As of 11:00 am IST, Ethereum was up by 3.77% in the past 24 hours at $4,056. Other major tokens—including BNB, XRP, Solana, Dogecoin, Tron, Cardano, and Hyperliquid—surged up to 5.45% in the past 24 hours. Overall, the crypto market capitalisation went up by 3% to $3.75 trillion, according to CoinMarketCap.
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According to CoinDCX Research Team, crypto markets are rebounding from the recent crash, with Bitcoin reclaiming $110,000 and Ethereum climbing above $4,000. Meanwhile, DOGE surpassed $0.20, BNB is approaching $1,200, XRP is heading toward $2.50, and Solana trades near $200.
“Despite the bulls’ tight grip on the markets since the weekend, market sentiment remains negative. In an interesting update, 99% of the Polymarket users believe Bitcoin could hit $100K in October, while only 1% see a breakout beyond $150K. Institutions have accumulated Ethereum worth $19.3 billion in Q3 alone,” the CoinDCX Research Team further sai.
In the past one week, Bitcoin was down by 3.47% whereas Ethereum was down by 1.80%, according to the data on CoinMarketCap.
CoinSwitch Markets Desk believes that BTC saw a brief pullback on Friday, dipping below $105K before staging a relief rally as buyers stepped in, signaling strong demand at lower levels. The rebound lifted prices back above $109K.
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“The pullback followed ETF outflows, driven by macro uncertainty, profit-taking, and portfolio rebalancing as U.S. Treasury yields fell below 4% and gold surged to $4,300. Despite this, October BTC ETF flows remain net positive. BTC now faces resistance at $108K–$110K; a breakout could trigger short covering toward $112K–$115K. Markets now await Friday’s delayed September CPI report, a key pre-Fed catalyst ahead of the Federal Reserve meeting scheduled for 28th-29th Oct,” said the CoinSwitch Markets Desk.
