Global #bullish sentiment

The altcoin market, prominently led by Binance Coin (BNB), has been making significant strides, attempting to align itself with the bullish trajectory of Bitcoin (BTC), which recently surged past $67,000.

The Open Interest (OI) weighted funding rate for Bitcoin has surged to 0.012%, a level not seen since July 27, when Bitcoin briefly touched $68,000.

Bitcoin experienced a significant dip, falling to a three-week low of $58,900. This decline coincided with a recent surge in whale selling, totaling over 30,000 BTC in the past three days.

On October 9, Shiba Inu (SHIB) emerged as a standout performer in the cryptocurrency market, with its price climbing by 4% over the past 24 hours, currently trading at approximately $0.00001786.

Dogecoin price has extended its gains on Monday after a successful retest of its support level last week. This upward movement is bolstered by a significant increase in the cryptocurrency’s daily active addresses, reaching its highest point since early April.

Shiba Inu (SHIB) has recently captured the attention of investors with an impressive 360% surge in large transactions over the past week. This surge in whale activity has positioned SHIB as one of the top cryptocurrencies garnering rising interest from the investment community.

Recent on-chain data reveals a notable trend among XRP whales, who have significantly increased their holdings in the cryptocurrency over the past ten days. This accumulation may be a contributing factor to the asset's recent price surge, prompting analysts to monitor the situation closely.

Bitcoin (BTC) recent rally has sparked optimism within the crypto community, yet analysts caution that a new all-time high may not be imminent.

The cryptocurrency market is experiencing a notable upswing, with almost all top cryptocurrencies showing positive growth in the last 24 hours. Bitcoin and Ethereum have increased by 3.3% and 2.0%, respectively, while BNB, Solana, XRP, and Dogecoin have seen gains of 2.3%, 5.4%, 0.6%, and a striking 9.4%.

The Solana meme coin, BONK, has recently captivated the crypto community with a notable surge, drawing attention from analysts who predict a potential 500% increase in October.

Pepe Unchained ($PEPU) has garnered significant attention in the crypto space, raising $14.1 million in its presale, thanks to a wave of renewed interest in meme coins. Following the Fed’s unexpected 50 basis point rate cut, digital asset prices soared, and $PEPU benefitted from this bullish sentiment.

Solana (SOL) is making waves in the cryptocurrency market, climbing an impressive 10% on Thursday. This surge comes after SOL broke above a crucial resistance level, reigniting bullish sentiment among investors and traders who believe the cryptocurrency is poised for higher price targets in the near future.