Plans for China Disappoint, BTC in Decline

CoinDesk 20 Index: 1,929.84 -0.85%Bitcoin (BTC): $62,503.74 -0.55%Ether (ETH): $2,433.31 -0.78% S&P 500: 5,695.94 -0.96%Gold: $2,646.96 +0.14%Nikkei 225: 38 ,937.54 -1%

Bitcoin (BTC) fell in Asian morning hours, while the September rally in Chinese stocks faded as investors returned to the market after a week-long holiday.

Bitcoin has fallen to $62,000 lately. Among the major tokens, Solana’s SOL, ether (ETH), XRP and BNB fell by up to 4 percent, erasing the gains recorded yesterday. The broad CoinDesk 20 (CD20) Index, which tracks the largest tokens by market cap, lost 2.18 percent.

Ether (ETH) exchange-traded funds (ETFs) in the US recorded zero flows for the second time since their listing in July, according to data obtained by SoSoValue.

Bitcoin (BTC) ETFs saw the highest inflow since September 27, gaining a net value of $ 235.2 million. Fidelity’s product FBTC led the gains with $103.7 million, while BlackRock’s fund IBIT raised $97.9 million. In contrast, nine ether ETFs recorded zero flows in either direction as on August 30.

It is said that the identity of Satoshi Nakamoto will be revealed in the documentary “Money Electric: Bitcoin Mystery”, which will be broadcast on HBO, and there is a significant disagreement among Polymarket bettors about who Satoshi is.

Although the probability that this person was Len Sassaman was initially as high as 55%, this rate dropped to 7.5% after Sassaman stated in an interview with his wife that the rumors were not true. The most supported option on Polymarket is currently the “Other/Multiple people” category with 65%. The other prominent candidate is Nick Szabo with 12.5%. The program will be broadcast on Tuesday evening at 23:00 in the UTC time zone and at 02:00 UTC on Wednesday.

The chart shows the weekly candlestick chart of the privacy-focused cryptocurrency monero (XMR) since mid-2021.Cryptocurrency exchange Kraken recently delisted XMR/USD and XMR/EUR on October 31 to comply with regulatory and compliance obligations. He stated that he will quit.Source: TradingView