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BTC Surges Past $67,000, Leading Global Market Rebound

When the cryptocurrency market shows signs of recovery, it’s generally a cause for celebration. With “Uptober” gradually taking shape, token prices are showing promising patterns, hinting at more optimistic prospects. Consequently, investor confidence surged this week, jumping into the “greed” zone, according to data from the Cryptocurrency Fear & Greed Index—something not seen in the past three months. Additionally, the total market valuation soared to $2.31 trillion, following a 1.87% rise in the past 24 hours. Global trading volume also rose by 18.56%, reaching $106.93 billion. Here’s how top cryptocurrencies reacted in the past 24 hours.

Top Cryptocurrency Prices Today

In the past 24 hours, the flagship cryptocurrency Bitcoin experienced high volatility. BTC prices bounced back after dropping to a low of $64,900, rising 2.54% to $67,128. Additionally, Bitcoin’s daily trading volume skyrocketed 20%, hitting $49.11 billion. Notably, Bitcoin’s real-time market cap stands at $1.33 trillion, accounting for more than half of the entire cryptocurrency market value. According to Soso Value data, as of October 15, Bitcoin ETF saw significant inflows of $371.02 million.

Leading altcoin Ethereum followed a similar path today. ETH prices rose slightly by 0.34%, reaching $2,610. It’s important to note that Ethereum’s low and high in the past day were $2,543.48 and $2,677.39, respectively. Trading volume also jumped 10%, reaching $21.93 billion, with a real-time market cap of $314.2 billion. However, Ethereum spot ETF saw significant outflows of $12.7 million on October 15.

Sentiment: Positive

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