BTC is like 3% away from all time high.
Where's the euphoria?
Where is everyone?
— Byzantine General (@ByzGeneral) October 29, 2024
Daily Debrief Newsletter


$94,646.00
0.13%$1,808.03
0.65%$2.20
-1.60%$601.34
-0.07%$148.90
2.03%$0.999997
0.00%$0.174299
-0.05%$0.688826
-0.81%$0.247445
1.81%$1,807.64
0.76%$94,585.00
0.12%$3.51
-0.50%$14.52
-0.49%$21.14
-3.09%$9.13
1.64%$0.272746
-1.73%$3.19
-0.13%$0.0000134
0.16%$0.18362
-1.68%$2,167.18
0.49%$0.999832
-0.01%$369.35
2.48%$19.55
6.48%$84.69
-1.93%$4.12
-0.04%$1.001
0.14%$280.60
3.53%$1,808.35
0.59%$4.36
-0.55%$1.00
0.08%$0.629003
7.98%$28.93
-0.30%$1,926.30
0.58%$94,694.00
0.29%$0.00000896
1.56%$5.41
0.66%$5.34
1.04%$362.14
-1.01%$51.35
-0.26%$2.50
-1.10%$0.919305
-0.79%$1.05
0.02%$1.00
0.00%$22.18
0.38%$4.99
2.48%$13.19
1.70%$16.68
-0.31%$167.20
1.68%$31.46
1.39%$0.741115
1.02%$0.088553
-0.93%$0.092186
4.93%$4.60
2.60%$0.02647126
-0.63%$1.002
0.27%$1.17
0.03%$0.240526
2.21%$0.777422
9.11%$4.34
-0.57%$94,592.00
0.26%$0.221179
-2.44%$2.80
2.16%$4.28
-0.18%$0.323099
4.16%$2.73
0.32%$0.49848
-2.82%$0.329003
0.70%$4.11
0.83%$0.00001967
-0.20%$1.12
4.21%$0.998275
-0.06%$94,587.00
0.28%$0.475186
5.12%$10.80
1.14%$0.814029
-0.11%$1,476.48
-2.35%$156.28
2.42%$1.23
12.35%$0.738238
-1.24%$0.077373
-1.26%$1.21
-0.63%$0.01826233
1.35%$76.20
1.56%$0.215792
2.52%$4.06
1.18%$1,809.81
0.76%$1.67
23.47%$1.00
-0.01%$1,882.10
0.82%$0.678504
-0.12%$0.564402
-0.81%$9.90
3.69%$0.721209
10.84%$0.097722
0.95%$1.001
0.14%$0.99967
-0.02%$601.77
0.07%$0.00008888
5.77%$2,049.01
0.55%$2.89
2.06%$0.01667884
1.65%$3,250.80
-1.87%$1.00
-0.01%$0.786606
-0.56%$0.209022
0.97%$3,258.61
-1.66%$0.764152
3.14%$38.22
-0.61%$0.01716254
2.96%$0.844947
2.61%$13.28
1.16%$164.37
1.99%$94,595.00
0.22%$191.88
2.04%$94,815.00
1.60%$94,231.00
0.37%$0.297774
2.35%$0.01149062
3.78%$0.570941
0.66%$3.91
-0.10%$0.00000071
0.69%$1,925.35
0.70%$0.115247
0.31%$2.05
1.20%$0.997996
0.03%$0.647855
6.49%$0.404789
1.38%$3.03
-1.65%$1.013
1.45%$18.90
5.20%$0.063074
4.70%$0.24968
1.50%$0.01815774
0.47%$0.317564
2.96%$1.82
2.15%$1.093
-2.68%$1,890.53
0.59%$0.556652
0.73%$36.13
4.21%$3.47
3.96%$0.151493
-1.37%$0.562751
1.08%$0.00914331
1.27%$0.650693
2.46%$0.622717
0.98%$0.423638
2.52%$0.069316
1.36%$0.998296
-0.04%$0.00532716
0.04%$17.36
3.62%$95,658.00
0.00%$0.194509
-1.13%$94,580.00
0.41%$1,890.32
0.57%$1.36
0.71%$0.999996
0.01%$0.435653
-0.67%$0.999996
0.01%$0.487776
-0.59%$91,410.00
5.51%$6.99
4.51%$0.146428
0.54%$0.174449
0.13%$0.00002218
0.86%$94,451.00
0.08%$1.57
-1.77%$0.538182
2.62%$6.10
-0.17%$1.71
19.39%$1,811.83
0.96%$3.54
-3.77%$110.88
0.01%$0.240725
2.36%$0.00000042
-0.15%$0.079768
-2.32%$1.085
0.00%$1.003
0.29%$0.088662
-0.18%$2.50
0.41%$0.04145202
1.74%$0.00746578
3.51%$1,807.58
0.56%$1,925.48
0.77%$0.191016
7.91%$0.03862509
4.75%$0.387954
6.91%$1,808.68
0.58%$40.94
-0.19%$0.385858
-2.99%$1.002
0.09%$21.51
-0.61%$0.553856
0.75%$1,803.91
0.42%$0.00411707
-0.50%$31.56
0.01%$0.01788084
1.94%$0.130849
0.57%$0.799727
0.37%$0.00006063
0.53%$1,840.28
0.30%$1.00
0.01%$1.23
2.42%$0.998385
0.02%$0.999842
-0.01%$0.707751
3.66%$0.710597
-2.18%$0.999848
-0.05%$0.00458391
-3.11%$2.83
-2.43%$0.736272
-3.24%$0.281067
-1.73%$94,405.00
0.06%$0.00000146
3.56%$0.505541
-3.44%$112.76
-0.18%$0.236974
0.23%$0.14015
-0.27%$19.41
5.33%$1,792.29
0.31%$23.60
2.19%$0.207828
1.22%$3.52
-4.16%$0.00279522
0.20%$0.999605
0.00%$0.998526
-0.05%$94,747.00
0.64%$3,230.63
-0.76%$0.27042
-0.30%$0.00260992
1.91%$0.532903
0.40%$1,907.44
0.33%$2.81
-0.06%$0.03096673
-0.67%$0.03790249
0.54%$0.259461
1.57%$15.64
0.58%$0.00288867
1.80%$1,900.01
0.14%$0.00340711
-0.94%$0.108716
-0.58%$0.01290337
1.91%$0.942496
1.46%$3.01
10.13%$0.092125
2.50%$1.097
0.12%$21.15
-2.92%$0.72158
2.20%$1,982.76
0.66%Reading
Today was almost the day.
Bitcoin's price jumped above the $73,000 mark on Tuesday afternoon, coming just over $175 away from setting a new all-time high price and topping the previous peak of $73,737 set back in March. And then it fell.
Fervent crypto investors were no doubt glued to their screens this afternoon, watching as Bitcoin led the charge that ultimately lifted the broader market. After hitting $70,000 late Monday for the first time in five months, the price of BTC continued to gain on Tuesday, just one week ahead of the U.S. presidential election.
But it wasn't meant to be—at least, not yet. Bitcoin popped as high as $73,562 on Tuesday afternoon, as of this writing, according to data from CoinGecko, with top exchanges and other price aggregators similarly showing a daily peak that was approximately $200 or less than their respective all-time marks.
The Crypto Twitter reaction has been surprisingly subdued, with more prominent tweets wondering about the lack of euphoric glee (or subsequent crushing disappointment) than hyping up the moment.
BTC is like 3% away from all time high.
Where's the euphoria?
Where is everyone?
— Byzantine General (@ByzGeneral) October 29, 2024
Perhaps news of a near-miss on a Bitcoin all-time high isn't quite the head-turner it was in the past after the leading cryptocurrency finally breached its last peak in March, breaking a record set back in late 2021.
Or maybe crypto traders don't believe the moment is quite lost yet, despite some distance growing in the last hour-plus; Bitcoin is priced at $72,495 as of this writing, but still remains within striking distance of the persistent price peak.
There's been plenty of bullishness around the crypto space of late, not only due to crypto becoming an unexpected wedge issue in the U.S. election cycle, but also growing demand for Bitcoin ETFs, which started trading in January.
Just over one week until the U.S. presidential election, Bitcoin investors’ bullishness continues. After continuing to break records, the new Bitcoin exchange traded-funds (ETFs) have attracted more cash: Last week, nearly $1 billion entered funds giving investors exposure to the biggest cryptocurrency, data from European asset manager CoinShares showed Monday. The firm points to buzz from the election, as former U.S. President Donald Trump leads against current Vice President Kamala Harris in...
Bitcoin's close call Tuesday might have disappointed some fans and investors, but even a price above $72,000 beats what the leading cryptocurrency has put up for the past several months, as analysts dangle six-figure projections for the months ahead.
It didn't happen today—yet, at least. But stay tuned.
Coinbase has now overtaken two of the world's largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts. The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable companies, including Apple, Google, and Microsoft, are traded. Coinbase also surpassed the Stock Exchange of Hong Kong, the HKEX, which generated $2.67 b...
After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum. The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a filing released Thursday. "The proportion of bitcoin and ether to be held by each Trust will be based on free-float market capitalizations," the filing...
Dogecoin (DOGE) fell 12.4% in the past 24 hours as a broader market decline continues, triggered by the Federal Reserve's latest economic outlook. The meme coin has dropped to $0.31, while trading volume surged 67% to $10.25 billion as holders repositioned their bags. It's now down 35% from its 2024 high of $0.47. Despite the pullback, Dogecoin's market capitalization remains at $46.6 billion, maintaining its position as the seventh-largest crypto. Powell's hawkish comments about higher-than-exp...