According to a report by ByteTree analysts on Monday, despite Bitcoin's rebound to over $30,000, the activity on the Bitcoin blockchain presents a more pessimistic outlook. Analysts Shehriyar Ali and Seran Dalvi pointed out that BTC transaction volume has dropped 50% in a month, and network economic throughput is also in a declining trend, meaning that BTC prices are entirely driven by expectations of positive news, which may not be healthy in the short term. Analysts identified the range of $26,750 to $28,250 as a support area for BTC prices.

According to OKX market information, Bitcoin briefly touched $31,000 and is now priced at $30,896, with a 24-hour increase of 3.37%.

As of September 24, 2023, MicroStrategy has purchased approximately 15,8245 bitcoins for a total price of about 4.68 billion US dollars, with an average holding price of 29,582 US dollars.

According to Bitcoin News on social media, as reported by Golden Finance, except for Argo Blockchain and TeraWulf, the return rates of all mining stocks from the beginning of the year have outperformed Bitcoin, averaging around 150%, while Bitcoin is at 84.61%, according to CoinGecko's data.

Crypto Rover, a prominent KOL in the cryptocurrency industry, stated on X platform that the Asian market is the true "driving force" behind the recent surge in Bitcoin prices.

On October 23, Ernst & Young stated that investors buy Bitcoin as an asset, not as a payment tool.

Bitcoin.com has revealed the latest data from bitcointreasuries, which shows that Block.One still holds more BTC than MicroStrategy. It is reported that MicroStrategy currently holds 158,245 BTC, while Block.one, the company behind the development of the EOS network, holds 164,000 BTC.

New evidence has emerged that contradicts previous reports suggesting that Hal Finney was the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Jameson Lopp, co-founder of Bitcoin custody firm Casa, presented new evidence challenging the theory, including race data showing that Finney was participating in a 10-mile race at the same time that Nakamoto was conducting transactions on the Bitcoin blockchain and responding to emails.

Bitcoin reached a new three-month high on October 23, surpassing $30,000 for the first time since the summer and approaching key long-term resistance levels. Analysts suggest that Bitcoin may experience a significant move higher, with similarities to just before the year-to-date high.

Investors have shown confidence in risk-bet assets, leading to significant gains in the crypto market despite geopolitical turmoil and macroeconomic concerns. The fear and greed index indicates a neutral sentiment in the market, but is moving towards "greed" territory. Pepe Coin, Chainlink, Fantom, and Aptos are among the top gainers in the market. Aptos has experienced recent gains in performance, which is reflected in its chart. There are rumors of a potential acquisition of the Wikimedia Foundation by Elon Musk.