Morning Minute: Uptober Off to a Green Start

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Morning Minute: Uptober Off to a Green Start

60-second summary

Crypto majors and altcoins rally as October begins, spurred by bullish sentiment after Bitcoin breaking above $28,000 and positive macro data suggesting easing inflation. Ethereum follows with a 3% gain, while DeFi tokens see renewed inflows. Analysts attribute the surge to institutional buying and upcoming protocol upgrades, implying continued upward pressure on market valuations.

Crypto majors and alts are rallying to start October. What’s driving the early action and will it continue?