Global #cryptocurrency

After a turbulent start to October, Bitcoin (BTC) has swiftly reclaimed its footing, bouncing back to its familiar range of $65,000 to $67,000.

Toncoin (TON) has faced challenges in breaking through the critical resistance level of $5.37 throughout the month. Despite several attempts, the cryptocurrency has struggled to maintain momentum above this key price point.

After a period of subdued activity since May, Bitcoin (BTC) demand has surged, with a remarkable monthly growth of 177,000 BTC recorded just last week.

A recent report from blockchain analysis firm Chainalysis reveals that North America continues to lead the global cryptocurrency market, with an estimated $1.3 trillion in on-chain value received between July 2023 and June 2024.

Tether Holdings' USDT, a leading stablecoin in the cryptocurrency market, has reached an impressive milestone, boasting a user base of 330 million by the third quarter of 2024.

In a move that underscores the increasing interest in cryptocurrency among Russian financial institutions, several leading banks are reportedly keen to join the Central Bank's pilot program aimed at exploring crypto technologies.