According to CoinGecko data, Bitcoin's market share has risen to a new high since April 2021, currently reported at 49.85%; Ethereum's market share is currently reported at 16.6%; USDT's market share is currently reported at 7.22%. The current total market value of cryptocurrencies on the entire network is approximately $1.1695 trillion, with a daily increase of 0.55%.

The main business of listed blockchain concept stocks is divided into mining, mining machine sales, chip manufacturing, digital asset management, blockchain technology provision, payment and trading platforms, etc.

On October 22nd, according to Cointelegraph, Bitcoin security researcher and developer Antoine Riard has quit developing the Lightning Network due to security issues and fundamental challenges facing the Bitcoin ecosystem. He believes that the Bitcoin community is facing a "difficult situation" because a new type of replacement loop attack has put the Lightning Network in a "dangerous position". It is understood that the replacement loop attack is a new type of attack, where attackers can use inconsistencies between various memory pools to steal funds from payment channel participants. He pointed out that addressing this new type of attack may require changes to the underlying Bitcoin network, "these types of changes require maximum transparency and recognition from the entire community, as we are changing the security architecture of the entire node processing requirements or decentralized Bitcoin ecosystem".

On October 22nd, the BitVol (Bitcoin Volatility) index launched by financial index company T3 Index in collaboration with Bitcoin options trading platform LedgerX dropped to 47.93, a decrease of 0.35% in one day. BlockBeats note: The BitVol index measures the expected implied volatility of 30 days from tradable Bitcoin option prices. Implied volatility refers to the volatility implied by the actual option price. It uses the B-S option pricing formula to calculate the volatility by inputting the actual option price and other parameters except for the volatility σ. The actual price of the option is formed by many option traders competing, so the implied volatility represents the market participants' views and expectations of the future market and is considered the closest to the actual volatility at that time.

Today's panic and greed index is 53 (yesterday was 63), and the level has changed from greed to neutral. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + bitcoin's proportion in the entire market (10%) + Google keyword analysis (10%).

According to Whale Alert monitoring, 2832 BTC were transferred to Coinbase, worth $83.77 million.

MicroStrategy has reached its break-even point for holding BTC at $29,574 and is now officially profitable. Since MicroStrategy started buying Bitcoin, MSTR has risen by 154%, Bitcoin has risen by 152%, and the Nasdaq index has risen by 22%. The current market price for BTC is $29,547, and it briefly surpassed the $30,000 mark yesterday.

Data from IntoTheBlock shows that the BTC balance held by Bitcoin HODLers is hovering near a historical high of 13.45 million BTC, accounting for approximately 69% of the circulating supply. HODLers refer to individuals who have held Bitcoin for over a year and have accumulated it over time. IntoTheBlock analyst Slim Daddy stated that this is a potential reason why Bitcoin has been able to maintain a strong price position despite market volatility.

The crypto market is being closely watched by investors as digital currencies are on the rise, possibly due to optimism surrounding the approval of Bitcoin ETFs. Federal Reserve Chair Jerome Powell's comments on inflation and interest rates have also been well-received. Bitcoin has seen a 9% increase in price over the past week, with Ethereum and XRP also experiencing gains.

Greeks.live released October 20th option data on the X platform. Greeks.live pointed out that BTC continues to lead the market, and the nominal value of options holdings is the same as last week. However, the proportion of BTC put options has significantly decreased, and market sentiment has significantly improved.