homephotos Newscryptocurrency NewsCryptocurrency prices on October 12: Bitcoin climbs above $19,000, Ethereum below $1,300

Cryptocurrency prices on October 12: Bitcoin climbs above $19,000, Ethereum below $1,300

SUMMARY

Cryptocurrencies traded mixed on Wednesday. Bitcoin regained above $19,000 levels, and Ethereum remained below $1,300. The global crypto market cap stood at $918.3 billion, with a volume of $48.8 billion in the past 24 hours.

By Asmita Pant  Oct 12, 2022 9:31:42 AM IST (Updated)

2 Min Read

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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose 0.3 percent to $19,066.2. Its market value stood at $365.4 billion. The trade volume was at $27.2 billion.

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"BTC struggles to reestablish the $19,000 level as support which is crucial for bulls. If bulls lose control over it, BTC's support might fall to $18,000. Since the volume is low, the bounce back might take some time," said Edul Patel, CEO and co-founder of Mudrex.

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