Hey BTC enthusiasts! š Bitcoin's price performance has hit a pause button as it remains stuck around $27,500. Don't worry, though, as October has historically been a positive month for BTC! š
After reaching a six-week peak of $28,600, the bulls lost momentum, and BTC retraced to $27,500. The past 24 hours have been uneventful, with the market cap glued at $535 billion and dominance over altcoins at 49.4%. š“
Most altcoins are also calm today, with minor losses for Ethereum, Binance Coin, Dogecoin, Toncoin, and Polkadot. Solana, Cardano, Litecoin, and Bitcoin Cash experienced more significant drops, with BCH down 5% to $230. š¢
On the bright side, Ripple's native token XRP is up 4% following a win against the SEC in US courts! š Avalanche (AVAX) also pumped by a similar percentage to nearly $10. However, the total crypto market cap has lost a few billion and is now at $1.080 trillion. šø
Stay tuned for more BTC updates! š