Bitcoin and Solana Lead Crypto Market Amid Volatility

Bitcoin rebounds to $67,500 while Solana surges on AI memecoin craze, despite broader market fluctuations.

Bitcoin's price has stabilized around $67,500 after a recent dip, with options traders betting on a potential rise to $80,000 by November's end.
Solana outperforms other major cryptocurrencies, driven by a surge in AI-themed memecoins, reaching new highs against Ethereum and Bitcoin.
The number of Bitcoin whales has increased to levels not seen since January 2021, indicating strong accumulation by large holders.
Cryptocurrency market volatility continues with Ethereum struggling below $2,500, reflecting broader market consolidation.
Institutional interest remains robust, highlighted by a $25 million hedge bet on Bitcoin options tied to the upcoming U.S. election.