💹 Crypto Market Gains
Today, the crypto market surged 5%, reaching a value of $2.28 trillion. Bitcoin rose 5% to hit $65,810, while Ethereum, Solana, and XRP also posted strong growth.

📈 Growing Buy Demand
According to CryptoQuant’s CEO, buy orders now outnumber sell orders on major exchanges, a shift from the past few years. This increase in buy demand reflects stronger confidence in Bitcoin’s future, pushing prices higher.

💵 Stablecoin Liquidity Boost
The rise in stablecoin liquidity, with USDT and USDC totaling $169 billion in market cap, gives investors more buying power. This quick access to funds helps keep the market active and supports Bitcoin’s price increase.

📊 October’s Strong Record
Historically, October is a strong month for Bitcoin, with past gains reaching up to 60%. Investors are anticipating another positive trend, adding to the current rally’s momentum.

🌍 Economic Factors Favoring Bitcoin
Macroeconomic factors like inflation concerns in traditional markets have also boosted Bitcoin. Despite rising U.S. CPI and PPI reports, Bitcoin remains resilient.