The cryptocurrency market kicked off October in the green, with bitcoin rising above the $28,000 mark and ether nearing the $1,700 mark.
Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroEther briefly broke above the $1,700 level for the first time since August.Learn more about Access Protocol
However, data from The Block showed that since September 18, bitcoin's correlation metric has not exceeded 0.2 or -0.2, indicating essentially no correlation between the digital asset and major equity indices.became available to investors on Monday. These are the first ETFs to be established based on ether futures, arriving nearly two years after the debut of the first bitcoin futures ETF.
Additionally, he pointed out that investors will be reminded of crypto's vulnerabilities as the"Sam Bankman-Fried trial will soon make its way into mainstream headlines."
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