Cryptocurrency. It is the thing that is taking the world by storm and those of you that are invested in it are probably keeping a close eye on it.
So, the questions are what are the latest cryptocurrency trends? And what is the latest cryptocurrency news?
Well, here is some cryptocurrency news today for you.
Bitcoin Breaks Records
One of the biggest pieces of news for those in the cryptocurrency world is that bitcoin broke its all-time high as of October 20th. This crypto continues to soar like crazy.
At the end of September, its value was around $43,000 per coin. Now, it has gone up by about 50% from that in just three weeks, being valued at around $66,000 per coin currently.
Why is bitcoin taking off? There are rumors that it is because of the rise of the bitcoin ETF.
Its futures made their debut very recently and there has been some very good trading with that, thus increasing the value of bitcoin. There was about $1 billion worth of trading from bitcoin futures just on its first day.
There has yet to be a final decision on the bitcoin ETF ruling but if it gets approved, the value of the coin is only expected to go up.
Uniswap High Volume
In the past week, Uniswap has broken its record for all-time high volume at $115 million respectively. The decentralized exchange has been seeing more and more action with other coins breaking their own record and increased regulation coming in from other sectors.
Ethereum 2.0?
Bitcoin is grabbing a lot of the headlines right now but ethereum is quietly having a nice raise in value. At the end of September, it was trading for less than $3,000 per coin.
Now, it just broke $4,000 per coin and some speculate that it will go a lot higher with the rumors of ethereum 2.0 being released sometime soon.
Bitcoin is still the king of the market cap by a good margin but ethereum seems to be the only one close in its rearview mirror.
OKB Biggest Jump
Finally, the biggest jump percentage-wise in the last 24 hours and the last seven days at the time of writing goes to OKB. This has gone up by 50% just in the last seven days, trading from around $16 per coin last week to over $24 per coin now.
If you look back even further, you can see that this has seen an even better increase since the end of September, doubling in value from around $12 back then.
Backers of this coin can enjoy the rise for now, and see if it can get back to the year-high in May of around $42 per coin.
Find More Cryptocurrency News Today
This is the latest cryptocurrency news today. Keep an eye on the main coins like bitcoin and ethereum but also pay attention to some rising altcoins like OKB to maximize your investment potential.
However, those of you that have invested in crypto for a while know that this can change daily. To follow more updates, keep an eye on our Top Trending articles.
