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SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5728.80
+23.35
+ 0.41%
5772.52
5723.22
18239.91
+144.76
+ 0.80%
18363.94
18181.53
42052.18
+288.71
+ 0.69%
42326.31
41869.82
104.200
+0.420
+ 0.40%
104.220
103.540
1.08314
-0.00514
-0.47%
1.09052
1.08312
1.29126
+0.00148
+ 0.11%
1.29797
1.28838
2736.28
-7.52
-0.27%
2762.13
2733.10
69.102
-1.166
-1.66%
71.154
69.084
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[Lu Lei Of The Central Bank: The Closer Bitcoin Is To Assets, The Farther It Is From Widely Circulated Currency] Lu Lei, Deputy Governor Of China's Central Bank, Said In The Preface To "Theory Of Money" That The Urgent Problem Facing Major Developed Economies Is To "save The Central Bank From The Hands Of Central Bankers". Although This Idea Is By No Means The Current Central Bank Digital Currency (CBDC), Because I Believe That CBDC Has No Institutional Meaning Of Changing The Monetary Increment, Is There A Digital Currency That Can Overcome The Impact Of Various Digital Assets, Achieve The Stable Currency Effect, And Maintain The Existence Of Sovereign Currency (solving The Problem Of Monetary Unification But Fiscal Decentralization Of The Euro)? At Present, Digital Assets Are Following The Old Path Of The Gold Standard, And The Concept Of Stable Currency Is Nothing More Than A Realistic Formulation Of The "soft Version" Of The Optimal Currency Area Theory. In The Field Of Prediction And Practice Of Monetary Economics, There Are Two People Who Deserve High Respect - Robert Mundell, Who Just Passed Away, And Satoshi Nakamoto, Who Is Still Unknown. The Latter Watched The Bitcoin He Created Evolve Into An Extremely Expensive Digital Asset. At Present, The Energy Consumed By The World To Mine The Last 2 Million Coins Each Year Is Enough For Hundreds Of Millions Of People To Use For More Than A Year. According To The Marginal Cost Pricing Method, The Closer Bitcoin Is To An Asset, The Further It Is From A Widely Circulated Currency

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[QCP: The Bearish Tendency Of BTC And ETH Continues To Rise, And The Election May Reproduce The "good News Is Exhausted" Market] QCP Released A Weekend Summary Saying That Thursday's Core PCE Data Was Slightly Higher Than Expected (actual Year-on-Year Growth Of 2.7%, Expected To Be 2.6%). In Contrast, Friday's Non-farm Payrolls (NFP) Data Was Unexpectedly Lower Than Expected (actual 12,000, Expected To Be 110,000), Causing The US Dollar Index (DXY) To Rebound And Return To The 104 Level. Bitcoin Hit An All-time High On Tuesday Night, Trading As High As 73.6k, And The Market's Expectations For The Election Week Drove This Performance. Although Bitcoin Performed Well This Week, Ethereum Was Relatively Flat And Failed To Break Through The 2.7k Mark. Against The Backdrop Of Strong ETF Fund Inflows, Bitcoin Had A Net Inflow Of More Than $2.1 Billion This Week. Although Bitcoin Fell Below $69,000 On Friday, We Still See Strong Interest In The Market, With Total Open Positions In BTC Futures And BTC Options Remaining At Highs Of $40.65 Billion And $25.3 Billion, Respectively. Short-term Implied Volatility For BTC And ETH Remains Above 72 Volatility Heading Into The Upcoming Election Week, With The Skew Of Put Options Rising As Traders Increase Their Efforts For Downside Protection. Although Trump Is Considered The Favorite To Be The Next US President, Trump's Odds On Polymarket Have Fallen From A High Of 66% To 57%, While Harris's Support Rate Is 43%. Regardless Of The Outcome, We Believe The Election Will Reproduce The "good News Is Out" Market, Similar To What Happened After The Nashville Bitcoin Conference

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