Will Altcoins ETH, XRP, and SOL Ride Bitcoin’s Shutdown-Fueled Momentum?
- Bitcoin tested $120,000 as Uptober kicked off and macro risk stayed in focus.
- ETH, SOL, and XRP advanced while traders watched for a decisive BTC breakout.
- Total crypto value hovered near $4.1T with BTC’s cap rivaling Amazon’s size.
Bitcoin led risk appetite on October 2, pressing toward $120,000 and setting a seven-week high as traders weighed fresh seasonality and the first U.S. government shutdown since 2018 to 2019. Spot BTC traded near $118,500 to $119,400 during the session, with the intraday high just under $119,400.
With October historically one of Bitcoin’s strongest months, posting gains in 10 of the past 12 years, the market appears set for what traders have long dubbed “Uptober.”
Bitcoin Leads Uptober Rally
This rally has helped push total crypto market capitalization up 3.5% to $4.16 trillion, while Bitcoin’s market cap now stands at …
Read The Full Article Will Altcoins ETH, XRP, and SOL Ride Bitcoin’s Shutdown-Fueled Momentum? On Coin Edition.
Read More
Will Altcoins ETH, XRP, and SOL Ride Bitcoin’s Shutdown-Fueled Momentum?
- Bitcoin tested $120,000 as Uptober kicked off and macro risk stayed in focus.
- ETH, SOL, and XRP advanced while traders watched for a decisive BTC breakout.
- Total crypto value hovered near $4.1T with BTC’s cap rivaling Amazon’s size.
Bitcoin led risk appetite on October 2, pressing toward $120,000 and setting a seven-week high as traders weighed fresh seasonality and the first U.S. government shutdown since 2018 to 2019. Spot BTC traded near $118,500 to $119,400 during the session, with the intraday high just under $119,400.
With October historically one of Bitcoin’s strongest months, posting gains in 10 of the past 12 years, the market appears set for what traders have long dubbed “Uptober.”
Bitcoin Leads Uptober Rally
This rally has helped push total crypto market capitalization up 3.5% to $4.16 trillion, while Bitcoin’s market cap now stands at …
Read The Full Article Will Altcoins ETH, XRP, and SOL Ride Bitcoin’s Shutdown-Fueled Momentum? On Coin Edition.
Read More