October has historically been a bullish month for the cryptocurrency market. In fact, owing to the bullish performance, investors often refer to this month as “Uptober.” Since 2013, the month of October has only given negative growth on two occasions. With a historic bull run in 2021 and a tragic collapse in 2022, investors are hopeful that the market will pick up steam from here on out. With that being said, let’s take a look at the top two cryptocurrencies to watch in October; Ethereum (ETH) and Solana (SOL). ETH’s price has risen by about 38% since January of this year, while SOL has made quite a remarkable recovery in 2023, up by 140.56%. ETH reached a high of $1735.72 yesterday, but is currently down by 4% in the last 24 hours. SOL was trading at $23.95, up by 0.5% in the last 24 hours, and by 24% over the last week. Investors are hopeful that the cryptocurrency market will pick up steam from here on out in October, making ETH and SOL two cryptocurrencies to watch this month. #Uptober #Cryptocurrency #ETH #SOL
You can read more about this topic here: Watcher Guru: Top 2 Cryptocurrencies To Watch in October 2023