Market Update 1st October 2024
By Manoj Dharra
Bitcoin recovered from a drop below $63,000 to settle at $64,000, rising 0.40% in the past 24 hours. Despite “Slumptember,” Bitcoin gained 10% in September, with a year-to-date rise of 7.75%.
Japanese investment firm Metaplanet Inc. bought 107.913 BTC worth $6.9 million, signaling continued optimism. Meanwhile, Ethereum rose 1.30% to $2,638, while other cryptocurrencies like XRP and DOGE dropped over 3%, with SUI surging 6%.
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