The global cryptocurrency market started the week strong, with Bitcoin touching $114,000 at the Wall Street open. However, traders remain cautious as a new CME futures gap at $110,000 raises expectations of a correction. Despite this, optimism for a bullish “Uptober” continues to build, backed by rising U.S. stocks and record-high gold prices.
Bitcoin’s rebound has injected momentum into the broader market, pushing Ethereum and Solana higher. Still, traders warn that BTC’s rally may cool off if the CME gap is filled. Meanwhile, overall liquidations in the crypto market crossed $400 million in 24 hours, highlighting increased volatility.
Gold’s surge above $3,800 per ounce and Wall Street’s green opening also provided bullish sentiment across digital assets. Many analysts believe that if Bitcoin reclaims $115,000 this week, it could confirm a fresh uptrend leading into October.
| Coin | Price (USD) | 24h Change | Market Cap |
| Bitcoin (BTC) | $113,729 | +1.5% | $2.27T |
| Ethereum (ETH) | $4,385 | +0.6% | $528.7B |
| Solana (SOL) | $223.5 | +4.8% | $121.1B |
| XRP (XRP) | $3.01 | +1.6% | $179.5B |
| BNB (BNB) | $900.7 | +2.7% | $1.02T |
Today’s market is balancing between short-term correction risks and long-term bullish optimism. Traders are watching $110K and $115K as the critical Bitcoin levels this week.
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