Bitcoin near $77,500 on Saturday, about 7% lower for October; ether down about 16% for the month
Bitcoin traded at about $77,550 as of 17:50 GMT on Saturday 31 October, up about 0.5% over 24 hours but about 7% below its price at the start of October, according to CoinGecko data. Ether was near $2,254, about 16% lower than on 1 October.
Bitcoin traded at about $77,550 as of 17:50 GMT on Saturday 31 October, up about 0.5% over the previous 24 hours, according to CoinGecko data.
That was about 7% below CoinGecko’s recorded price of about $83,580 at 00:00 GMT on 1 October, with a few hours of the month still left to trade.
Ether, the second-largest cryptocurrency, was at about $2,254 as of 17:50 GMT, up about 0.5% over 24 hours and about 16% below its 1 October price of about $2,685, CoinGecko data showed.
Other large tokens were little changed on Saturday as of 17:50 GMT: BNB, the token linked to Binance, was at about $706, XRP at about $1.25 and solana at about $96, up about 1.7% over 24 hours. CoinGecko put the total value of all cryptocurrencies at about $2.63 trillion.
Bitcoin fell more than 4% and ether more than 5% on Thursday after the record $6.3 billion theft from Binance, before both recovered some of that ground on Friday, Reuters reported. On Saturday, Binance said it had covered about 90% of the stolen assets and remained on track to resume withdrawals on 1 November, subject to security checks, CNBC reported.
See also: Binance says it has covered 90% of the stolen assets and Friday’s crypto market report.
Sources
- Bitcoin price (BTC) · CoinGecko
- Ethereum price (ETH) · CoinGecko
- Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday · CNBC
- Crypto exchanges call for quick moves to bolster defenses after Binance heist · Reuters (via Investing.com)
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