Bitcoin higher Monday morning after October rally in cryptocurrency market | Fox Business

Bitcoin rallied nearly 40% in October, hitting a fresh record high of $66,975.

While key indicators favor a positive follow-through in the coming months, CoinDesk reported, it may not be a smooth ride if the impending scaling back of stimulus, also known as the taper, by the U.S.

On Friday, Ether, the world’s second largest cryptocurrency, hit an all-time high.

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