Bitcoin and ether, the two largest cryptocurrencies by market capitalization, recently rose 3.3% and 6.7%, respectively, over the past 24 hours. On Tuesday, BTC crossed $20,000 for the first time since Oct. 5, while ETH topped $1,500 for the first time since the Sept. 15 Merge, the Ethereum blockchain’s technological overhaul. Whether a new longer-range upturn is afoot or BTC and ETH prices are likely to revert to the mean is still unclear.
Source: https://www.coindesk.com/markets/2022/10/26/market-wrap-bitcoin-continues-its-upturn-rests-comfortably-over-207k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines