Market Analysis
Perplexity AI predicts cryptocurrency price surges by 2025
Perplexity AI, a competitor to ChatGPT, has forecasted significant price increases for several cryptocurrencies by the end of 2025. The predictions come amid a market downturn following the end of the October rally known as 'Uptober'. This follows President Donald Trump's announcement of 100% tariffs.
Omdia Releases August 2025 Asia News Digest
Raportoinut AI
Omdia has published the August 2025 edition of its Asia News Digest series, offering analysis of recent telecom industry developments in Asia and Oceania. The report summarizes key market updates from the month.
Bitcoin records first red October in seven years
Bitcoin experienced its first negative October performance since 2018, closing the month lower after an early peak above $126,000. The decline was driven by increased selling from long-term holders and reduced buying pressure from U.S. investors. This break from historical patterns highlights vulnerabilities in the market amid profit-taking and macroeconomic strains.
Crypto market weekly review shows mixed token performances
The cryptocurrency market rebounded moderately this week, with Bitcoin reclaiming $111,000 following softer-than-expected U.S. inflation data. Ripple led top-cap gains with over 10% rally, while capital rotated across utility assets. Humanity Protocol, Virtuals Protocol, and Zcash topped the gainers, as PancakeSwap, Story, and Mantle recorded losses.