🟣 As October approaches, the cryptocurrency market is showing signs of increased activity. Bitget analyst Ryan Lee believes that with the upcoming U.S. elections, the trend towards tokens related to artificial intelligence (AI) will intensify.
🟣 Bitcoin, currently priced at approximately $65,659.98, has the potential to reach $70,000. Matt Mena from 21.co notes that with the improving macroeconomic situation and reduced uncertainty, investors are likely to become more active, which will positively impact Bitcoin’s price.
🟣 Another notable asset is the altcoin SUI, which has increased by 104% in the past month and is now targeting its all-time high of $2.18. However, potential sell-offs could pose a challenge to further price growth. Thus, October could become a crucial month for cryptocurrencies.