After Dropping to $5120, Bitcoin Price Surges Above $5,650
Earlier today, on October 20, the Bitcoin price slightly declined from $5,720 to $5,650. But, within the past 48 hours, the Bitcoin price has surged significantly, as the market gained confidence over Bitcoin’s mid-term rally.
On October 18, the Bitcoin price plunged from above $5,500 to $5,120, as the entire cryptocurrency market endured a major correction. Cryptocoinsnews previously reported that leading cryptocurrencies including Ethereum and Ripple have fallen by around 10 percent within 24-hour period.