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Retail investor sentiment surges towards silver; does the popularity of safe-haven assets indicate a potential top?
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WHAT'S THE WAY FORWARD FOR BITCOIN?
PUMPING OR DUMPING SOON ? FIND OUT HERE:
As of January 27, 2026, Bitcoin ($BTC ) is trading around $87,700 - $88,600 (With a live price of $88,300 at the time of writing) showing signs of consolidation after recent volatility. The cryptocurrency has been under pressure from macroeconomic factors, geopolitical tensions (such as U.S.-Iran issues), and market rotations away from risk assets. This has led to a choppy trading environment, with BTC struggling to reclaim higher levels like $90,000 while defending key supports. Short-Term Price Movement (1-30 DGate Square New & Returning Creator Rewards are ongoing!
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MAGIC (Treasure) fell 1.16% in the last 24 hours.
Gate News Bot news, October 10, according to CoinMarketCap, as of the time of writing, MAGIC (Treasure) is currently priced at $0.17, down 1.16% in the last 24 hours, with a high of $0.19 and a low of $0.16. The current market capitalization is approximately $536,000, a decrease of about $630,100 compared to yesterday.
Important news about MAGIC recently:
1️⃣ Magic Eden acquires crypto trading app Slingshot Magic Eden announced the acquisition of the crypto trading app Slingshot, a strategic move aimed at expanding Magic Eden's business scope into the cryptocurrency trading sector. This acquisition is expected to enhance Magic Eden's overall strength and provide users with more diversified services.
2️⃣ Magic Eden collaborates with Spark to promote fast Bitcoin settlement Magic Eden has formed a partnership with Spark to bring fast and low-cost settlement solutions to the Bitcoin network. This collaboration is expected to enhance the efficiency of Bitcoin transactions and bring more application scenarios and users to the MAGIC ecosystem.
3️⃣ Magic Link and Polygon Launch Cross-Chain Network PayPal-supported Magic Link has launched a new cross-chain network in collaboration with Polygon, aiming to break the blockchain island. This innovation could bring broader application prospects for the MAGIC token and enhance its position in the cross-chain ecosystem.
Despite the slight fall in MAGIC prices, these positive ecosystem developments may provide support for future prices. However, the market still needs time to digest this news and reflect it in the token value.
This message is not an investment advice, and investors should be aware of market volatility risks.