Crypto Market Update for Oct 25th – Bitcoin and Ethereum Prices Show Bullish Momentum

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After little change last week and a slow start on Monday, Bitcoin and Ethereum prices are showing significant bullish momentum today, with BTC peaking above $20k and Ethereum rallying past $1,400. The global cryptocurrency market cap is up 3% today, currently at $957 billion. There’s no doubt that the markets are highly bullish today. Let’s look at relevant news causing today’s price action. Key Points: Bitcoin and Ethereum show substantial bullish price action as BTC peaks above $20k and ETH aims for $1,500. Bitcoin’s increasing correlation with Gold sets it up as an inflation hedge and a safe haven for

The post Crypto Market Update for Oct 25th – Bitcoin and Ethereum Prices Show Bullish Momentum appeared first on The Merkle News.

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