Bitcoin (Bitcoin) Finally broke through the resistance level of 50,500 USD and Ether (Ethereum) Has risen to more than $4,000. This shows that people are increasingly interested in cryptocurrencies, and several traditional financial companies are taking steps to meet this growing demand.

Franklin Templeton, one of the world’s largest independent asset management companies, has released New job application for middle and senior positions According to Linkedin’s recruitment information, in the field of crypto trading and research.

At the same time, in Japan, financial group SBI Holdings is planning to set up one of them The first domestic crypto fund By the end of November. SBI Director and Senior Management Executive Tomoya Asakura said that it will explore the launch of the second fund based on the success of the first fund.

Daily cryptocurrency market performance. source: Coin 360

Although cryptocurrency traders cheered the recent rise of several altcoins, JPMorgan Chase analysts warn their clients Altcoins rebound and non-fungible tokens (NFTs) are increasing.

Analysts said that the share of altcoins in crypto market transactions soared from 22% in early August to 33%, which is higher than historical standards. They believe that the reason is “bubble and retail investor fanaticism, not a reflection of a structural upward trend.”

Can Bitcoin stay above US$50,500 and resume its upward trend, or will altcoins remain the focus? Let’s study the charts of the top 10 cryptocurrencies to find out.