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Crypto Morning: Bitcoin consolidates at US$ 72 thousand; FTX director frees himself from prison

Nishad Singh, right-hand man of Sam Bankman-Fried, avoided a long prison sentence for his “remarkable cooperation” in the investigation into the collapse of FTX

Saori Honorato

Oct 31, 2024 07:57

Article image: Crypto Morning: Bitcoin consolidates at US$ 72 thousand; FTX director frees himself from prison

Photo: Shutterstock

Bitcoin (BTC) shows stability this Thursday morning (31) and is on track to close October with an appreciation of 13.2%, confirming the historic upward trend for this month.

Late Wednesday afternoon, BTC reached a peak of the day at US$ 72.8 thousand and showed signs that it could break the barrier of US$ 73 thousand again, where its all-time high is. However, Bitcoin oscillated downwards until reaching a bottom of US$ 71.9 thousand and has since remained in the range of US$ 72.2 thousand, down 0.3% on the day.

On the other hand, in reais BTC rises 1.2% and is trading at R$ 418, as the dollar continues to rise, reaching R$ 5.80 on Wednesday, the highest price seen since March 2021.

Most other cryptocurrencies in the top 10 are also in the red this morning, including Ethereum (-1.9%), BNB (-2.9%), and Solana (-1.5%). The only coins in this group in the green are Dogecoin and Tron, with simple gains of 0.7% and 1.3%, respectively.

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