Cryptocurrency price gains coincide with crypto futures volume rising 19% to $190B
Image: The Cryptonomist
Bitcoin reached a one-week high near $83,500 on October 21, 2026 , as an earnings-driven rebound in Asian technology stocks supported cryptocurrency price gains. Zcash and Near outpaced the largest tokens, while futures trading accelerated and Elon Musk confirmed merger discussions between SpaceX and Tesla, whose combined balance sheets hold more than 30,000 bitcoin. Key takeaways Bitcoin climbed 0.6% from midnight UTC alongside stronger Asian equities. Zcash gained about 11% over 24 hours ahead of its November upgrade. Crypto futures turnover reached $190 billion, with $284 million in liquidations. Asian technology rally supports cryptocurrency price gains South Korea’s Kospi rose 3.29% and Nasdaq 100 futures advanced 0.44% as strong corporate results lifted risk assets. Ether followed bitcoin higher, gaining 0.6% from midnight UTC to around $2,460.
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