November 4 BTCUSD BingX Chart Analysis and Today's Headline

BingX’s Bitcoin Chart


Bitcoin is down 0.20% over the last 24 hours and fell to an intraday low of $20,030.00. The largest cryptocurrency fell towards the $20,000 price on Thursday, after the U.S. Federal Reserve increased the interest rates by another 75 basis points. The 14-day relative strength index (RSI) fell to 53.9 from 65.5 on October 26, suggesting the market sentiment has changed from bullish to neutral.

Today’s Cryptocurrency Headline

Goldman Sachs Partners with MSCI and Coin Metrics to Develop Cryptocurrency Classification System

Goldman Sachs is working with index provider MSCI and crypto data firm Coin Metrics to develop a crypto classification service. The investment bank's crypto classification service will target institutional investors. The bank wants to help investors make sense of crypto. It is reported that the three companies have divided the digital assets world into classes, sectors and subsectors, and fund managers will be able to analyze cryptocurrencies from a more specific perspective.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.