In today’s briefing:
- BTC Market Share Hits 2-Year High
BTC Market Share Hits 2-Year High
- Price Movements: In 7 out of the last 10 years, BTC has closed October in-the-green. As of this weekend, it is up slightly for the month with one week to go.
- Market Liquidity: BTC’s market share of volume vs. all other altcoin trading pairs has climbed to its highest level in two years.
- Derivatives: OI for Tether perpetual futures dropped and funding rates flipped positive since the stablecoin issuer removed commercial paper from its reserves.
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