Here’s what happened in crypto today

On October 19, 2023, Bitcoin experienced a significant price surge, reaching a new high of $45,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price climbing to $3,200 as developers announced advancements in its upcoming upgrade. Meanwhile, regulatory discussions intensified in the U.S., with lawmakers considering new frameworks for digital asset taxation. Additionally, several altcoins gained traction, with notable performances from Solana and Cardano. Overall, the crypto market showed signs of recovery and optimism following recent downturns.

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