Bitcoin has tapped 63,000 USD for the first time since April (Market Watch) before the introduction of the Futures ETF (Market Watch)
Bitcoin has tapped 63,000 USD for the first time since April (Market Watch) before the introduction of the Futures ETF (Market Watch)
The volatility of Bitcoin struck again in the last 24 hours when the asset reached $ 63,000 for the first time since April. Most old coins have recorded minor losses since yesterday, with the exception of Binance Coin that approached $ 500.
Bitcoin touched $ 63k
The most important news in the cryptocurrency of the past few days is whether the United States will finally have their own Bitcoin ETF, even if it is a futures ETF.
Several reports have appeared since last week, in which it is claimed that such a product actually comes onto the market. Actually the latest from yesterday specified Futures ETF of Proshares today - October 19 - is coming onto the market.
The anticipation of such a significant event led to an increased volatility for the primary digital asset. BTC was traded at $ 57,000 on October 15, before it shot over 60,000 $ 63,000 a day later.
he did not reach him at first, and the bears drove BTC on Sunday below $ 59,000 south. However, the bulls came back to play and pushed Bitcoin north again in the following days.
This culminated a few hours ago in the touch of $ 63,000, which has represented the highest price level since April this year. So far, BTC has withdrawn by around $ 1,000, but the possible introduction of a futures ETF later today could bring more volatility.
The market capitalization of Bitcoin has approached $ 1.2 trillion, while the dominance over the alts is just a little more than 47%.
BNB looks at $ 500 as Alts RetraCe
Most alternative coins have not achieved any significant profits, which is evident in Bitcoin's increasing dominance. Most have also recorded smaller losses in the last 24 hours.
Ethereum rose over $ 3,900 a few days ago, but could not stay there. A decline of 1.2% since yesterday the second largest cryptocurrency has driven below $ 3,800. Cardano, Ripple, Solana, Polkadot, Terra and Uniswap are also slightly in the red area.
Dogecoin, Litecoin and Avalanche have recorded slight growth. Binance Coin added 4% of the value in one day and reached $ 490 for the first time in weeks.
Apart from OKB and Fantom, which have recorded double -digit growth, most old coins have not increased with low and medium -sized market capitalization.
The market capitalization of the cryptocurrency rose to over 2.5 trillion $ and was only a few centimeters from a new ATH, but at least could not at least for the time being.
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