BTC rate hits July high

Bitcoin updated its maximum since the end of July, approaching the $68,000 mark, but then rolled back down. This is evidenced by the data of the trading platform.

On the largest crypto exchange Binance, on October 15, the price of the first cryptocurrency at one point reached $67,950.

“After a sharp rise to a new autumn record, the price of Bitcoin rolled back to $65-66 thousand,” noted BitRiver financial analyst Vladislav Antonov.

According to him, the path is open to $68.8 thousand – resistance from the May peak of $73.7 thousand is formed at this level. Its breakout may provoke massive purchases of BTC with a target of about $90 thousand.

Due to price fluctuations, exchanges liquidated traders’ positions for $102 million, of which $39 million was in Bitcoin, $27 million in Ethereum (ETH). ETH itself grew from $2.6 thousand to $2.67 thousand, updating the maximum since September, but then fell to $2.62 thousand.

Last week, the name of the alleged creator of Bitcoin became known. The documentary Money Electric: The Bitcoin Mystery by director Cullen Hoback tells that Canadian programmer Peter Todd could have been hiding behind the guise of Satoshi Nakamoto.

Earlier, the Ministry of Finance spoke about the income from the legalization of mining.