10x Research: Bitcoin and altcoins welcome a surge, market FOMO sentiment returns
10x Research stated that since the Federal Reserve cut interest rates in September, Bitcoin has risen by 5%, Ethereum has increased by 11%, and some altcoins have shown astonishing performance: ENA rose by 54%, SEI rose by 51%, Shiba Inu rose by 36%. The market expects Bitcoin to quickly rise to $70,000 and is expected to set a new historical high. With the acceleration of stablecoin issuance, market sentiment has significantly warmed up.
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