CryptMarket Analysis — 30-9-21
Crypto markets demonstrated renewed strength over the past several hours, with total market capitalization climbing to $3.95 trillion (a 2.3% surge), signaling optimism across major assets. Notably, bitcoin staged a breakout above $114K as traders gear up for 'Uptober', historically its strongest month. ETF developments continued to ripple as the SEC's new rule enables exchanges to list crypto ETFs with minimal review, potentially accelerating market access and institutional involvement. Analysts note leveraged bitcoin longs are returning, fueling volatility and amplifying upside momentum. Regulatory clarity and bullish technical setups are boosting risk appetite, pointing toward a positive short-term outlook.