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BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI By Cointelegraph

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BTCOn Oct. 11,, the ) resumed rallying and rose to close to $58,000. It represents a nearly 100% recovery after the May plunge, and it shows that China’s regulatory actions are only temporary.The sentiment has been lifted by Bitcoin’s strong rise in recent days.

Analysts are back with six-figure forecasts. Geoffrey Kendrick (OTC: Head of Emerging Market Currency Research at Standard Chartered) anticipates that Bitcoin will rise to $100,000 in the early part next year.The cryptocurrency market is performing daily. Source:

Coin360Daily chart of BTC/USDT Source: TradingView