"Bitcoin is in a new accumulation phase: Market Expectations"

Important Developments in Bitcoin and Ethereum

As of October 20, Bitcoin investors have begun to accumulate again amid expectations of a possible easing policy from the Federal Reserve. This process has created remarkable volatility in the cryptocurrency market.

At the same time, Ethereum (ETH) is trading at a price of $4,024.60. In an important development, ETHZilla Corp. (ETHZ) will reduce its shares by 90% through a 1-10 reverse stock split, restructuring its market value and decreasing the total number of outstanding shares to 16 million.

Expectations in the Cryptocurrency Market

This situation has led to increased speculation among investors, raising questions about how market dynamics will shape up. Although Bitcoin and other major crypto assets have not yet clearly defined a direction, this resilient stance in the markets is attracting investors' attention.