The cryptocurrency market, marked by ongoing regulatory struggles regarding ETF approvals, notable arrests of prominent founders, and significant hacking incidents, has been experiencing considerable instability. With bearish trends prevailing, instances of price rallies have become infrequent. Nevertheless, the approach of October, often referred to as “Uptober,” has infused new optimism into the landscape. The global market capitalization has increased by 2%, trading volumes have risen by 5%, and Bitcoin has achieved its highest value in 29 days.
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