Bitcoin Price Holds October Gains After Two Surges Above $86K
Bitcoin twice rose above $86,000 on Tuesday, supported by momentum from the CFTC’s proposed cryptocurrency regulations and a recent SEC proposal on crypto custody. After an earlier sell-off, bitcoin rallied to a high near $86,450 before pulling back, with its market capitalization reaching about $1.72 trillion. Regulatory Momentum Drives Bitcoin Back Above $86,000 Bitcoin’s price […]
Key Takeaways
- Bitcoin twice rose above $86,000 on Tuesday, supported by momentum from the CFTC’s proposed cryptocurrency regulations and a recent SEC proposal on crypto custody.
- After an earlier sell-off, bitcoin rallied to a high near $86,450 before pulling back, with its market capitalization reaching about $1.72 trillion.
- Regulatory Momentum Drives Bitcoin Back Above $86,000 Bitcoin’s price […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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