The bitcoin course is still not growing, but it is possible that this is the last decline before the fourth quarter of the year.
The bitcoin course does not grow, it dropped even below USD 110,000. Currently, for 1 BTC you pay just over USD 109,000.
This time Ether did not defend $ 4,000. This is an important zone on the chart, because before the bulls for a long time did not manage to pierce 4000 USD, so this level was now a salvation for those who are counting on increases.
The ETH/BTC pair also drops and is already 0.036 BTC.
Ryan Lee, the main analyst at Bitget, is of the opinion that it is worth paying attention to SOL and XRP. In his opinion, both coins have the potential for increases:
The growing interest of the XRP community with the reform of the SWIFT ISO 20022 standard, along with ongoing tests integrating Ripple infrastructure, emphasizes the significant verification of the role of XRP in providing effective liquidity for cross -border transactions. Along with the upcoming integration of Stablecoin RLusd, XRP can take up up to 14% of the Swift volume by 2030, strengthening its position as the Enterprise class settlement solution.
For contrast, the salted decrease below USD 200, despite the record-breaking USD 7.4 billion in open positions, indicates short-term difficulties resulting from network overload and delays in approving ETFs. However, the October term SEC, falling on the 10th day of the month, may become a turning point, when new institutional rains of capital could initiate the so -called “Institutional moment” Solana.
Looking wider, XRP offers relative stability thanks to adoption by enterprises, while SOL embodies the narrative of high variability and high profits characteristic of DEFI. Both projects, however, remain well positioned when it comes to the potential reflection of the courses – of course if Bitcoin stays above 60,000 USD. In October, we expect XRP consolidation in the range of 2.80–3.40 USD, supported by regulatory factors, while Solana can test support at USD 170-200, and then reflections in the direction of USD 240–260 on the wave of speculation regarding ETFs.
