BTC Rises Above $86k as Market Ends Week in Positive Territory
The cryptocurrency market ended the week of September 28 to October 2 in positive territory, according to Fixygen. Bitcoin (BTC) rose above $86,000, Ethereum (ETH) approached $2,750, and investors focused on US interest rates and institutional capital inflows.
As of Friday morning, BTC was trading at around $86,500, having increased nearly 3% over the previous 24 hours. The price briefly touched $87,000 during trading.
Ethereum traded in a range of $2,740 to $2,750 on Friday compared to approximately $2,670 at the start of the week.