Highlights from this week’s report:
- Mixed price action, while BTC-GOLD correlation approaches yearly high
- Are we witnessing a trend shift in the bitcoin market?
- No indications of higher prices in October for bitcoin
- Total value locked (ETH) in DeFi hits all-time high
Other analysis from Arcane Research:
- Bitcoin’s market dominance is above 90%
- Bitcoin price falls on average 2% ahead of futures contracts on CME being settled
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