After a sharp downturn earlier in the month, the cryptocurrency market has begun to stabilize. By October 13, total market capitalization climbed back to approximately $4 trillion, reflecting renewed market activity.
The Bitcoin Fear & Greed Index rose to 40, indicating that investor sentiment is gradually shifting toward confidence after recent volatility. Analysts note that this recovery may signal the beginning of a more sustained upward trend in major digital assets.
Key Trends:
- Altcoins and AI-focused tokens have shown significant gains, with projects in DeFi and blockchain infrastructure attracting strong investor attention.
- Market experts suggest that Bitcoin could reach $120–130K by the end of the year if bullish momentum continues.
Institutional Moves:
- Platforms like Coinbase are upgrading infrastructure to improve reliability and scalability, supporting increased trading activity.
- Countries such as Kenya are enacting regulatory frameworks for digital assets to foster institutional investment.
This combination of technical stabilization and regulatory clarity is boosting market confidence, creating potential opportunities for both retail and institutional investors.
