Cryptocurrency prices..Bitcoin is rising again and awaits “historic profits.” Bitcoin price today
The prices of cryptocurrencies varied today, Saturday, October 1, 2022, while Bitcoin caught its breath and rebounded again.
October is a historic month for Bitcoin when it usually sees profits.
Today, Sunday, October 2, 2022, the market value of cryptocurrencies decreased by 0.13% to reach $ 937.30 billion.
And the volume of trading in the market during the last 24 hours decreased by 55.34% to reach 35.97 billion dollars.
Meanwhile, Spain's largest telecom operator Telefónica announced an investment in local crypto exchange Bit2Me and said it would start accepting cryptocurrencies as payment currency.
Meanwhile, a study by the Basel Committee on Banking Supervision found that the world's largest banks had exposure to cryptocurrency investments worth about $9 billion.
Bitcoin price today
Today, Sunday, October 2, 2022, the price of the Bitcoin currency (Bitcoin BTC) increased slightly.
Bitcoin recorded a 0.31% increase in its price to $19,358.23.
The market capitalization of Bitcoin also increased to $371.06 billion.
September has been a "bad month" for Bitcoin over the past five years, and this continued for the sixth year in a row last September as the coin fell 2.95 percent.
However, October has a better historical record for Bitcoin, as the currency has made gains in October in 7 out of the past 9 years.
Cryptocurrency rates today
The price of the Ethereum coin (ETH) fell by 0.96% to $1,315.18.
The price of Binance coin BNB increased by 0.10% to reach $282.59.
The price of the XRP currency increased by 0.93% of its value, to record $0.4774.
The Cardano coin lost 0.22% to $0.4316.
Dogecoin price fell by 0.76% to $0.06073.
The price of Polkadot increased by 0.35%, to record 6.31 dollars.