Bitcoin Surges to 6-Week High, Igniting Hopes for 'Uptober' Rally
Bitcoin reached its highest price in over a month, surpassing $28,000, with analysts attributing the gains to optimism surrounding ETFs and seasonality. Other cryptocurrencies also saw increases, including ether, bnb, cardano, and polygon. Meanwhile, FTX founder Sam Bankman-Fried is set to begin his trial, where he will defend himself against allegations of defrauding customers and business partners. Additionally, Deus X Capital, a family office-backed investment firm, has launched with $1 billion in assets and Tim Grant as CEO.