The Crypto Market is Looking Up for October, MSTR, COIN, MARA
π΅οΈββοΈπ The mystery of Satoshi Nakamoto, the elusive figure behind Bitcoin, remains unsolved. It's like a real-life Sherlock Holmes case! $Bitcoin(BTC.USD.CC)$
HBO's documentary "Money Electric: The Bitcoin Mystery" teased some clues, but Peter Todd, one of the suspects, quickly shut that down with a firm "Not me, guys!" π ββοΈ So, we're still in the dark about who's the real deal.
ππ₯ Now, talking about the crypto market in October, it's like the underdog story that turns around and starts winning.
After a tough time, there's a serious upswing. The big brains at J.P. Morgan are saying the market is just waiting for the right nudge to keep the party going.
They're looking at things like the "Uptober" trend, where markets usually bounce back, and the Fed's decision to cut interest rates. Plus, there's a lot of other stuff like Bitcoin ETF options and Ethereum's Spectra upgrade that could add fuel to the fire. π
πΉπ€ As for how people are investing, most crypto fans are into the Dollar-Cost Averaging (DCA) strategy, investing a little bit at a time, no matter what the market's doing. It's like that steady drip in a desert β it adds up over time.
ππ And here's the spicy bit β with Trump's chances looking better than Harris's, it's like a good omen for Bitcoin. If he's got a stronger shot, it could mean good things for crypto.
Oh, and for those of you who are into stocks, keep an eye on the blockchain gang.
ALL Good for the below stocks.
The top 10 companies holding the most Bitcoin.
$MicroStrategy(MSTR)$ $Marathon Digital Holdings Inc(MARA)$ $Tesla Motors(TSLA)$ $Hut 8 Mining Corp(HUT)$ $Coinbase Global, Inc.(COIN)$
$Galaxy Digital Holdings Ltd.(BRPHF)$ $Block(SQ)$ $Riot Platforms(RIOT)$ $Bitcoin Group SE(BTGGF)$ $CleanSpark, Inc.(CLSK)$ and $MicroStrategy(MSTR)$ worth look at.
ππRelated bitcoin assets: $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $Block(SQ)$ $Hut 8 Mining Corp(HUT)$ $MicroStrategy(MSTR)$ $CME Bitcoin - main 2405(BTCmain)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $BIT Mining(BTCM)$ $WisdomTree Bitcoin Fund(BTCW)$ $Grayscale Bitcoin Trust(GBTC)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $iShares Bitcoin Trust(IBIT)$ $ARK 21Shares Bitcoin ETF(ARKB)$
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