Investors have switched to digital technologies

Bitcoin has updated its two-month maximum, breaking the $68.4 thousand mark. Cryptocurrencies are growing amid the Fed's rate cut and the growth of the US stock market. The statements of US presidential candidates regarding the development of the cryptocurrency market are also having a positive effect on investor sentiment. As a result, there is a steady inflow of funds into the spot ETF-BTC. However, further movement does not yet look stable, although an update of the historical maximum of $74.5 thousand is not excluded.

According to Coinmarketcap, the cost of bitcoin on Wednesday, October 16, exceeded the $68.42 thousand mark, updating the maximum since the end of July. Despite the fact that in the afternoon, taking into account the correction, the quotes fell to $67.9 thousand, compared to the close of Tuesday, the growth was about 1.3%. The bullish game has been going on for the third day in a row, during which time the world's leading cryptocurrency has added 8% in price.