• bitcoinBitcoin (BTC) $ 97,110.00
  • ethereumEthereum (ETH) $ 3,389.50
  • tetherTether (USDT) $ 0.999636
  • xrpXRP (XRP) $ 2.24
  • bnbBNB (BNB) $ 667.19
  • solanaSolana (SOL) $ 186.07
  • dogecoinDogecoin (DOGE) $ 0.323834
  • usd-coinUSDC (USDC) $ 0.999356
  • staked-etherLido Staked Ether (STETH) $ 3,384.30
  • cardanoCardano (ADA) $ 0.917421
  • tronTRON (TRX) $ 0.246075
  • avalanche-2Avalanche (AVAX) $ 38.92
  • chainlinkChainlink (LINK) $ 22.83
  • wrapped-stethWrapped stETH (WSTETH) $ 4,054.69
  • the-open-networkToncoin (TON) $ 5.33
  • suiSui (SUI) $ 4.64
  • shiba-inuShiba Inu (SHIB) $ 0.000022
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,823.00
  • hyperliquidHyperliquid (HYPE) $ 33.34
  • polkadotPolkadot (DOT) $ 7.17
  • stellarStellar (XLM) $ 0.363044
  • hedera-hashgraphHedera (HBAR) $ 0.258075
  • wethWETH (WETH) $ 3,405.65
  • bitcoin-cashBitcoin Cash (BCH) $ 452.66
  • leo-tokenLEO Token (LEO) $ 9.27
  • uniswapUniswap (UNI) $ 13.37
  • pepePepe (PEPE) $ 0.000018
  • litecoinLitecoin (LTC) $ 100.08
  • wrapped-eethWrapped eETH (WEETH) $ 3,575.77
  • nearNEAR Protocol (NEAR) $ 5.19
  • ethena-usdeEthena USDe (USDE) $ 0.999198
  • bitget-tokenBitget Token (BGB) $ 4.16
  • aptosAptos (APT) $ 10.13
  • usdsUSDS (USDS) $ 1.00
  • internet-computerInternet Computer (ICP) $ 10.41
  • aaveAave (AAVE) $ 310.73
  • crypto-com-chainCronos (CRO) $ 0.161131
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.482143
  • mantleMantle (MNT) $ 1.18
  • ethereum-classicEthereum Classic (ETC) $ 26.46
  • render-tokenRender (RENDER) $ 7.33
  • vechainVeChain (VET) $ 0.046441
  • mantra-daoMANTRA (OM) $ 3.87
  • moneroMonero (XMR) $ 192.00
  • whitebitWhiteBIT Coin (WBT) $ 24.37
  • bittensorBittensor (TAO) $ 470.85
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.31
  • daiDai (DAI) $ 0.999742
  • ethenaEthena (ENA) $ 1.12
  • arbitrumArbitrum (ARB) $ 0.772166
  • kaspaKaspa (KAS) $ 0.121836
  • filecoinFilecoin (FIL) $ 5.02
  • fantomFantom (FTM) $ 1.03
  • algorandAlgorand (ALGO) $ 0.339182
  • okbOKB (OKB) $ 45.01
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.64
  • cosmosCosmos Hub (ATOM) $ 6.72
  • blockstackStacks (STX) $ 1.73
  • ondo-financeOndo (ONDO) $ 1.73
  • optimismOptimism (OP) $ 1.82
  • immutable-xImmutable (IMX) $ 1.41
  • bonkBonk (BONK) $ 0.000032
  • celestiaCelestia (TIA) $ 5.11
  • movementMovement (MOVE) $ 0.990385
  • theta-tokenTheta Network (THETA) $ 2.18
  • injective-protocolInjective (INJ) $ 21.36
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,401.68
  • the-graphThe Graph (GRT) $ 0.213230
  • dogwifcoindogwifhat (WIF) $ 2.03
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,076.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029790
  • sei-networkSei (SEI) $ 0.439398
  • worldcoin-wldWorldcoin (WLD) $ 2.26
  • thorchainTHORChain (RUNE) $ 5.13
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,497.56
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995439
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,808.10
  • flokiFLOKI (FLOKI) $ 0.000172
  • jasmycoinJasmyCoin (JASMY) $ 0.033964
  • gatechain-tokenGate (GT) $ 13.07
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,556.50
  • lido-daoLido DAO (LDO) $ 1.73
  • galaGALA (GALA) $ 0.036470
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.92
  • flare-networksFlare (FLR) $ 0.027217
  • makerMaker (MKR) $ 1,658.61
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,755.00
  • beam-2Beam (BEAM) $ 0.027663
  • fasttokenFasttoken (FTN) $ 3.32
  • usual-usdUsual USD (USD0) $ 0.997654
  • the-sandboxThe Sandbox (SAND) $ 0.573068
  • pyth-networkPyth Network (PYTH) $ 0.375251
  • nexoNEXO (NEXO) $ 1.35
  • kucoin-sharesKuCoin (KCS) $ 11.16
  • tezosTezos (XTZ) $ 1.31
  • kaiaKaia (KAIA) $ 0.224584
  • based-brettBrett (BRETT) $ 0.131837
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,076.00
  • raydiumRaydium (RAY) $ 4.44
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,495.74
  • eosEOS (EOS) $ 0.818370
  • heliumHelium (HNT) $ 6.87
  • binance-staked-solBinance Staked SOL (BNSOL) $ 191.55
  • ethereum-name-serviceEthereum Name Service (ENS) $ 35.49
  • aerodrome-financeAerodrome Finance (AERO) $ 1.62
  • jupiter-exchange-solanaJupiter (JUP) $ 0.848602
  • xdce-crowd-saleXDC Network (XDC) $ 0.076470
  • flowFlow (FLOW) $ 0.716150
  • starknetStarknet (STRK) $ 0.489846
  • arweaveArweave (AR) $ 16.32
  • bitcoin-svBitcoin SV (BSV) $ 54.16
  • dydx-chaindYdX (DYDX) $ 1.49
  • aioz-networkAIOZ Network (AIOZ) $ 0.939549
  • iotaIOTA (IOTA) $ 0.297638
  • bittorrentBitTorrent (BTT) $ 0.000001
  • msolMarinade Staked SOL (MSOL) $ 232.38
  • curve-dao-tokenCurve DAO (CRV) $ 0.822260
  • coredaoorgCore (CORE) $ 1.10
  • neoNEO (NEO) $ 14.21
  • axie-infinityAxie Infinity (AXS) $ 6.34
  • elrond-erd-2MultiversX (EGLD) $ 35.12
  • matic-networkPolygon (MATIC) $ 0.483199
  • decentralandDecentraland (MANA) $ 0.485055
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,171.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,459.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,392.30
  • pendlePendle (PENDLE) $ 5.21
  • zcashZcash (ZEC) $ 53.37
  • apecoinApeCoin (APE) $ 1.17
  • fartcoinFartcoin (FARTCOIN) $ 0.824912
  • eigenlayerEigenlayer (EIGEN) $ 3.86
  • mog-coinMog Coin (MOG) $ 0.000002
  • jito-governance-tokenJito (JTO) $ 2.99
  • chilizChiliz (CHZ) $ 0.086688
  • akash-networkAkash Network (AKT) $ 3.23
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,384.63
  • ai16zai16z (AI16Z) $ 0.696531
  • conflux-tokenConflux (CFX) $ 0.162042
  • wormholeWormhole (W) $ 0.273922
  • popcatPopcat (POPCAT) $ 0.760798
  • usddUSDD (USDD) $ 0.997808
  • mina-protocolMina Protocol (MINA) $ 0.619411
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 200.53
  • spx6900SPX6900 (SPX) $ 0.780447
  • compound-governance-tokenCompound (COMP) $ 81.92
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,379.32
  • roninRonin (RON) $ 1.92
  • superfarmSuperVerse (SUPER) $ 1.57
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.37
  • havvenSynthetix Network (SNX) $ 2.07
  • ecasheCash (XEC) $ 0.000035
  • gnosisGnosis (GNO) $ 263.98
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006721
  • chiaChia (XCH) $ 21.24
  • dydxdYdX (ETHDYDX) $ 1.49
  • zksyncZKsync (ZK) $ 0.180778
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.324328
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 96,526.00
  • amp-tokenAmp (AMP) $ 0.007858
  • notcoinNotcoin (NOT) $ 0.006424
  • axelarAxelar (AXL) $ 0.751177
  • chex-tokenCHEX Token (CHEX) $ 0.658429
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.649530
  • tether-goldTether Gold (XAUT) $ 2,626.64
  • fraxFrax (FRAX) $ 0.994096
  • layerzeroLayerZero (ZRO) $ 5.72
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,557.08
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000112
  • reserve-rights-tokenReserve Rights (RSR) $ 0.011277
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,686.70
  • grassGrass (GRASS) $ 2.42
  • turboTurbo (TURBO) $ 0.008436
  • usualUsual (USUAL) $ 1.26
  • vanaVana (VANA) $ 18.62
  • safeSafe (SAFE) $ 1.09
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006379
  • ordinalsORDI (ORDI) $ 26.76
  • super-oethSuper OETH (SUPEROETHB) $ 3,402.32
  • oasis-networkOasis (ROSE) $ 0.083043
  • echelon-primeEchelon Prime (PRIME) $ 10.94
  • blurBlur (BLUR) $ 0.265356
  • 1inch1inch (1INCH) $ 0.392770
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.30
  • beldexBeldex (BDX) $ 0.077428
  • susdssUSDS (SUSDS) $ 1.02
  • paypal-usdPayPal USD (PYUSD) $ 0.999381
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,297.00
  • creditcoin-2Creditcoin (CTC) $ 1.27
  • pax-goldPAX Gold (PAXG) $ 2,623.28
  • dexeDeXe (DEXE) $ 9.03
  • apenftAPENFT (NFT) $ 0.00000052
  • pumpbtcpumpBTC (PUMPBTC) $ 96,065.00
  • livepeerLivepeer (LPT) $ 13.89
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.507086
  • gigachad-2Gigachad (GIGA) $ 0.052223
  • nervos-networkNervos Network (CKB) $ 0.010945
  • arkhamArkham (ARKM) $ 1.50
  • kusamaKusama (KSM) $ 31.38
  • true-usdTrueUSD (TUSD) $ 0.999789

Gold Hits All-Time High While Bitcoin Struggles : Is Crypto Bull Run Over?

0 46

At present, the price of Bitcoin stands at $58,027.33. In the last 30 days, the price has seen a fall of at least 1.9%. Meanwhile, Gold has hit a new all-time high of 2,518.86 USD/oz. The data reveals a negative correlation between Gold and Bitcoin. Let’s dive deeper for more interesting details!

Bitcoin Bear Market Persists

CryptoQuant’s Bull-Bear Market Cycle indicator shows that the Bitcoin market is currently going through a bearish phase. The MVRV ratio also indicates a similar trend, as the ratio has stayed below its 365-day moving average since August 26.

A CryptoQuant report states that Bitcoin long-term holders are spending their holdings at lower profit margins. The report also mentions that the LTH SOPR ribbons, which track spending patterns, have been trending downwards since late July.

The insights from the report also support the idea that Bitcoin is in a bearish phase and its price is likely to decline further. However, some experts are focusing on bitcoin price predictions to assess whether the market will rebound soon.

Gold Hits All-Time High While Bitcoin Struggles : Is Crypto Bull Run Over?

Bitcoin and Gold Decouple

The data reveals a negative correlation between Bitcoin and Gold. While Bitcoin has dropped in value, Gold has reached record highs. Is this an indication that investors are switching to safer assets like gold and ditching risky assets like Bitcoin?

In conclusion, if the new trend is an indication of investors choosing Gold over Bitcoin due to risk concerns, it could have a long-term impact on the crypto industry. Thus, it is important to keep an eye on the trend

Read Also: Is Bitcoin and Crypto Losing Importance for Donald Trump and Kamala Harris? What’s Next for 93 Million Crypto Users in America?

Source

Leave A Reply

Your email address will not be published.