Cryptocurrency Prices Today on October 16

Cryptocurrency prices keep on being in the green on October 16. The worldwide cryptocurrency market cap is $2.48 trillion, a 4.52 percent increment in the course of the last day, while the complete crypto market volume throughout the most recent 24 hours is $132.29 billion, which makes a 34.73 percent increment. 



Bitcoin's cost is as of now $61,348 and its strength is presently 46.60 percent, an expansion of 1.15 percent throughout the day. 


Bitcoin bested $60,000 without precedent for a half year on October 15, approaching its unsurpassed high, as expectations developed that U.S. controllers would permit a fates based trade exchanged asset (ETF), a move prone to open the way to more extensive interest in computerized resources. 


Cryptocurrency financial backers have been sitting tight for endorsement of the primary U.S. ETF for bitcoin, with wagers on such a move fuelling its new assembly. 


The world's greatest cryptocurrency rose to $61,869.05, its most elevated since mid-April, and was last up 6.9% at $61,346. It has ascended by the greater part since Sept. 20 and is surrounding its record high of $64,895 hit in April. 


The U.S. Protections and Exchange Commission (SEC) is set to permit the principal American bitcoin prospects ETF to start exchanging one week from now, Bloomberg News covered Thursday. Such a move would open another way for financial backers to acquire openness to the arising resource, as indicated by brokers and experts. 


"Crypto ETFs are unavoidable. An item like this will ultimately work out as expected since there is an interest for it," said Chris Kline, head working official and fellow benefactor of Bitcoin IRA. 


"Plainly controllers will endorse some variant of a crypto ETF soon, no doubt by Monday," Kline added. "As controllers become more acquainted with the space, the SEC is beginning to see how these resources are put away, got and accommodated so it bodes well in conventional money."


NO. NAME PRICE
1 Bitcoin $61,373.04
2 Binance Coin $475.15
3 Solana $159.52
4 Ethereum $3,837.09
5 Cardano $2.23
6 XRP $1.14
7 Tether $1.00
8 Polkadot $44.06
9 Dogecoin $0.24
10 USD Coin $1.00
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