On October 31, the value of the Bitcoin cryptocurrency rose by about 5 per cent, exceeding the $ 14 thousand mark, and beat the rate of January 2018.

Overall, Bitcoin gained about 26 per cent in October. Analysts at JPMorgan said in mid-October that the cryptocurrency is overvalued and should be worth 13 per cent less.

On October 23, the value of bitcoin broke the $ 13,000 mark for the first time since June 2019.

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