Bitcoin near $84,550 after rising to a one-week high; ether above $2,500
Bitcoin was up about 2% over 24 hours late on Wednesday, GMT, CoinGecko data showed, as US technology shares rose after earnings from SpaceX and Super Micro Computer.
Bitcoin was trading at about US$84,550 as of 5:46pm GMT on Wednesday 21 October, up about 2.1% over 24 hours and 3.6% over seven days, according to CoinGecko data. Over the previous 24 hours it traded between about US$82,330 and US$84,810.
CoinDesk reported that bitcoin reached its highest level in a week on Wednesday as technology shares rebounded in Asia and the US after strong results from SpaceX and Super Micro Computer. It also reported that SpaceX and Tesla, which have formed special committees to explore a merger, together hold more than 30,000 bitcoin on their balance sheets.
Ether was at about US$2,514 as of 5:46pm GMT, up 2.6% over 24 hours and 3.4% over seven days, CoinGecko data showed.
Among other large tokens, BNB was at about US$750, up 1.7% over 24 hours; XRP was near US$1.38, up 4.1%; Solana was at about US$108.53, up 1.8%; and Dogecoin was near 8.3 US cents, up 2.4%.
The total value of cryptocurrencies tracked by CoinGecko was about US$2.85 trillion, with bitcoin accounting for about 59.6%.
US spot bitcoin exchange-traded funds took in a net US$23.2 million on Tuesday 20 October, US time, after US$526.7 million on Monday, according to Farside Investors data. US spot ether funds recorded net outflows of US$26.1 million on Tuesday, Farside data showed.
For Wednesday morning’s prices, see our earlier report.
Sources
- Cryptocurrency prices by market cap · CoinGecko
- Live updates: Bitcoin rises to $84,000 as SpaceX leads markets higher · CoinDesk
- Crypto rises with Asian tech stocks, zcash extends gain after setting upgrade date · CoinDesk
- Bitcoin ETF Flow (US$m) · Farside Investors
- Ethereum ETF Flow (US$m) · Farside Investors
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