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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

www.benzinga.com 21-10-2024 02:16 1 Minutes reading
Leading cryptocurrencies maintained bullish momentum over the weekend, boosting expectations for new all-time highs.CryptocurrencyGains +/-Price (Recorded at 8:45 p.m. EDT)Bitcoin (CRYPTO: BTC)+1.26%$69,123.24Ethereum (CRYPTO: ETH) +3.79%$2,744.10Dogecoin (CRYPTO: DOGE) +0.96%$0.1444What 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)CryptocurrencyGains +/-Price (Recorded ...Full story available on Benzinga.com

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