Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Matrixport: Bitcoin FOMO Returns and May Reach $45,000 by the End of the Year

Matrixport: Bitcoin FOMO Returns and May Reach $45,000 by the End of the Year

CointimeCointime2023/10/24 05:15
By:Cointime

On October 24th, encrypted service provider Matrixport stated that the Bitcoin futures funding rate is abnormally high, indicating that many traders are panic-buying Bitcoin and FOMO sentiment is returning. Bitcoin's market share has reached 52.1%, and in the past 24 hours, Bitcoin's trading volume has increased significantly to $29 billion.

Matrixport stated that they set a target for Bitcoin's price at the end of 2023 at $45,000 as early as the beginning of this year. Previously, on September 20th, Matrixport predicted in a report that October would be a particularly strong month for Bitcoin, emphasizing that the average return rate for October is 20%.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

[Initial listing] Bitget to list MAGNE.AI (MHA)

Bitget Announcement2026/09/16 12:00

CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT

Bitget Announcement2026/09/15 10:00

CandyBomb x MCAT: Trade to share 60,000 USDT

Bitget Announcement2026/09/14 10:00

8 years of companionship, the story continues.

Bitget Announcement2026/09/14 06:01