, the three major indices retreated, with the Dow Jones barely closing up 0.04%, marking the first ten-day consecutive decline since the 1970s. The S&P 500 index fell 0.09%, and the Nasdaq dropped 0.10%. Cryptocurrency concept stocks generally fell, with 'Bitcoin whale' MSTR down 6.63% and Coinbase down 2.21%.

The cryptocurrency market is once again under pressure. Bitcoin rebounded from a high of $98,000 yesterday to $102,000, then started a new wave of decline, dipping to around $95,700 at around 5 AM this morning, currently reported at $96,812, down 3.8% in the last 24 hours. Ethereum fell below $3,400, down 6.6% in 24 hours, and altcoins saw particularly significant declines, generally exceeding 10%. The entire cryptocurrency market saw liquidations of $1.003 billion, with Bitcoin spot ETF seeing a net outflow of $674 million yesterday. Market sentiment is bleak, with bearish signals increasing. $BTC $BTC