Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Bitcoin price suddenly returned to the levels above $ 8600

    Bitcoin price suddenly returned to the levels above $ 8600

    0
    By BlockchainJournal on October 25, 2019 Bitcoin News, News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Today, October 25, the price of the first cryptocurrency made a sharp jump above the $ 8600 mark.

    The chart below shows that a sharp movement of more than $ 1000 (> 15% from previous marks in the region of $ 7400) occurred against the background of a significant increase in trading volumes:

    Four-hour chart of BTC / USD exchange Bitstamp from TradingView

    According to the Rekto service, over the past 24 hours, positions at $ 200 million were liquidated on the largest crypto-derivative exchange BitMEX, and over the last hour more than $ 28 million.

    In turn, a new record was fixed at the regulated supply market of Bakkt futures – 770 BTC in trading volume over the last day.

    ∙ Today's volume so far: 770 BTC
    ∙ Last traded price: $ 8,500.00
    ∙ Trading day progress: 42% (if this continues: 100% equals to 1834 BTC)

    – Bakkt Volume Bot (@BakktBot) October 25, 2019

    According to the “tradition”, altcoins grow along with digital gold:

    Data: CoinMarketCap

    It is noteworthy that against the backdrop of a sharp recovery in the market, the stablecoin Tether lost parity with the underlying American dollar.

    Earlier, BlockchainJournal reported on large transactions with Tron (TRX) related to the migration of USDT tokens from one blockchain to another and, presumably, with an increase in the market offer of Tether itself.

    Also earlier today , a statement was announced by President Xi Jinping in support of blockchain technology. It is possible that it had a positive effect on market sentiment.

    Subscribe to the BlockchainJournal YouTube Channel!

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Bakkt Bitcoin BitMEX Bitstamp blockchain BTC CoinMarketCap Featured Offer Parity tether TRON TRX USD USDT
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid’s USDH stablecoin call sparks fairness and governance debate

    September 5, 20253 Mins Read

    SharpLink to explore staking part of its $3.6 billion ETH treasury on Linea

    September 5, 20253 Mins Read

    Strategy Inc.’s path to the S&P 500 faces committee discretion, extreme volatility, and Bitcoin-dependent results

    September 5, 20253 Mins Read

    Historic wallet awakens: 479 BTC (52 million USD) moved after 13 years

    September 5, 20253 Mins Read

    Coinbase accelerates toward a majority of AI-generated code amid a global trend

    September 5, 20253 Mins Read

    World Liberty Financial Blocks Justin Sun’s Wallet Amid WLFI Controversy

    September 5, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.