Crypto

The bitcoin exchange rate approached $63 thousand for the first time in six months

During the day, the first cryptocurrency rose in price by 4%. Its capitalization exceeded $ 1.16 billion; the cost of bitcoin on the Binance crypto exchange on the night of October 16 reached $ 62.9 thousand.

The first cryptocurrency is trading at $ 61.7 thousand, and its capitalization is $ 1.16 billion, according to CoinGecko. Over the past day, bitcoin has risen in price by 4%. The last time traded the first cryptocurrency at this level was in mid-April of this year, when the coin updated the historical maximum at around $ 64.8 thousand. It may be related to the approval of the first bitcoin ETF in the United States based on bitcoin futures.

According to the updated prospectus filed with the U.S. Securities and Exchange Commission (SEC) by ProShares, its Bitcoin Strategy ETF exchange-traded fund will begin trading on October 18. The last wave of bitcoin growth started on September 29, with a local price low of $40.7 thousand. However, for more than two weeks, the cryptocurrency has risen in price by 52%.

The capitalization of the crypto market for the first time exceeded $ 2.6 trillion. One of the reasons for the increase in the market valuation of digital assets may be the rise in bitcoin price to $ 62.9 thousand.

The last time traded the first cryptocurrency at this level was in April;
the cryptocurrency market’s capitalization over the past day increased by 3% and exceeded $2.6 trillion for the first time in history, according to CoinGecko.

One of the reasons for the increase in capitalization is the rise in bitcoin price to $62.9 thousand, which occurred after the SEC approved the first exchange-traded fund in the United States based on bitcoin futures.

The last wave of bitcoin growth started on September 29, with a local price low of $40.7 thousand. For more than two weeks, the cryptocurrency has risen in price by 52%, and its capitalization has increased to $ 1.16 billion. The most significant altcoins by capitalization also showed growth.

The price of Ethereum has increased by almost 30% beginning of October, Binance Coin has risen by 22% over the same period.

The last time the capitalization of the digital asset market updated its historical maximum was in mid-May. Then the figure exceeded $ 2.55 trillion.

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