Crypto Currency: Record increase in the price of bitcoin and ethereum, know where the prices of the world’s most popular cryptocurrencies reached
There has been a tremendous increase in the price of cryptocurrencies. After this, the price of bitcoin, the world’s most popular currency, has crossed its all-time high of $ 67,700 on Monday. With this the price of Ethereum also crossed $48,000 for the first time.
There has been a tremendous increase in the price of cryptocurrencies. After this, the price of bitcoin, the world’s most popular currency, has crossed its all-time high of $ 67,700 on Monday. The trend of bullishness was not here, its price is increasing continuously in the last 24 hours. According to CoinDesk, currently the price of bitcoin has reached $ 68,249.59. Significantly, after three weeks, this rally has been seen in bitcoin. On October 20, its price had reached near 67,000.
The price of Ethereum crossed $4800 for the first time, the price of the second most popular currency after bitcoin is also skyrocketing. With a sharp rise, the price of this cryptocurrency has reached $ 4,800 at the moment. Ethereum crossed the 4800 mark for the first time with a gain of four percent. Its price has gone up by about 59 percent since the beginning of October.
Cryptocurrencies GivePercentBitcoin and Ethereum Both cryptocurrencies have been giving 70 per cent higher returns against the dollar since October. The rally in bitcoin and other currencies started from the month of October. After the launch of exchange-traded funds (ETFs) of cryptocurrencies in the US last month, their prices have seen a steady rise.
This was the first bitcoin ETF launched.
For the first time, the market cap ofcrossed $ 3 trillion crypto hasrapidly, its market cap has now reached three trillion dollars (three trillion dollars) for the first time. Around 13,796 currencies are currently trading in crypto. The highest ever price of bitcoin was in April 2021. At that time bitcoin was trading at $64,889. After that the trend of decline in this currency started. During the fall, the price of bitcoin had reached 30 thousand dollars. Experts believe that very soon the price of bitcoin can cross the one lakh dollar mark.
There is a lot of craze among the people of bitcoin, bitcoin is the most popular cryptocurrency. Bitcoin was launched in the year 2008. Crypto experts believe that by the end of the year, the price of bitcoin can go up to 98,000 dollars. Fundstrat Global Advisors said on this new increase that other cryptocurrencies, including bitcoin, are likely to strengthen in the coming weeks.