Anuncios Gate Research: Market Pulls Back Amid Rising Volatility at High Level, Bitcoin Surpasses Silver as 8th Largest Global Asset

Gate Research: Market Pulls Back Amid Rising Volatility at High Level, Bitcoin Surpasses Silver as 8th Largest Global Asset

2024-11-13 09:41:37 UTC 2825 Leído

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/1731511015twi_en.jpg)

**Gate Research Daily Report (November 13):**Bitcoin (BTC) experienced a short-term price correction after reaching new highs, with increased volatility due to profit-taking. This may lead to a period of consolidation in the market. Investors are increasingly optimistic that Bitcoin will break the $100,000 mark by the year-end, with strong bullish sentiment evident in the options market. Bitcoin has also surpassed silver to become the 8th largest asset globally by market capitalization. On the Ethereum front, Ethereum Foundation researcher Justin Drake proposed a consensus layer upgrade called Beam Chain, designed to improve scalability and performance. Additionally, the Solana Radar Hackathon revealed its winning projects, highlighting the innovative development within the Solana ecosystem.

**Market Analysis**: BTC prices experienced a short-term pullback from recent highs, with profit-taking causing heightened volatility in the near term. The market may enter a consolidation phase going forward.
**Top Performers**: In the past 24 hours, the top-performing altcoins were DOGE, TON, and MVL, with single-day gains of approximately 96.7%, 63.5%, and 43.56%, respectively.
**Data Highlights**: Investors are betting on Bitcoin breaking $100,000 by the end of the year, as bullish sentiment surges in the options market.
**Spotlight Analysis**: ZetaChain has partnered with Google Cloud to accelerate innovation in universal blockchain and Web3 technologies.
**Market Opportunities**: Cytonic, an L1 blockchain execution layer supporting multiple virtual machines running on a single network with shared storage, has launched a six-month points program to build momentum for its upcoming mainnet release.
Explore today's details 👉🏻 Gate Research: Market Pulls Back Amid Rising Volatility at High Level, Bitcoin Surpasses Silver as 8th Largest Global Asset

**Gate Research** 
Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Click the [Link](https://www.gate.io/learn/topics?category=Research&page=1&sort=updated_at) to learn more

<sp>
**Gateway to Crypto**
Trade over 2,700 cryptocurrencies safely, quickly, and easily on Gate.io

Visit our  [Official Website](https://www.gate.io/activities/gate-collaborates-with-inter-milan "Official Website") >>>
Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") now>>>
Follow us on [Gate.io X (Twitter)](https://x.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>>
Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>>
Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>>
We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>>
[Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from [referrals](https://www.gate.io/referral "referrals")

Gate.io Team
Nov 13th, 2024

Gate Research: Market Pulls Back Amid Rising Volatility at High Level, Bitcoin Surpasses Silver as 8th Largest Global Asset

Seleccionar idioma y región

Monedas fiduciarias