Even with Bitcoin (BTC) price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin exchange-traded fund (ETF), which is set to begin trading on Oct. 19.
While the market waits for the historic ETF launch, BTC bulls are battling to hold the $62,000 level as support. Meanwhile, a handful of altcoins posted double-digit rallies on Oct. 18 as traders look to capitalize on the gains they provide when Bitcoin price consolidates.