homephotos Newscryptocurrency NewsCryptocurrency prices today: Bitcoin continues to be above $20,000, Ethereum, Dogecoin, Shiba Inu, Solna and Polygon gain

Cryptocurrency prices today: Bitcoin continues to be above $20,000, Ethereum, Dogecoin, Shiba Inu, Solna and Polygon gain

SUMMARY

Major cryptocurrencies extended gains on Thursday. Bitcoin remained above the crucial $20,000. The global crypto market cap stood at $972.4 billion, with a volume of $59.9 billion in the past 24 hours.

By Asmita Pant  Oct 6, 2022 11:40:08 AM IST (Published)

2 Min Read

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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose 0.7 percent to $20,322.9. Its market value stood at $390 billion. The trade volume was at $35.1 billion.

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"The major factors driving the price of BTC in the last few weeks are whale accumulation and the US dollar index rising to a 20-year high. If BTC can stay above the current level, we might see an upward growth above the $22,400 level with a change in the trendline soon," said Edul Patel, CEO and Co-Founder of Mudrex.

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