1. Crypto Market Update: Bitcoin Stable Above $83K, Altcoins Lead the Recovery
@Diamond Hayles fyVC
The crypto market has begun recovering from last week’s dip to $80,000. Bitcoin is trading near $83,700 on Monday, up around 0.9%, while Ethereum is near $2,540, up 1.2%.
The market cap is now $2.83T, up 1.1% from the previous day. The best part is that green coins outnumber red ones by a 12:1 ratio among the top 100, meaning buyers are returning to buy the dip.
The Fear and Greed Index is at 58, indicating neutral sentiment.
2. 3 Altcoins Leading the Market Today: NEAR, AVAX & LINK
1. NEAR Protocol: NEAR has jumped 10.9% and is trading at $5.90, with a volume of $1.07 billion. It’s today’s strongest performer.
2. Avalanche: AVAX is up 5.1%, reaching $10.91.
3. Chainlink: LINK is trading at $13.35, up 2.4%.
Additionally, Filecoin is up 13.2%, Internet Computer is up 12.8%, and Starknet is up 19.9%.
XRP is trading near $1.40, while Solana is near $112.
3. What Are the Key Levels for BTC, and What Could Its Next Move Be?
According to analysts, Bitcoin’s support zone is between $82,500 and $83,000, while resistance lies between $84,500 and $85,000.
If BTC crosses $84,500, the next target is $87K, and a sustained move above that could take it to $94K.
For now, everyone is watching US CPI data due on October 14, which could change Fed rate expectations.
Whale buyers have accumulated 15,000 BTC over the past 72 hours, supporting the recovery.
My advice: Buying is safe while BTC remains above $82,500, but don’t chase the market before the CPI release—wait.
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Your own writer, Sahil-Sindhi
@Diamond Hayles fyVC
The crypto market has begun recovering from last week’s dip to $80,000. Bitcoin is trading near $83,700 on Monday, up around 0.9%, while Ethereum is near $2,540, up 1.2%.
The market cap is now $2.83T, up 1.1% from the previous day. The best part is that green coins outnumber red ones by a 12:1 ratio among the top 100, meaning buyers are returning to buy the dip.
The Fear and Greed Index is at 58, indicating neutral sentiment.
2. 3 Altcoins Leading the Market Today: NEAR, AVAX & LINK
1. NEAR Protocol: NEAR has jumped 10.9% and is trading at $5.90, with a volume of $1.07 billion. It’s today’s strongest performer.
2. Avalanche: AVAX is up 5.1%, reaching $10.91.
3. Chainlink: LINK is trading at $13.35, up 2.4%.
Additionally, Filecoin is up 13.2%, Internet Computer is up 12.8%, and Starknet is up 19.9%.
XRP is trading near $1.40, while Solana is near $112.
3. What Are the Key Levels for BTC, and What Could Its Next Move Be?
According to analysts, Bitcoin’s support zone is between $82,500 and $83,000, while resistance lies between $84,500 and $85,000.
If BTC crosses $84,500, the next target is $87K, and a sustained move above that could take it to $94K.
For now, everyone is watching US CPI data due on October 14, which could change Fed rate expectations.
Whale buyers have accumulated 15,000 BTC over the past 72 hours, supporting the recovery.
My advice: Buying is safe while BTC remains above $82,500, but don’t chase the market before the CPI release—wait.
If you enjoy our article blogs, please like and share.
Your own writer, Sahil-Sindhi