Bitcoin Surges Past $116K in October as Crypto See Major Gains

TLDR

  • Bitcoin rises to $116,600, gaining 2% in 24 hours to start October strong.
  • Ether climbs nearly 4%, reaching $4,287, following Bitcoin’s rally.
  • Strive stock soars 25%, while MicroStrategy and Bitfarms gain pre-market.
  • Gold hits record highs as Bitcoin and ether rise, driving investor interest.

Bitcoin surged past $116,000 on the first day of October, signaling the start of what many are calling “Uptober.” The rise comes amidst a favorable backdrop for digital assets, as Bitcoin and ether see strong price gains. In addition to the cryptocurrency rally, equities linked to crypto companies also saw substantial pre-market movement, including Strive, MicroStrategy, and Bitfarms. This performance sets the stage for a…

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