Join the Trading Community: Learn & Earn with BingX.
Today’s Cryptocurrency Headline
Polygon announces the launch of the Polygon zkEVM public testnet, the first zkEVM to reach public testnet with an open-source ZK proving system. Zero-knowledge (ZK) tech is one of the most prominent and promising paths to scaling Ethereum, which allows developers to transfer their smart contracts from Ethereum smoothly It is reported that AAVE, Uniswap, Web3 social platform Lens and game studio Midnight Society will be amongst the first protocols to use the zkEVM testnet.
BingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw outflows totalling US$5m last week. Bitcoin is down 2.41% over the last 24 hours and fell to an intraday low of $18,955.00. The largest cryptocurrency fell below the 20-day exponential moving average (EMA) ($19,584) on Oct 7, and the buyers were not able to push the price above the 20-day EMA since then, suggesting that the BTC/USDT pair may lose its upward momentum. If the seller increases the pressure further and pulls the price below the $19,000 price level, the BTC/USDT pair could drop into the $18,125 to $17,622 support zone. Conversely, if the price rebounded from the $19,000 price level, the price could rise to the 20-day EMA.
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.