BTC Kicks Off 'Uptober' With Break Above $116K as Crypto Equities Surge Pre-Market
On October 1, 2025, Bitcoin began the month with significant momentum, breaking through the $116,000 mark and reaching as high as $116,600, reflecting a 2% increase over the previous 24 hours. Ether also experienced a notable jump, rising nearly 4% to $4,287. The surge in Bitcoin occurred amid record gold prices nearing $3,900, which contributed to an uptick in U.S. crypto equities. Pre-market trading saw Strive (ASST) soar 25% to $3.15, while other companies like MicroStrategy (MSTR) and Bitfarms (BITF) saw gains of over 2% and 3%, respectively. The strong performance of cryptocurrencies and related equities appears to set a positive tone for October, often referred to as 'Uptober' by crypto enthusiasts.
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