Bitcoin And Ethereum Fall Again
The crypto market is facing another small fall this week. Big coins like Bitcoin and Ethereum are losing value after a strong start of the month. Many traders are now waiting for a good time to buy again.
1. Bitcoin Price Update
Bitcoin is now around $108,000. It moved down slowly during the last seven days. Experts say it may test $105,000 before starting a new rise. Big investors are watching closely because next month could bring new buying interest.
Some analysts also believe that if global markets become calm again, Bitcoin can reach $115,000 by mid November. Long term holders are still confident.
2. Ethereum Price Update
Ethereum is near $3,780 today. It has shown less power compared to last week but its network use is still strong. More people are using Ethereum for DeFi and NFT trading.
If Bitcoin starts to rise again, Ethereum may quickly move above $4,000. It continues to be one of the most trusted coins.
Final Takeaway
The market is calm but not dead. Many investors are just waiting for the right signal. According to NextBitcoins.com, patience is still the best strategy for October.
