The value of digital currencies on Friday evening, October 1, again exceeded $ 2 trillion. Now the market capitalization is $2.058 trillion. Bitcoin began to grow before the opening of the North American session. In the short term, the leading digital currency jumped above $ 48,000, but could not hold on to the positions won. At the time of publication of this review, the BTC price was at $47,100. The capitalization of bitcoin has again come close to $ 900 billion. Analysts note that BTC is strengthening against the backdrop of an unsuccessful start of trading on the US stock market. The S&P 500 index, with which bitcoin periodically correlates, fell by 0.5%. Altcoins returned to the green zone tonight along with the first digital currency. Ether (ETH) and Binance Coin (BNB) increased in price by 8% and 6% to $3,220 and $412.97, respectively. The rates of Cardano (ADA), XRP, Solana (SOL) and Dogecoin (DOGE) strengthened to $2.21, $1.03, $151 and $0.214. Volatility escalated suddenly. Many experts did not expect its surge until the end of this week, as there were no grounds for a jump or fall in prices. It is quite possible that we are seeing the activation of speculators focused on short-term storage of cryptocurrencies. After reaching the peak of pumping, we are waiting for another reset of BTC and altcoins. #CryptoTrading
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