The cryptocurrency market is experiencing a strong start to October with significant price movements across major digital assets. Bitcoin has successfully crossed the $116,000 threshold, recording a 2% increase over the past 24 hours and briefly touching $116,600 during trading sessions.
This upward movement occurs amid ongoing U.S. government budget discussions and gold trading near record levels of approximately $3,900. Ethereum has mirrored this positive trend, climbing nearly 4% to reach $4,287 within the same 24-hour timeframe.
The European market momentum has extended to U.S. cryptocurrency-related stocks, driving substantial pre-market activity. Strive leads with impressive gains of 25% reaching $3.15, while Strategy has increased over 2% to $328 per share. Bitfarms has risen 3% to $2.91, and Kindly MD has advanced 7% in pre-market trading.