The Weekly Update – Week 47

Almost no cryptos saw positive returns last week, Large Caps struggle, and bitcoin options give us indications of possible bitcoin pricing next summer. Read more in The Weekly Update by Arcane Research.

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Highlights from this week’s report:

Only 4 of the top 50 cryptos see positive returns this week
Large Caps are struggling so far in November
Bitcoin options indicate a 30% probability for bitcoin to be above $10,000 in June 2020
Bitcoin on-chain transaction value crashes down 38% this week

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