Bitcoin Stocks rose after falling back from nearly new highs on Tuesday. Alphabet Inc. (NASDAQ:GOOGL) Third-quarter profit beat expectations.
|
cryptocurrency |
Gain +/- |
Prices (recorded at 8:30 p.m. EDT) |
|
Bitcoin (Cryptocurrency: BTC) |
+3.66% |
$72,287.07 |
|
Ethereum (Crypto: ETH) |
+2.31% |
$2,625.49 |
|
dogecoin (Code:Doge) |
+7.15% |
$0.1757 |
what happened: The world's largest cryptocurrency soared to $73,577, just $160 off its all-time high set in early March, and on the verge of making history. But that rise stopped as investors started outflowing their money.
The latest rally bumped Bitcoin's October gain to 14.26%, fulfilling its promise of being one of the most valuable months on the market.
Don't miss:
Ethereum The stock hit an intraday high of $2,680 before falling back.
The rally saw nearly $185 million liquidated in leveraged short positions in the past 24 hours, pushing total crypto liquidations to $257 million.
Bitcoin open interest soared 5.11% in the past 24 hours to $43.17 billion.
Number of long positions held by whale investors on virtual currency exchanges Binance Outnumbered shorts by 1.42x
Top Gainers (24 hours)
|
cryptocurrency |
Gain +/- |
Prices (recorded at 8:30 p.m. EDT) |
|
Sui (Sui) |
+14.89% |
$2.11 |
|
First color on Ethereum (Neiro) |
+10.61% |
$0.00172 |
|
Aptos (APT) |
+8.75% |
$10.09 |
Global cryptocurrencies increased by 3.04% in the past 24 hours to $2.43 trillion.
Stocks rose to new highs on Tuesday. High-tech oriented Nasdaq Composite The stock soared 145.56 points (0.78%) and closed at a record high of 18,712.75. of S&P500 It rose 0.16% to end at 5,832.92. on the contrary, Dow Jones Industrial Average It fell 0.36% to end at 42,233.05.
The rally came ahead of the third-quarter earnings release of the so-called “Magnificent Seven” companies. tech giants alphabet released its numbers after the market closed, with sales and profits exceeding analysts' expectations.
See more: Deloitte's Fast-Growing Software Company Partners with Amazon, Walmart, and Target – Get 4,000 Pre-IPO Shares for Just $1,000
Analyst notes: Popular cryptocurrency analyst Recto Capital He pointed to Bitcoin's upbeat journey to new all-time highs, adding that a monthly close near $72,800 would be an all-time high.
