Bitcoin, Ethereum Both Reach All-Time Highs

The price of Bitcoin has risen 7% in the last 24 hours and 10% in the last week to reach past $67,600, a new record per data from CoinGecko.

Not to be outdone, Ethereum, the second-most valuable crypto asset by market cap, passed $4,800 for the first time to set a new record.

Bitcoin’s last record high came just 19 days ago, when the asset’s price sailed to $67,276. BTC then dipped all the way below $60,000 before recovering. Most of the weekly price movement has come within just the last two days.

ETH has followed a similar upward trajectory. After hitting just below $4,675 on November 3, it dipped over the weekend before taking advantage of a 5% rise in the last 24 hours; it’s up 12% this week.

Crypto markets are green all over at the moment, with Cardano, XRP, and Dogecoin all registering bumps above 5% today. Overall, the global market cap stands at $3 trillion, having risen 5% in the last day.

8 November 2021 23:52