Bitcoin grew by 10% in October, Ethereum dropped by more than 3%

Analysts of the digital asset market note that in October 2024, bitcoin BTC $95,900.68 Bitcoin -0.35% Market capitalization $1.9 trillion VOL. 24 hours $2.36 billion grew by 10.76%, reaching record highs above $ 73,000, although by the end of the month it stopped at $ 69,200. This is the sixth October in a row that bitcoin has closed the month with a positive balance. BTC showed the highest growth in October in 2013 — 60.79%.

Instead, Ethereum ETH $3,313.06 Bridged Ether (StarkGate) -0.49% Market capitalization $0.3 billion VOL. 24 hours $1.42 billion ended October with a 3.4% drop, the first decline in six months. At the beginning of October, the leading cryptocurrency traded around $ 2300, rose to $ 2700, but settled at $ 2500. Such volatility may be a sign of market tension over the digital asset.

CoinGlass data shows that bitcoin continues to show a stable upward trend, while Ethereum has shown a decline for the first time in six months. 10x Research analysts' forecasts suggest that bitcoin could reach $ 100,000 by January 2025, while Ethereum will remain influenced by crypto market fluctuations.