Bitcoin Increase of 44% in the third quarter, full encryption

Tagus Capital believes that the pillar of this upward trend is a decision made by the United States Securities and Exchange Commission (SEC) on September 17 to approve a five-year temporary innovation exemption allowing eligible trading platforms, through automated market making with blockchain liquidity pool , to conduct secondary market trading in token U.S. stocks.

The agency noted that in the context of this regulatory easing, Ethereum is expected to benefit disproportionately as it is currently the most important carrier for token chemical assets.

Some analysts are already convinced that a full round of the crypto market has begun, but they remain cautious.

"In our view, bull market has already begun but this does not exclude the possibility of a sudden reversal and therefore it is necessary for investors to remain highly vigilant until there are clearer signals that we are entering an active growth phase", Alex Kuptsikevich, chief market analyst at FxPro, said in an email.

The optimism surrounding altcoin is obviously adding to the multi-headedness of Bitcoin , but even so, it's not a good idea to rush in and buy coins.

Recent market developments

Bitcoin breaks the critical threshold, a position that historically often occurs in Big 8 prior to launch[CoinDesk]The last barrier between the Bitcoin and a wider recovery has been removed. For the week ending September 20, the closing price of Bitcoin , for the first time in 45 weeks, stood on its 50-week moving average, which could be an important confirmation signal that bear market is over.

AI optimism boosted stock markets; oil prices returned to profitable bond marketsGlobal stock markets rose on Monday as market sentiment eased. Signs of strong demand for AI boosted tech stocks, while oil supplies reportedly actually left the Gulf region ahead of expectations and prices followed suit despite conflicts in the region. Bond markets also strengthened with European debt varieties leading.

Global borrowing costs down, US yields fall (CNBC)Monday morning trading: United States Treasury yields are down, in line with a trend of easing government borrowing costs globally and the decline in oil prices is also one of the driving factors. 10-year U.S. bond yields reported 4.967%, having previously touched a 19-year high of 5.041% last week; 2-year Treasuries report 4.729% and 30-year reports 5.306%

Analysts believe Coinbase , Robinhood or Circle to be early winners of the SEC / token . SEC 's token equity trial is currently narrow in scope, but analysts have set their sights on Coinbase (COIN, $204.57); Robinhood (HOOD, $126.14) and Circle ((CRCL, $96.78) as potential beneficiaries if more of the United States securities assets move to on-chain .