Market turns green with BTC’s bullish momentum, BSV and eCash surge
The global crypto market has gained bullish momentum as investors hop on the “Uptober” bus — a bullish term used by traders. According to data provided by CoinMarketCap (CMC), the global crypto market capitalization has risen by 0.82% in the past 24 hours, reaching a six-week high of $1.09 trillion. The total market cap dropped to the $1 trillion mark on Sept. 12, marking a six-month low. The bullish momentum comes as traders believe that another bull run could soon be triggered in October. According to data provided by Santiment, the social volumes for terms like “Uptober,” “green,” and “Bitcoin 28k” have skyrocketed by the end of September. You might also like: FTX hacker moves $4.2m worth of ETH after months of inactivity Moreover, the majority of the discussions, per Santiment, come from Reddit and X (formerly Twitter). Bitcoin (BTC) just reached a six-week high of around $28,310 earlier today and is trading at $27,707 at press time. The asset’s market cap i...