Analysis: If the suspense of the US election is too high, the volatility of the cryptocurrency market will also increase accordingly

According to the popularity ranking, MASK's popularity and attention remain the same as yesterday, ranking first. The popularity ranking is as follows: ① MASK （$2.67，-6.32%） ② DOGE （$0.1604，1.20%） ③ ETH （$2503.43，0.02%） ④ TIA （$4.57，-3.99%） ⑤ SOL （$166.84，0.37%） The selling power of MASK's main funds is weak, with a net outflow of $5.1838 million in 24 hours and a transaction volume of $543 million in 24 hours, of which the net outflow of the main funds is $69.06 million.

Odaily Planet Daily News: QCP Capital released a weekend summary report, which pointed out that Thursday's core PCE data was slightly higher than expected, while Friday's non farm payroll data unexpectedly fell, causing the US dollar index to rebound and recover from the 104 level. The net inflow of BTC this week exceeded $2.1 billion. BlackRock's IBIT daily net inflow reached $872 million, the largest daily net inflow since its launch in January. Despite Bitcoin falling below $69000 on Friday, market interest remains strong, with total open positions in BTC futures and BTC options remaining at high levels of $40.65 billion and $25.3 billion, respectively. Although Trump is expected to become the next President of the United States, the betting rate on him has dropped significantly from Polymarket's high of 66% to 57% and 43%, respectively. In the upcoming election week, the short-term implied volatility of BTC and ETH remains above 72 volatility, and as traders increase their efforts to protect against downturns, the tilt of put options continues to rise.

Odaily Planet Daily News: According to Arkham monitoring, approximately 18 hours ago, the Bitwise Bitcoin ETF transferred a total of 2501 BTC worth nearly $175 million from two unknown addresses.

Zhu Su, founder of Three Arrows Capital, posted on X platform that a subtle view on why cryptocurrency venture capital firms invest in infrastructure rather than cryptocurrency applications is that good applications do not require or benefit from venture capital funding (especially large-scale financing rounds) because they can achieve net profits very quickly and have lower construction costs.

Odaily Planet Daily News: According to official announcements, Upbit announced that due to node synchronization issues, Risk (LSK), Brett (BRETT), and CARV recharge and withdrawal will be temporarily suspended. In addition, Plian (PI) is an asset that Upbit no longer supports trading and does not support recharging. Its withdrawals will be suspended. Upbit stated that it will restore support for related deposit and withdrawal after confirming stability.