Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions

The article was originally published in CoinDesk's daily newsletter, First Mover, which provides context on the latest developments in the crypto market. Readers can subscribe to receive the newsletter in their inbox every day. The current state of the market includes a rise in stablecoin liquidity and Bitcoin transactions, as well as a drop in the ETH/BTC ratio to its lowest point since April 2021. Bitcoin has broken the $64K mark while gold prices have also increased. However, the CoinDesk 20 Index has decreased by 1.52%.

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