Last month, Bitcoin rose by 39.9%, and Ethereum by 42.9%. This is stated in ForkLog’s October analytical report.
Last month, Bitcoin and Ethereum hit all-time highs above $67,000 and $4,400 respectively.
Even more impressive momentum was demonstrated by meme tokens, as well as coins from NFT projects and metaverses. For example, the best-known Dogecoin clone, Shiba Inu, rose by almost 800% in October.
On 2 November, Ethereum’s price hit an all-time high, testing the $4,500 level.
This followed the CME announcement of the launch of micro-futures based on the second-largest cryptocurrency.
As noted, Goldman Sachs’ Global Markets Managing Director Bernard Rzhimelka predicted Ethereum to reach $8,000 by year-end.
Subscribe to ForkLog news on Facebook!