Daily Trade News

BTC price passes $57.4K in a fresh surge toward February resistance



© Reuters.

(BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking $57,000 after reaching $57,450 on Bitstamp — its best since May 10.

Bitcoin supply vs. U.S. debt-to-GDP chart. Source: Mike McGlone/Twitter