search
Homeweb3.0Bitcoin (BTC) Exchange Rate Fixes at About $67K

Bitcoin (BTC) Exchange Rate Fixes at About $67K

Oct 19, 2024 am 06:18 AM
bitcoin Exchange Rate 67 thousand dollars

The bitcoin (BTC) exchange rate has fixed at about 67 thousand dollars. On Wednesday evening, October 16, the asset updated its maximum

Bitcoin (BTC) Exchange Rate Fixes at About K

Bitcoin rose in price by 0.5 percent on October 18, while the leading cryptocurrency showed an increase of 10.1 percent in seven days, Azernews reports via Chainers.

During the day, the bitcoin (BTC) exchange rate fluctuated at about 67.2 thousand dollars. On Wednesday evening, the asset updated its maximum since the end of July, breaking the $ 68.2 thousand mark, after which it gradually adjusted.

The reason for the growth of the first cryptocurrency was a combination of factors such as a large influx of capital into bitcoin spot exchange-traded funds (ETFs), the expectation of a reduction in the key rate in the United States and the election promises of American presidential candidates to support the crypto industry, analysts note.

The index of fear and greed in the crypto market increased from 39 to 71 points out of 100 in a week. The movement of the indicator indicates that investors' interest in buying crypto assets has increased.

The Ethereum (ETH) exchange rate increased by 0.8 percent over the past day, to $ 2.62 thousand. During the week, the leading altcoin rose in price by 9.2 percent. The total market capitalization of cryptocurrencies fell by 1 percent in 24 hours, to $2.41 trillion. The trading volume in 24 hours amounted to 101 million dollars.

Most of the other cryptocurrencies from the top 10 by capitalization showed a slight increase. Only Toncoin (TON) and Solana (SOL) fell in price — by 0.3 and 0.8 percent. accordingly. The largest increase in XRP (XRP) from Ripple is 3.1 percent.

The update of the local maximum by bitcoin and price spikes for other coins led to massive liquidations of trading positions in the cryptocurrency futures market. This means that traders did not have enough funds to maintain open positions when the market went against their bets.

According to the Coinglass service, positions totaling about $ 119 million were liquidated on large crypto exchanges during the day, of which $ 30 million was only for trading pairs with bitcoin.

The above is the detailed content of Bitcoin (BTC) Exchange Rate Fixes at About $67K. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Gitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downGitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downApr 26, 2025 am 11:22 AM

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

RCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickRCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickApr 26, 2025 am 11:20 AM

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Bitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsBitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsApr 26, 2025 am 11:18 AM

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.Apr 26, 2025 am 11:16 AM

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksAs Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksApr 26, 2025 am 11:14 AM

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Apr 26, 2025 am 11:12 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Apr 26, 2025 am 11:10 AM

This coin is highly prized by collectors if it features a specific design.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Apr 26, 2025 am 11:08 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

SublimeText3 Linux new version

SublimeText3 Linux new version

SublimeText3 Linux latest version

VSCode Windows 64-bit Download

VSCode Windows 64-bit Download

A free and powerful IDE editor launched by Microsoft

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.