rally

According to a report by Crypto Briefing, Grayscale's research indicates that the correlation between crypto assets and Bitcoin is decreasing, with Bitcoin currently explaining only about 50% of the return volatility across various crypto sectors.The report breaks down the annualized volatility and the impact of Bitcoin-related factors by sector: the annualized volatility of the currency sector is 49%, with 43% attributed to Bitcoin; the annualized volatility of the smart contract platform sector is 58%, with 38% attributed to Bitcoin; the annualized volatility of the finance sector is 59%, with 30% attributed to Bitcoin; the annualized volatility of the utilities and services sector is 67%, with 30% attributed to Bitcoin; the annualized volatility of the consumer and culture sector is 76%, with 46% attributed to Bitcoin; the artificial intelligence sector has the highest annualized volatility at 85%, with only 35% attributed to Bitcoin.The research points out that Bitcoin's own annualized volatility has recently been around 43%, while the volatility of all sectors tracked by Grayscale is higher than that of Bitcoin. The report suggests that lower correlation does not imply lower risk, but the fact that Bitcoin explains only half of the return volatility means that the other half is driven by factors specific to each sector, providing investors with a reference for assessing which sectors can offer true diversification.

According to Gate market data, on November 6, the German DAX30 index closed down 540.55 points, a decrease of 2.05%, at 25,789.5 points. The UK FTSE 100 index fell by 109.28 points, a decrease of 1.01%, at 10,673.38 points. The French CAC40 index dropped by 66.37 points, a decrease of 0.81%, at 8,139 points.

According to Gate market data, in pre-market trading of U.S. stocks, Dow futures fell by 0.8%, S&P 500 futures rose by 0.24%, and Nasdaq 100 futures rose by 1.1%. Some chip stocks rebounded, with AMD rising by 5.3%, TSMC rising by 5.3%, NVIDIA rising by 2.9%, and Broadcom rising by 3.8%. SpaceX and Tesla rebounded by 2% and 1.4% respectively in pre-market trading.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.56%, the S&P 500 index down 0.13%, and the Nasdaq down 0.8%. The market is concerned that the U.S. "blue wave" may lead to stricter regulations on AI and data centers, causing technology stocks to weaken. Qualcomm fell 13%, AMD fell 7%, Micron Technology fell 4.9%, Tesla fell 3.5%, and SpaceX fell 4%. The Nasdaq Golden Dragon China Index rose 2.5%.

As the Democratic Party secured control of both houses in the midterm elections, this news, which was previously expected to be bearish by the market, has largely settled. The decline in global mainstream capital markets has shown improvement, with some markets turning to an upward trend. The three major U.S. stock index futures rose, with the Nasdaq 100 index futures narrowing their decline to 0.4%, having previously dropped over 2.2%. The S&P 500 index futures are currently down 0.43%, and the Dow futures are down 0.24%. Bitcoin rebounded, breaking through $78,000, currently reported at $78,006, while Ethereum also rebounded, breaking through $2,300, currently reported at $2,301.The Hong Kong Hang Seng Tech Index strengthened in the afternoon, with Semiconductor Manufacturing International Corporation leading the constituent stocks, and the Hang Seng Index is currently up 0.81%. The A-share Sci-Tech Innovation 50 Index rose over 5% in the afternoon, the ChiNext Index rose over 4%, Northern Huachuang and Tuojing Technology rose over 10%, and several Sci-Tech semiconductor ETFs rose over 10%, with semiconductor equipment ETFs such as Guangfa reaching the daily limit. The South Korean KOSPI Index turned positive, erasing a previous decline of up to 4%. Spot gold's daily increase expanded to 1%, breaking through $3,970 per ounce, while spot silver rose over 2% during the day, currently reported at $50.79 per ounce.

U.S. stock index futures rose on Monday, led by technology stocks. The drop in oil prices provided the market with a breather, following a dismal week for artificial intelligence investment trading.Investors are focused on potential market catalysts this week, including October manufacturing data, Apple Inc.'s earnings report, and the U.S. midterm elections. Morgan Stanley strategist Mike Wilson believes the market adjustment is entering its final phase, with improved market breadth.

Binance founder Zhao Changpeng stated that the recovery work for token assets seems to have begun.He added that users pay transaction fees in the currency they are trading when using Binance, so Binance will naturally accumulate various tokens that it lists.Zhao Changpeng also emphasized: "User funds are safe!"

According to Gate market data, on October 19, the German DAX30 index closed down 302.43 points, a decrease of 1.18%, at 25,320.18 points; the UK FTSE 100 index fell 118 points, a decrease of 1.08%, at 10,763.9 points; the French CAC40 index dropped 88.65 points, a decrease of 1.11%, at 7,868.05 points; the Euro Stoxx 50 index fell 57.38 points, a decrease of 0.92%, at 6,146.85 points; the Spanish IBEX35 index decreased by 290.38 points, a decrease of 1.5%, at 19,035.92 points; the Italian FTSE MIB index dropped 763.68 points, a decrease of 1.53%, at 49,093.5 points.

CryptoQuant founder Ki Young Ju posted on X that despite the market's attention on the adjustments to MSCI-related rules, Wall Street analysts remain generally bullish on Strategy. He noted that Citigroup, Barclays, and B. Riley have set target prices for MSTR at $240, $175, and $195 respectively, with an overall upward trend in target prices.He believes that the impact related to MSCI is primarily at the level of capital flow and has already been priced in by the market. He further stated that what is more noteworthy is that the market capitalization of Strategy compared to the net asset value of Bitcoin (mNAV) is about 1 times, the STRC price remains near par value, and the company holds $3.75 billion in reserve funds to cover dividend payments.

CFTC Chairman Michael Selig stated in an interview with CNBC yesterday that under its proposed rules, only federally regulated cryptocurrency trading platforms will be able to offer leveraged trading. "States can only provide money transmission services, and the 100x leverage commonly seen outside the United States has never been allowed in the U.S., and this time will be no exception."Previously, the U.S. Commodity Futures Trading Commission (CFTC) proposed two new rules on Monday, aiming to establish a regulatory framework for U.S. cryptocurrency based on its authority to regulate leverage and margin trading, to fill the regulatory uncertainty left by Congress's failure to complete cryptocurrency legislation.

According to Gate market data, the German DAX30 index closed up 301.79 points on October 2, an increase of 1.21%, at 25,241.14 points. The UK FTSE 100 index rose by 31.68 points, an increase of 0.3%, at 10,459.95 points. The French CAC40 index increased by 61.88 points, an increase of 0.79%, at 7,897.19 points.

The yield on the 2-year U.S. Treasury bond fell by 7.28 basis points during the day, reporting at 4.814%. The 10-year yield dropped by 2.07 basis points, reporting at 5.272%. The 20-year yield decreased by 1.19 basis points, reporting at 5.674%. The yield on the 30-year Treasury bond fell by 0.58 basis points, reporting at 5.633%.

According to Gate market data, U.S. stocks opened with the Dow Jones down 0.19%, the S&P 500 index down 0.51%, and the Nasdaq down 0.75%. SK Hynix fell 2%, ASML fell 2%, Intel fell 1.8%, Micron Technology fell 1.7%, and Oracle fell 5.3%.

According to Gate market data, U.S. stocks opened lower, with the Dow Jones down 0.18%, the S&P 500 index down 0.11%, and the Nasdaq down 0.13%. SK Hynix fell 1.43%, ASML fell 0.58%, Alibaba fell 3.71%, and SpaceX fell 1.3%.

During the traditional market's weekend closure, the perpetual contract types of stocks in the exchange may have already priced in the market conditions. According to RootData, cryptocurrency concept stocks have generally surged significantly in pre-market trading:Strategy (MSTR) contract is currently priced at $162.81, up 5.78% from the last trading day's official closing price of $153.92;Coinbase (COIN) contract is currently priced at $201.47, up 3.72% from the last trading day's official closing price of $194.25;Circle (CRCL) contract is currently priced at $95.06, up 3.57% from the last trading day's official closing price of $91.78;Robinhood (HOOD) contract is currently priced at $123.95, up 3.45% from the last trading day's official closing price of $119.82;AMD (AMD) contract is currently priced at $577.46, up 3.15% from the last trading day's official closing price of $559.82;Micron Technology (MU) contract is currently priced at $1,040.67, up 2.45% from the last trading day's official closing price of $1,015.80;Meta (META) contract is currently priced at $682.04, up 2.45% from the last trading day's official closing price of $665.75;Tesla (TSLA) contract is currently priced at $370.73, up 1.77% from the last trading day's official closing price of $364.27;SanDisk (SNDK) contract is currently priced at $1,821.27, up 1.64% from the last trading day's official closing price of $1,791.82;NVIDIA (NVDA) contract is currently priced at $224.96, up 1.21% from the last trading day's official closing price of $222.27;

According to SoSoValue data, the Federal Reserve's interest rate hike has landed, and the cryptocurrency market has generally rebounded, with the PayFi sector performing strongly, rising 5.03% in 24 hours. Among them, Zcash (ZEC) increased by 23.28%, and Dash (DASH) rose by 17.21%. Meanwhile, Bitcoin (BTC) increased by 1.28%, breaking through $76,000; Ethereum (ETH) rose by 1.63%, fluctuating narrowly around the $2,400 mark.In other sectors, the Layer2 sector rose by 4.91% in 24 hours, with Lisk (LSK) increasing by 31.79%; the Layer1 sector rose by 3.71%, with NEAR Protocol (NEAR) increasing by 14.64%; the DeFi sector rose by 3.49%, with Bedrock Token (BR) increasing by 177.57%; the Meme sector rose by 1.97%, with Bulla (BULLA) increasing by 46.68%; the CeFi sector rose by 1.96%, with Aster (ASTER) increasing by 5.77%.The GameFi sector, which saw a significant rise yesterday, is experiencing a correction, falling by 8.1% in 24 hours, with Akedo (AKE) dropping by 32.24%. The cryptocurrency sector index reflecting the historical performance of the sector shows that the ssiAI, ssiLayer2, and ssiDeFi indices rose by 6.02%, 4.98%, and 3.77%, respectively.

According to Gate market data, during the Asian trading session, most Asian currencies weakened. The yield on the 10-year U.S. Treasury bond surged above 5%, closing at 4.96%. Analysts pointed out that the rise in yields was driven by inflation concerns and high oil prices. The U.S. dollar rose 0.3% against the Japanese yen to 154.82, the U.S. dollar rose 0.45% against the South Korean won to 1,353.14, and the Australian dollar fell 0.15% against the U.S. dollar to 0.7126.

According to Gate market data, on September 9, the German DAX30 index closed down 408.73 points, a decrease of 1.57%, at 25,584.19 points; the UK FTSE 100 index fell 142.34 points, a decrease of 1.32%, at 10,669.32 points; the French CAC40 index dropped 161.31 points, a decrease of 1.94%, at 8,156.67 points.

During the weekend market closure of traditional markets, perpetual contract types of stocks may have already priced in the stock market trends. According to RootData, most popular stocks are above the last after-hours levels:Semiconductor Triple Long ETF (SOXL) is currently at $125.65, up 7.59% from the last trading day's after-hours reference price of $116.79;SanDisk (SNDK) is currently at $1,785.09, up 3.07% from the last trading day's after-hours reference price of $1,731.88;Micron Technology (MU) is currently at $1,043.54, up 2.84% from the last trading day's after-hours reference price of $1,014.74;iShares Semiconductor ETF (SOXX) is currently at $532.09, up 2.62% from the last trading day's after-hours reference price of $518.48;Intel (INTC) is currently at $98.16, up 2.46% from the last trading day's after-hours reference price of $95.80;SK Hynix (SKHY) is currently at $179.44, up 2.08% from the last trading day's closing reference price of $175.78;VanEck Semiconductor ETF (SMH) is currently at $578.73, up 2.06% from the last trading day's after-hours reference price of $567.05;SpaceX (SPCX) is currently at $150.54, up 1.87% from the last trading day's after-hours reference price of $147.78;IREN (IREN) is currently at $43.96, down 1.59% from the last trading day's after-hours reference price of $44.67;AMD (AMD) is currently at $483.59, up 1.58% from the last trading day's after-hours reference price of $476.08;