Overview of Key Overnight Developments on October 5
1. Grayscale: US employment report suggests fewer rate cuts, still favorable for BTC;
2. BlackRock currently manages nearly 370,000 BTC funds, surpassing MicroStrategy's Bitcoin holdings;
3. Tether CEO: "Tether is the US government's best friend.";
4. JPMorgan and Bank of America no longer expect the Fed to cut rates by 50bp in November;
5. Mark Cuban: Harris team actively seeks engagement with the crypto industry;
6. IBIT trading volume reached $15 million before today's market open.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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