Bitcoin Rises Above $20,000; Ethereum Jumps By Over 10 Per Cent

Posted on the 26 October 2022 by Nftnewspro

Cryptocurrency price on October 26 quick take: Pro-crypto Rishi Sunak’s appointment as the UK Prime Minister is believed to offer a much-need boost to crypto prices

Rishi Sunak’s appointment as the new UK Prime Minister appears to have offered a much-needed boost to crypto prices. Following the pro-crypto Conservative leader’s appointment, Bitcoin (BTC) price climbed above the $20,000 mark after weeks of slump. Ethereum (ETH) emerged to be one of the biggest gainers, with a jump of over 10 per cent in the last 24 hours. Other popular altcoins — including the likes of Dogecoin (DOGE) and Solana (SOL) — saw a rally in prices across the board. The Toncoin (TON) token emerged to be the biggest gainer in the last 24 hours, with a gain of nearly 24 per cent.

At the time of writing, the global crypto market cap stood at $978.31 billion, registering a gain of 4.95 per cent in the last 24 hours, as per CoinMarketCap data.

Bitcoin (BTC) price today

Bitcoin price stood at $20,276.82, seeing a 24-hour jump of 4.75 per cent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 17.26 lakhs.

Ethereum (ETH) price today

ETH price stood at $1,487.31, marking a 24-hour gain of 10.42 per cent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.27 lakhs.

Solana (SOL) price today

Solana price stood at $31.16, marking a 24-hour jump of 9.37 per cent. As per WazirX, SOL price in India stood at Rs 2,551.

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