Ethereum Touches Two-Year High; Bitcoin Bounces Back After a Thrilling Journey

Ethereum Touches Two-Year High; Bitcoin Bounces Back After a Thrilling Journey

The cryptocurrency trading arena has been a hotbed of activity recently with Bitcoin (BTC) reaching a groundbreaking high, followed by a swift fall, and then a remarkable recovery of the majority of its value lost. Amid this whirlwind, Ethereum (ETH) has posted a commendable performance, touching an ‘eth 2 year peak’ above the $3,800 mark. The unpredictable nature of Bitcoin’s value was sparked by the green light given to spot Bitcoin ETFs and the build-up to the forthcoming halving. Kicking off the week on a high note, BTC surpassed the $62,000 resistance level, scaling to a high close to $69,000, thus exceeding its previous 2021 peak. Nonetheless, the asset encountered a sudden dip, losing around ten grand post establishing its new high, but managed to steady itself, trading just shy of $67,000. Concurrently, ‘eth 2 year peak’ was marked by Ethereum, the runner-up in the cryptocurrency realm, which upped its ante by 4%, setting a new record for a two-year high at $3,870. Even though a majority of the large-cap altcoins witnessed daily losses, APT, UNI, and LEO skyrocketed with double-digit growth. In summary, the total market cap witnessed a swing of over $150 billion but currently stands a little over the $2.6 trillion mark.


Not financial advice. Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!


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