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The crypto market continued its rally on Sunday, with bitcoin (BTC) exceeding $ 45,000 for the first time since May and Ethereum (ETH) exceeding $ 3,000. Meanwhile, dogecoin (DOGE) is the top performing coin among the top 100 crypto assets today.
At 09:34 UTC, BTC is trading at $ 44,693, correcting lower from the $ 45,242 reached earlier today. The price is now up 2% in a day and 7% in a week, bringing his monthly earnings to 30%. It is still down 31% from its all-time high (ATH) reached in April.
Meanwhile, the recently upgraded ETH increased its weekly earnings to 23% as it is down 28% from its ATH in May. It is trading at $ 3,136 and is up 4% in one day.
At the same time, DOGE rebounded nearly 22% today, hitting $ 0.266 and taking its weekly gains to 24%. It is still down 64% from its ATH, reached in May.
Other top 10 cryptoassets are showing mixed results today.
“An atmosphere of optimism seems to have returned to the cryptocurrency markets, Paolo Ardoino, CTO at BitfinexBloomberg said. “Bitcoin is leading the charge as Ethereum continues to make gains.” Still, according to Ardoino, “the turbulence we have seen in the crypto markets over the past few weeks is not expected to abate.”
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Learn more:
– Pantera CEO cuts Bitcoin price prediction for 2021, sees ETH outperform
– Bitcoin could exceed 66,000 USD in 2021 and 400,000 USD by 2030 – “Panel of experts”
– Bitcoin should be treated as a five to ten year investment – CEO of Kraken
– ETH “unlikely” to become a “popular currency”, but it can still compete with BTC
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