The cryptocurrency market is set for a robust fourth quarter, with Bitcoin (BTC) historically averaging a 79% return in Q4 since 2013. Key drivers include monetary easing, increased institutional adoption, and favorable U.S. regulatory developments. The Federal Reserve's recent rate cut has bolstered risk-on sentiment, while U.S. spot BTC and ETH ETFs attracted over $18 billion in inflows during Q3.
Bitcoin ended Q3 at $114,000, buoyed by corporate treasury adoption. Ethereum (ETH) climbed 66.7% to nearly $5,000, with further gains potentially linked to the upcoming Fusaka upgrade. Solana (SOL) increased by 35%, driven by enterprise purchases and ecosystem expansion. XRP rose 37% year-to-date following legal clarity with the SEC, and Cardano (ADA) saw a 41.1% increase. The CoinDesk 20 index outperformed Bitcoin, rising over 30% in Q3.
Crypto Market Poised for Strong Q4 as Bitcoin and Ethereum Surge
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