Bitcoin price sets October high with $20K in reach as US stocks rally

Bitcoin price sets October high with $20K in reach as US stocks rally

Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. 

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Traders close in on rangebound BTC

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat.

The largest cryptocurrency reacted positively to lower than expected United States manufacturing data, while in Europe, market turmoil over Credit Suisse gathered pace…


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