“Uptober” celebration on the crypto market? Bitcoin and Co. gain ground

• The crypto market has gained slightly in the past 24 hours. With an increase of over one percent, the total market capitalization once again rose above the four trillion US dollar mark.
• Overall, price gains are moderate: Bitcoin is up by around two percent to about $114,000, while Ethereum is consolidating above the $4,000 mark with a two percent gain.
• Similar movements are evident among the ten largest cryptocurrencies. XRP, BNB, Solana, and Tron each rose by almost one percentage point, while Dogecoin declined slightly.
• According to the Crypto Fear and Greed Index, investor sentiment has now improved from “fear” to neutral and is currently at 50 points. Looking ahead to October, a typically strong trading month, also known in the crypto community as “Uptober,” is approaching.
• This could receive a boost from a wave of approvals for several altcoin-based spot ETFs in the US. Initially, some approvals were expected in October. However, after the SEC changed its listing procedures, the further timeline is unclear.
• How the crypto market might perform in the coming month and what expectations for “Uptober” are justified can be found in the following video:

Recommended Video Bitcoin before Uptober: What the data really reveals