Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are trading in the green, with gains of over 2% so far on Friday. The recovery aligns with Bitcoin (BTC) rising above $86,000 at press time, likely driven by strong inflows into Exchange Traded Funds (ETFs).
Pepe (PEPE) price holds steady around $0.00000440 at press time on Friday, sustaining the 3.50% gains from the previous day's rebound. The meme coin maintains firm retail demand, with its futures Open Interest stabilizing above $320 million and funding rates remaining positive.
The Aussie Dollar drifts lower, down 0.26% against the US Dollar, as the latter extends its gains for the fourth straight day amid continued trimming of Fed-hawkish bets, while Fed policymakers suggest patience is warranted ahead of the October 28 meeting. The AUD/USD trades at 0.6928.