Bitcoin and ether, the two largest cryptocurrencies by market capitalization, recently rose 3.3% and 6.7%, respectively, over the past 24 hours. On Tuesday, BTC crossed $20,000 for the first time since Oct. 5, while ETH topped $1,500 for the first time since the Sept. 15 Merge, the Ethereum blockchain’s technological overhaul. Whether a new longer-range upturn is afoot or BTC and ETH prices are likely to revert to the mean is still unclear.
Related posts
-
Bitcoin rally hinges on rate cut, Bitfinex exec says
U.S. macroeconomic uncertainty drove Bitcoin to a two-month low, but cooling inflation suggests that monetary policy... -
Bitcoin Closes CME Gap, Expert Predicts What Happens Next
Crypto expert Michael van de Poppe has highlighted an important indicator which suggests that Bitcoin could... -
Why Bitcoin could stay low until October: What analysts are saying
The crypto market is on edge as Bitcoin hovers around $57,000, showing several bearish signals that...