Technical indicators show a shift in Bitcoin; Ethereum is preparing for the upgrade of its Glamsterdam test network
2026-10-05 17:38:23
CoinMeta data: Technical indicators show that Bitcoin is undergoing a transformation as the market begins a new week with fluctuations. In the morning, Bitcoin's price returned to $86,000 and briefly touched $87,000, near an eight-month high. Traders are closely monitoring the strength of the US dollar to determine whether Bitcoin can continue its upward trend or consolidate its gains. Meanwhile, Ethereum developers are preparing for the upgrade of the " Glamsterdam " test network. Additionally, the stablecoins in the APAC region are transitioning towards compliant finance, becoming a key testing ground.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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