Bitcoin, Ethereum, XRP two-day rally
Bitcoin (BTC) is trading near $120,000 on Friday after reaching a seven-week high of $120,960 the previous day. Altcoins, including Ethereum (ETH) and Ripple (XRP), are holding near their respective weekly highs, reflecting steady demand from both institutions and retail investors.
The rest of the cryptocurrency market has taken a breather, following two connectivity days of gains, supported by positive sentiment around the “Uptober” narrative. Typically, market participants expect better performance in October, as sentiment suggests September is often a bearish month for crypto.
Data spotlight: Bitcoin shows upside potential as ETF inflows surge
Interest in Bitcoin spot Exchange Products (ETF) has significantly improved from early…
