Greeks.live: The recent cryptocurrency market has been rather dull, with investors' attention being diverted to other investment products

Bitget2024/10/09 02:51

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Adam, a macro analyst at Greeks.live, posted on X saying: "The HBO documentary 'Who is Satoshi Nakamoto' will premiere later. The leaked clips suggest that Bitcoin core developer Peter Todd might be Satoshi Nakamoto (Note: I deny this). Recently, the crypto market has been rather dull and investors' attention has been diverted to other investments. BTC is known for its high volatility, but since October, the volatility of BTC has obviously been surpassed by many investment targets. The main IV in October has approached 40%, and the market's expectation of volatility is very low. However, looking back at the trends over recent years, late October always marks the start of a bull market; this year there are also factors like U.S elections and dollar interest rate cuts."

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