Franklin Templeton: What else should we pay attention to besides BTC, ETH and SOL?
Franklin Templeton's research team sheds light on the cryptocurrency market, focusing on the transformative role of BTC, ETH, and SOL.
JinseFinanceFranklin Templeton's research team sheds light on the cryptocurrency market, focusing on the transformative role of BTC, ETH, and SOL.
JinseFinanceDigital asset inflows surged to a record $2.25 billion in 2023, with Bitcoin (BTC) and Solana (SOL) leading. BTC's $1.9 billion influx dominated, while SOL attracted $167 million. Despite setbacks, BTC and SOL maintain stable prices. Market sentiment remains cautious, with funding rates at 0.009% for BTC and 0.01% for SOL. Speculation surrounds BTC's potential dominance in 2024, but competition for the second spot intensifies. Monitoring asset interest distribution is crucial for understanding evolving market dynamics.
Cheng YuanRetail interest in BTC, ETH, SOL, XRP is at a year-high, raising concerns of overheating. While pro traders cautiously support BTC, retail favor perpetual contracts. Funding rates peak, but no imminent risk of mass liquidation. Caution is advised amid unprecedented market fervor.
Cheng YuanOn-chain data shows both the Bitcoin leverage ratio and the futures open interest has spiked up recently, a sign that ...
BitcoinistWith the fall of Terra (LUNA), a lot of FUD and negative speculation has spread throughout the cryptocurrency community with ...
BitcoinistPositive news about the collapse of China Evergrande and the Fed’s intention to continue with its existing monetary policy has fueled a strong rally in bitcoin and altcoin prices.
CointelegraphThe week-long daily lower high pattern suggests bulls will not be able to flip $43,000 as support, which could drag down many altcoins that just bounced back.
CointelegraphHistorical data shows that October has been a good month for Bitcoin bulls, and Bitcoin’s break above $47,600 on October 1 could be a harbinger of what’s to come for Bitcoin and altcoins.
CointelegraphBitcoin and some altcoins are facing a sell-off at higher levels, suggesting that short-term traders may be taking profits after the recent rally.
CointelegraphAltcoins are selling off ahead of the launch of a bitcoin ETF this week, a possible sign that traders are concerned about the historic launch.
Cointelegraph