Yesterday, we wondered if “Uptober” was finally here. Now we’re pretty sure.
Bitcoin spiked to just shy of $68,000 this morning, wrecking loads of short positions in the process. Granted, the price immediately plunged, prompting a wave of long position liquidations alongside—but it’s since been back on the rise, settling just below $67,000 as of this writing. The last time we saw Bitcoin approach $68,000 was in July.
While October got off to a stumbling start for the crypto industry, Bitcoin is now firmly up since the start of the month, and has popped by 11% over the past 30 days. Standard Chartered thinks BTC could recapture its March all-time high price around $73,800 before next month’s U.S. election, so… buckle up, crypto investors.
Sudden Bitcoin Price Spike Pushes Crypto Liquidations to $285 Million
Bitcoin's sudden price jump to nearly $68,000 Tuesday ruined loads of short positions—but now long positions are crumbling as the price dips.
Bitcoin Price Could Return to All-Time High Before Election: Standard Chartered
Will Bitcoin return to $73,800 before the next U.S. president is picked? Here's why Standard Chartered expects big gains ahead.
Trump's World Liberty Financial Website Crashes During Token Sale
World Liberty Financial, the Trump-backed crypto platform, launched its token sale Tuesday. But the site has been down for hours.
Bitcoin Whale Holding Satoshi-Era Stash Moves More Coins to Kraken
A Bitcoin whale who first mined BTC just days after Satoshi launched the network has moved millions' worth in recent months. Why?
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