The price of bitcoin on October 29 was $20,971, up 8.21% from the price of $19,379 on October 1.
The current price of Bitcoin reflects its monthly high after facing the prospect of a further decline below $20,000 in price.
Notably, on October 29, the market capitalization of Bitcoin stood at $402.31 billion, up roughly $30.84 billion from the $371.47 billion value on October 1