đŸ’„ Cryptocurrency markets could be bullish next month. October has historically been a bullish month for the cryptocurrency market. In September of this year, the Federal Reserve cut interest rates for the first time in four years. This move is particularly beneficial for cryptocurrencies, as rate cuts tend to make investors take on more risk.

While the overall market appears to be consolidating after Bitcoin (BTC) surged to $63,000, some assets could soon hit new record highs.

Top 3 cryptocurrencies predicted to surpass all-time highs (ATH) soon.

đŸ’„Bitcoin (BTC)

👉BTC is the market leader and other assets follow. If other cryptocurrencies want to rally, BTC must lead the way. BTC had a pretty good 2024, hitting an all-time high in March after the SEC approved 11 spot BTC ETFs. The asset is down 13.7% from its March high.

According to CoinCodex analysts, the original cryptocurrency could hit a new record high in October, surpassing $80,000. The platform predicts the asset will reach $87,781 by October 25, 2024. Reaching $87,781 from current levels would represent an increase of about 38%.

đŸ’„Pepper (PEPPER)

👉Pepe is a meme cryptocurrency that has been doing very well over the past year. The asset hit an all-time high of $0.00001717 in May and could potentially hit a new peak in October.

According to CoinCodex data, PEPE could hit a new all-time high of $0.00002882 on October 23, 2024. Reaching $0.00002882 from the current price would represent a gain of about 240%.

đŸ’„Bonk (BONK)

👉BONK is a Solana-based cryptocurrency that has skyrocketed to new highs over the past year. The asset hit an all-time high of $0.00004547 in March but has since fallen 58.6%.

CoinCodex analysts predict the cryptocurrency will hit a new record high of $0.00006451 on October 23, 2024, up about 240.2% from current levels.