Bitcoin near $82,770 after touching $83,250; ether up 2% over 24 hours

Bitcoin was trading at about US$82,770 as of 5:44pm GMT on Tuesday 20 October, up about 1.0% over 24 hours and down 0.8% over seven days, according to CoinGecko data. Over the previous 24 hours it traded between about US$81,155 and US$83,250.

Bitcoin briefly rose above US$83,000 after the Wall Street open on Tuesday, New York time, as US shares gained on company earnings, Cointelegraph reported. Bitcoin.com News reported a daily peak of US$83,335 and said short sellers accounted for about US$45.7 million, or around 60%, of bitcoin liquidations that day.

Ether was at about US$2,449 as of 5:44pm GMT, up 2.1% over 24 hours and down 2.5% over seven days, CoinGecko data showed.

Among other large tokens, BNB was at about US$737, up 1.4% over 24 hours; XRP was near US$1.33, up 2.1%; Solana was at about US$106.57, up 2.4%; and Dogecoin was near 8.1 US cents, up 2.6%. All four were lower than a week earlier.

The total value of cryptocurrencies tracked by CoinGecko was about US$2.79 trillion, with bitcoin accounting for about 59.5%.

For Tuesday morning’s prices, see our earlier report.