First Mover Americas: Bitcoin Hits Highest Price in a Month

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First Mover Americas: Bitcoin Hits Highest Price in a Month
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The latest price moves in crypto markets in context for Oct. 2, 2023.

above the $28,000 mark early Monday to log its highest price in over a month as analysts pointed to ETF optimism and seasonality among the reasons behind the gains. The $28,500 acted as a major support in the previous bull market and could be a key price to watch for in the coming weeks as it potentially flips into a level of resistance. In the past 24 hours, ether bumped over $1,700, bnb and cardano added 3.3%, while polygon rose 5.5%. Solana’s SOL tokens led major gains at 14.

On Tuesday, he is set to start the trial in which he will win back his freedom, or be locked up for what a federal judge says could be a “very long” time. Thousands of pages of evidence, ranging from internal documents to audio recordings, will be presented and fought over in the next six weeks as U.S. prosecutors try to prove that the former FTX founder knowingly defrauded customers and business partners.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofLyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

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