In today's recap of events in the cryptocurrency world for October 21, we observe a significant rebound in Bitcoin's value, marking a positive turn after a period of volatility. Meanwhile, traditional safe-haven asset gold has experienced a noticeable reversal in its market performance, leading to discussions about the shifting dynamics between cryptocurrency and precious metals. Additionally, in a noteworthy development within the NFT landscape, Coinbase made headlines by acquiring Cobie's popular “UpOnly” NFT for a staggering $25 million, highlighting the growing intersection between major crypto firms and the burgeoning market for digital art and collectibles.
source: https://blocknews.com/what-happened-crypto-today-october-21-bitcoin-rebounds-as-gold-snaps-and-coinbase-buys-cobies-uponly-nft-25m/