10/24 Market update：BTC Hits New 2023 High, Breaks $35K, Up 14% in 24 Hours
PreviousFederal reserve pause rate hikes in November, BTC breaks $35,000Next10/23 Market Update:BTC breaks $30,000，11.7% increase in 7 days
Last updated
Last updated
Bitcoin prices spiked 14% in 24 hours and surpassed $35,000 for the first time this year, stimulated by anticipation of a spot BTC ETF approval. ETH also successfully broke through $1,800. The crypto market cap grew by $81.4 billion over the past 24 hours.
This rally was mainly due to a tweet by Eric Balchunas, a senior ETF analyst at Bloomberg, stating that BlackRock's spot Bitcoin ETF had been added to DTCC under the ticker IBTC. This is seen as major progress towards the launch of a spot Bitcoin ETF.
Based on Coingecko market data, BTC has broken $33,000, now priced at $33,850.96. ETH on the other hand is now at $1,779.07. Both tokens rose 11.7% and 6.3% in 24h respectively.
Exchange your coins with Tokenlon in one click to keep up with price changes. Tokenlon currently supports trading for 128 tokens, with fees as low as 0.1% for ETH & WBTC, and 0.04% for stablecoins like USDT, USDC, DAI.
Digital assets are highly volatile and unpredictable, do your research before trading.
How to use Tokenlon instant swap
How to use limit order on Tokenlon