Cryptocurrency Price Updates: Bitcoin, Ethereum, and Market Trends
Monday, 7 October 2024, 01:28
Bitcoin Price Performance
The bitcoin price has surged by 2.6%, hitting $63,577 as of 1:04 p.m. IST. This increase follows a strong U.S. labor market report indicating 254,000 jobs added in September, which alleviated recession fears
Ethereum And Other Cryptocurrencies
Similarly, the ethereum price remains above $2,450, signaling positive momentum within the cryptocurrency space.
- Market Cap: The global cryptocurrency market cap rose by 2.58%, now approximately $2.21 trillion.
- Geopolitical Tensions: Despite rising tensions, Bitcoin's position seems strong.
- Upcoming Events: Attention turns to key FOMC events and economic reports.
- Current BTC Support Levels: $59,400 and $57,700
- Resistance Level: $64,500
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.