Bitcoin, Ethereum, Dogecoin On The Rise As ‘Uptober’ May Be Finally Here: Analysts Predict Bullish Breakout For King Crypto, ETH’s Rally To $3,300
Leading cryptocurrencies maintained bullish momentum over the weekend, boosting expectations for new all-time highs.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | +1.26% | $69,123.24 |
| Ethereum (CRYPTO: ETH) |
+3.79% | $2,744.10 |
| Dogecoin (CRYPTO: DOGE) | +0.96% | $0.1444 |
What Happened: Bitcoin jumped above $69,000 late evening, a level not seen since the first week of June. The world’s largest cryptocurrency was up 8.9% in October, a month that has historically seen gains of over 21% on average.
Ethereum spiked to $2,750, the highest it has been since the August meltdown. The second-largest cryptocurrency soared nearly 12% last week.
In the past 24 hours, 56,654 traders were liquidated, with the total liquidations coming in at $134.09 million. More than $805 million in Bitcoin shorts would be wiped out if the leading cryptocurrency hits $72,000, according to Coinglass.
Bitcoin’s Open Interest rose 2.87% in the last 24 hours, while money locked in Ethereum’s futures market soared 8.84%, indicating bullish momentum.
Market sentiment was one of “Greed” as of this writing, according to the Cryptocurrency Fear & Greed Index.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded … |
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