The price of Bitcoin is approaching $ 62,900 today, Ether, Binance Jump; Know the best cryptocurrency rates

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The price of Bitcoin continued to rise on Tuesday, October 26. The world’s largest cryptocurrency by market cap, hit an all-time high of $ 67,139 last week, after the launch of the first Bitcoin exchange-traded fund (ETF) on the New York Stock Exchange. . It declined slightly after hitting a new record high, but remained above $ 62,500. The price of bitcoin has jumped 1.71% in the past 24 hours to reach $ 62,811.91 at 8:16 a.m. on October 26, according to coinmarketcap.com. Bitcoin’s dominance is currently recorded at 45.20%, down 0.17% on the day.

“Bitcoin is currently trading around $ 62,000. The asset saw a slight correction after hitting its new all-time high of $ 66,930 last week. Some consolidation is observed but volumes continued to hold up well. BTC has a market cap of $ 1.2 trillion and a dominance of 46%. In short, the past week has been good for the market, and largely in the green. Between ETF approval, ETF launch and now new all-time highs, the pace of news is frantic, but everything is positive, ”ZebPay Trade office said.

Ether, the world’s second most valuable cryptocurrency, also hit record highs in recent weeks ahead of a major upgrade to its underlying platform, Ethereum. The cryptocurrency rose 2.80% on a day to reach $ 4,236.64, according to coinmarketcap.com. Other popular cryptocurrencies, Cardano and Binance coin also rose on Tuesday.

“Ethereum saw some vigor last week. ETH broke out of the descending triangle pattern on the daily chart. Immediate resistance remains at the $ 0.072 levels allowing us to see a strong rally in the ether. Ethereum has shown signs of the start of a strong bullish momentum that will trigger other Altcoins towards fresher rallies, ”trade bureau WazirX said.

Walmart recently launched a pilot program to allow shoppers to purchase Bitcoin at Coinstar kiosks in its stores. Walmart customers will be able to purchase bitcoin using ATM-type machines installed by Coinstar, the company said. Coinstar, known for its machines that can exchange physical coins for cash, has partnered with digital currency exchange CoinMe to allow customers to buy bitcoin at some of its kiosks. There are 200 Coinstar kiosks located in Walmart stores across the United States that will allow customers to purchase bitcoin.

Here are the top 10 cryptocurrencies and their prices as of October 26, 2021 (data from coinmarketcap.com when the article was published)

Bitcoin $ 62,811.91 – 1.71% increase in 24 hours

Ether $ 4,236.64 – 2.80% increase in 24 hours

Binance Coin $ 486.79 -1.52% Increase in 24 Hours

Cardano $ 2.18 – 2.10% increase in 24 hours

Tether $ 1.00 – 0.00% change in 24 hours

Solana $ 210.17 – 4.99% increase in 24 hours

XRP $ 1.11 – 2.01% in 24 hours

Polkadot $ 44.03 – 3.14% more in 24 hours

Dogecoin $ 0.2643 – 2.82% off in 24 hours

USD Coin $ 1.00 – 0.01% less in 24 hours

Ether, Solana and LINK appear strong against Bitcoin and may outperform it in the coming weeks, trade office WazirX said.

“Over the past 24 hours, the cryptocurrency market has taken aggressive action. Bitcoin crossed the $ 63,000 mark and Ether approached the $ 4,300 mark. Solana seems to have enormous buying pressure right now. A massive increase in volumes caused a significant rise in prices as Solana climbed more than 15%. Total traded volumes have grown by over 12% in the past 24 hours and the cryptocurrency’s total market cap has passed the $ 2.61 trillion mark, ”said Edul Patel, CEO and co- founder of Mudrex, a global crypto trading platform.

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