Bulls are tired of this September and already looking forward to Uptober, historically one of Bitcoin’s strongest months. In the past few hours, briefly pushed to $112.4K, while Ethereum reclaimed $4K, sparking some hope as we get closer to October.
History isn’t on Bitcoin’s side though. In 13 years, BTC has only had four green Septembers, and never in a bull year. With just two days to go, Bitcoin is trading around $111,781. A clean breakout and hold above $112K could flip sentiment for bulls, but for now traders remain divided and liquidations are piling up on both sides of the book. No clear direction yet, just chop around key levels.
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Beyond BTC and ETH, the story right now is still perp DEX tokens. After Aster’s run, attention has shifted to ApeX Protocol (APEX), which just pulled off a crazy move — more than 160% in a single day after its XP token conversion event. The campaign dropped 25M APEX to users, and trading volumes shot to $361M.
(Source: Coingecko)
ApeX is a decentralized hub for perpetuals trading with leverage, deep liquidity, and low fees, backed by products like ApeX Pro (a Layer-2 powered DEX). There’s also $12M set aside for buybacks from past revenue, and support from Bybit should boost both usage and revenue going forward.
At the moment, APEX sits at a $304M market cap, way below Aster’s $3.22B. That gap is where the rotation trade could come in. Aster is still holding strong around $1.94, but fresh money may flow into APEX as traders chase the next perp play.
If momentum carries into Uptober, with Bitcoin price reclaiming $112K, APEX could run into double digits faster than most expect, making it one of the best cryptos to buy before October kicks off.
DISCOVER: Crypto Calm as Uptober Looms: Best New Crypto to Buy in October?
Read original story [LIVE] Crypto News Today, September 29 – Bitcoin Price Briefly Surges Above $112K And Ethereum Reclaims $4K – Best Crypto To Buy Before “Uptober? by Fatima at 99bitcoins.com
