Hot topics on October 19
Web3 hot topics on October 19
1. BTC is only 7.86% away from its previous high, and ETH is 84% away from its previous high
Based on Bitcoin's current price of $68,400, it is only about 7.86% away from its previous high of $73,777. Based on Ethereum's current price of $2,645, it is about 84% away from its previous high of $4,868.
2. Cryptocurrency support committees spend about $1.3 million
Voting for the 2024 election has begun in many parts of the United States, and cryptocurrency-supported political action committees (PACs) report that they have spent about $1.3 million to support Democratic and Republican House candidates.
3. 75% of Bitcoin buyers are new cryptocurrency fans on Wall Street
The head of BlackRock ETFs said that 75% of BTC buyers are new fans on Wall Street. Samara Cohen, head of BlackRock ETF and index investments, said that investors' demand for Bitcoin is mainly obtained through investment tools such as ETFs, rather than directly purchased on crypto exchanges.
4. Musk promotes Trump, DOGE price soars
On October 19, Musk once again "called" Dogecoin (DOGE) in a speech in Pennsylvania to promote Donald Trump's presidential campaign, causing the price of the meme coin to soar 15% in 24 hours.
5. Trump's winning rate is positively correlated with BTC price
Monad growth director Intern posted on the X platform that the Trump winning rate curve on Polvmarket is highly positively correlated with the Bitcoin price trend.
