Crypto Prices Surge Amid Broader Market Recovery
Crypto prices are on the rise as the broader market recovers, with Bitcoin (BTC) trading near $86,000 after a 6.33% gain in September.
The meme coin Dogecoin (DOGE) is also seeing gains, reaching above $0.097 and extending its growth by 4% in futures Open Interest over the last 24 hours.
This surge in DOGE's price comes as it launches a public testnet focused on zero-knowledge rollups, which has sparked firm retail support for the coin.
Historical data suggests that October could be a strong month for Bitcoin (BTC), following its positive September performance. However, institutional demand remains cautious due to key economic data releases this week.