Cryptocurrency prices on October 18: Bitcoin rises above $67,800; Dogecoin and Shiba Inu jump up to 10%

economictimes.indiatimes.com:

Bitcoin, Dogecoin, Solana, and Shiba Inu. The global cryptocurrency market cap increased by 0.9% to approximately $2.33 trillion in the last 24 hours.

At 2:07 pm IST, Bitcoin (BTC) was trading 0.86% higher at $67,869, while Ethereum rose by 0.7% to $2,637. Earlier in the day, Bitcoin briefly touched the $68,300 mark.

Among other major cryptocurrencies, BNB gained 0.3%, Solana 0.7%, Dogecoin surged 10.6%, and Shiba Inu increased by 3.7%. Chainlink and Litecoin also posted gains of 3% and 1.8%, respectively. Meanwhile, XRP, Tron, Cardano, and NEAR Protocol saw marginal declines of up to 0.7%.

Vikram Subburaj, CEO of Giottus, commented on Bitcoin’s performance, saying, «Bitcoin is consolidating below a key resistance level at $68,000. With nearly $1.5 billion in inflows into spot ETFs this week, the momentum is on the side of the top crypto asset. A clear break above this resistance could push Bitcoin towards $69,000, the final hurdle before aiming for new all-time highs.»

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Subburaj also highlighted Ethereum’s stability, stating, «Ethereum is