ChainCatcher news indicates that, thanks to Trump's re-election as president and the growing demand for U.S. digital asset funds and derivative contracts, the focus of the cryptocurrency market has returned to the United States.Data from Kaiko shows that the proportion of daily Bitcoin trading in U.S. dollars during U.S. hours has risen from 40% in 2021 to about 53%. The data also indicates that the cryptocurrency market depth—its ability to absorb relatively large orders without causing excessive price impact—has returned to pre-FTX crisis levels, closing most of the "Alameda Gap."CF Benchmarks product manager Thomas Erdösi noted that the increasing participation of institutions has shifted the "liquidity dominance" to the United States.

ChainCatcher news, according to Lookonchain monitoring, after the BTC price pullback, 3 whales collectively bought 1,153 BTC (approximately 120 million USD)."bc1qkv...t44v" withdrew 501 BTC (approximately 52.24 million USD) from Bitfinex 30 minutes ago."bc1pjq...sjpc" withdrew 551.5 BTC (57.28 million USD) from Binance in the past 2 hours."1L7gnf...xeTs" withdrew 100 BTC (10.42 million USD) from Binance 1 hour ago, and this whale has withdrawn a total of 1,418 BTC (148.78 million USD) from Binance in the past 2 days.

ChainCatcher news, the latest calculations from OKG Research at OKEx Research indicate that based on BlackRock's recent research report "The Size of Bitcoin in a Portfolio," if the global asset management industry allocates 1%-2% of its funds to Bitcoin in 2024-2025 as recommended.As of the end of 2023, the global asset management industry manages assets totaling $118.7 trillion. Assuming an annual growth rate of 10%, if the allocation ratio reaches 2%, the potential influx of funds could amount to approximately $3.05 trillion. This influx of funds could drive the price of Bitcoin up to around $247,000.

ChainCatcher message, CryptoQuant analyst Maartunn posted on social media analyzing the reasons for the drop in BTC price this morning, including:The net eating order trading volume on the Binance platform shows a large amount of selling pressure, with buying power slowing down;The recent surge in BTC was driven by leverage, with open interest increasing by over 15%;The above two signals coincided with the market sentiment being "extreme greed."

ChainCatcher message, HashKey Exchange market shows that the BTC price has broken through 103,100 USD, and the price in HKD has surpassed 802,000, with a 24-hour increase of 7.25%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in compliance, capital protection, and platform security. It has obtained approval from the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher news, according to The Block, analysts say that profit-taking and large sell-offs are hindering the rise of Bitcoin prices.BRN analyst Valentin Fournier emphasized that Bitcoin faces significant obstacles in breaking through the $100,000 mark. He believes that market catalysts are strong and investor confidence is continuously increasing, but Bitcoin is still struggling to break through the psychological price barrier of $100,000. The phenomenon of profit-taking is evident, and it is necessary to clear the sell-off barrier of over 4,000 Bitcoins (worth approximately $384 million) to achieve higher price levels.

ChainCatcher news, HashKey Exchange market shows that the BTC price has surpassed 96,500 USD, and the price in HKD has exceeded 752,000, with a 24-hour increase of 5.02%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in compliance, fund security, and platform safety. It has been approved by the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher message, HashKey Exchange market shows that the BTC price has突破 90300 USD, and the HKD price has突破 702000, with a 24-hour increase of 4.73%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund security, and platform safety. It has been approved by the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher message, HashKey Exchange market shows that the BTC price has surpassed 83,500 USD, and the price in HKD has exceeded 652,000, with a 24-hour increase of 5.33%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund security, and platform safety. It has received approval from the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on platform X stating that the current pricing of the Bitcoin options market is between $68,000 and $95,000 for the end of the year BTC price.

ChainCatcher news, HashKey Exchange market shows that the BTC price has surpassed 77,500 USD, and the price in HKD has exceeded 602,000, with a 24-hour increase of 1.38%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, capital protection, and platform security. It has received approval from the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher news, according to SoSoValue data, the cryptocurrency market is showing a general upward trend. The price of BTC increased by over 8% in a single day, with a market cap share of 59.13%. The AI Meme coin sector saw a 24-hour increase of up to 26.09%, surpassing the Meme coin sector's 17.77%. Tokens themed around the U.S. elections rose by nearly 9%, with Trump-themed coins almost all increasing, while Kamala (KAMA) dropped by nearly 80%.In addition, the AI sector rose by 13.75%, the Defi sector rose by 11.44%, Layer 1 increased by 8.57%, and Layer 2 rose by 7.73%.

ChainCatcher news, according to Lookonchain monitoring, after today's BTC price drop, a whale increased its holdings by 550 BTC ($38.68 million) three hours ago.

ChainCatcher message, HashKey Exchange market shows that the BTC price has broken through 71,100 USD, and the HKD price has surpassed 552,000, with a 24-hour increase of 4.95%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund security, and platform safety. It has received approval from the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher message, trader Eugene Ng Ah Sio posted on X: "It's usually not a price target, so I will provide a price range at the end of the cycle (assuming Trump wins the election + (U.S. economy) soft landing):BTC: $100,000 - $200,000;ETH: $4,000 - $6,000;SOL: $500 - $1,000;Total cryptocurrency market cap: $5 - $10 trillion."

ChainCatcher message, Glassnode pointed out in a study released on September 25 that after the Federal Reserve cut interest rates by 0.5%, Bitcoin has reclaimed the short-term holder cost basis of approximately $619,000. If the price also remains above the 200-day moving average of $639,000, this rebound may have technical significance. This is because Bitcoin has reclaimed the short-term holder cost basis ($619,000) and the 200DMA ($639,000). Additionally, new investors have shown a certain level of resilience, with actual losses being relatively small, indicating confidence in the overall upward trend. The perpetual futures market has shown cautious signs of recovery, with demand gradually increasing, but still below the levels seen during a strong bull market.

ChainCatcher message, HashKey Exchange market shows that the BTC price has surpassed $64,600, and the price in Hong Kong dollars has exceeded 502,000, with a 24-hour increase of 2.45%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund security, and platform safety. It has received approval from the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.

ChainCatcher news, according to Lookonchain monitoring, a certain whale address sold 100 BTC (approximately 5.35 million USD) when the Bitcoin price dropped to its cost price, making a profit of 206,000 USD. Other addresses with cost prices in this range may also engage in breakeven operations.According to IntoTheBlock data, a total of 836,000 addresses bought a total of 402,800 BTC in the price range of 51,113 USD to 54,303 USD, with a total value of 21 billion USD.

ChainCatcher message, HashKey Exchange market shows that the BTC price has fallen below 57,800 USD, and the price in HKD has dropped below 452,000, with a 24-hour decline of -2.41%.As the largest licensed exchange in Hong Kong, HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in compliance, fund security, and platform safety. It has been approved by the Hong Kong Securities and Futures Commission and holds licenses No. 1 and 7, operating a compliant virtual asset trading platform.