How To Trade The News [Video]
Author

Amplify Trading Team
Amplify
Amplify Trading is a proprietary trading company specialising in the development of new trading talent offering direct experience in financial markets.
Author

Amplify Trading Team
Amplify
Amplify Trading is a proprietary trading company specialising in the development of new trading talent offering direct experience in financial markets.
Ripple edges higher, trading around $1.54 at the time of writing on Friday as bullish pressure intensifies across the crypto market. This recovery from weekly lows of $1.47 underscores growing appetite for crypto assets and the shift in market sentiment.
Dogecoin is up 3% on Friday, hovering above $0.097, with bulls aiming for a breakout above $0.10. DOGE futures Open Interest rises 4% over the past 24 hours, pointing to increased position buildup.
Cryptocurrency prices are broadly recovering on Friday, led by Bitcoin moving above $86,000. Ethereum has reaffirmed its bullish outlook, rising above $2,700 while the immediate area at $2,800 caps upside. Meanwhile, Ripple hovers near $1.54.
Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.