The price of Bitcoin strengthened to almost $19,500 on October 24. However, the volatility in the market remains weak, as traders are in no hurry to return to the crypto sphere.
Regarding Ethereum, the asset has turned out to be the most productive of the top ten cryptocurrencies, it jumped to $1,350, whereas the rest of the leading altcoins add minimal value.
Bitcoin volatility is at its lowest level since the fall of 2020, according to Bloomberg.
According to Sisi Lu, CEO of Venn Link Partners Pte, the increased pressure on the crypto market from regulators was the main factor that provoked investors to exit digital currencies.
