Bitcoin dropped to $66,822 early this morning, returning to the consolidation zone low at the end of October, and Ethereum also fell below $2,400. As the US presidential election and the Fed interest rate policy approaches, investors are requested to be aware of potential volatility.
Bitcoin was unable to continue to rise after reaching a high of around $69,500 yesterday. It began a new wave of decline after 00:00 today (5), with the lowest pin of $66,822, returning to the consolidation zone low at the end of October.
The writer is currently rebounding. At one point, it briefly broke through 0.068 million US dollars. Currently, it is temporarily reported at $67,703. The decline has narrowed to 1.52% in the past 24 hours. As for the reason for this wave of decline, it is speculated that investors chose to take risks before the US presidential election and the Fed will announce the interest rate policy.
As for the Ethereum portion, the lowest pin in the early morning was $2,357. Currently, it is tentatively reported at $2,384, a decrease of 3.2% in the past 24 hours.
The entire network sold out $0.211 billion in the past 24 hours
In the Bitcoin market fluctuated and declined, according to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidated positions exceeded 0.21 billion US dollars (bulls accounted for 0.157 billion US dollars), and more than 0.083 million people were liquidated.
The four major US indices fell
The four major US stock indices also fell at the close of trading on Monday. However, in the intraday period, Huida rose 1.4 percent and reached a market capitalization of 3.36 trillion US dollars, once again surpassing Apple to the top position in global market capitalization, but it was reversed again soon after.
The Dow Jones Industrial Average fell 257.59 points, or 0.61%, to close 41794.60 points
The S&P Index fell 16.11 points, or 0.28%, to close 5712.69 points
The Nasdaq index fell 59.94 points, or 0.33%, to close at 18179.98 points
The Philadelphia Semiconductor Index fell 27.43 points, or 0.55%, to close 4973.99 points
The probability that the Federation will cut interest rates by one code is 99.5%
According to the CME Fed Watch tool, the market currently believes that the probability of cutting interest rates by 1 yard this month will rise again to 99.5%, and the chance of cutting interest rates by 2 yards is 0.5%. No one believes that the Fed will continue to keep interest rates unchanged.