Shiba Inu and Solana in Green as Bitcoin (BTC) Stalls

by: Yatriinfo.com

Solana (SOL) leads in altcoin gains with a 5% price increase, while the total crypto market cap is at $1.1 trillion. 

Bitcoin historically performs well in October, averaging a 12% gain during the month, raising expectations for a potential rally. 

On October 1st, Bitcoin shows resilience with a 0.6% increase, trading at $27,114, but remains over 60% below its all-time high. 

Shiba Inu (SHIB) struggles despite a 1.2% price uptick to $0.00000742 and is at risk of dropping out of the top 20 cryptocurrencies with a market cap of $4.35 billion. 

SHIB's lackluster performance follows the launch of its Shibarium Layer-2 solution, which records only 20,000 transactions per day. 

Bitcoin's potential rally contrasts with SHIB's stagnant position, highlighting the varying fortunes of different cryptocurrencies in the market. 

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