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Bitcoin price nears all-time high above $64,000

Bitcoin price nears all-time high above $64,000

On October 19, bitcoin prices approached an all-time high, briefly reaching $64,486 amid start of trading of the first U.S. futures-based ETF from ProShares.

Цена биткоина приблизилась к историческому максимуму выше $64 000
График BTC/USDT биржи Binance. Данные: TradingView.

As of writing, bitcoin was trading around $64,000. The asset’s market capitalization reached $1.2 trillion, according to CoinGecko.

Analyst Larry Cermak of The Block recalled the all-time high across crypto exchanges on April 14, 2021.

As Bloomberg reported on October 15, the price of digital gold rose above $60,000 on the approval of launching a bitcoin-futures-based ETF.

Analysts disagreed on the likely impact of this event on the asset’s price.

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