The price of Ethereum rises to its highest level in two months and Bitcoin tests the level of 24 thousand dollars
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Answer The price of Ethereum rises to its highest level in two months and Bitcoin tests the level of 24 thousand dollars
After several days of volatility and low volatility, Bitcoin rose above $24,000 yesterday but was rejected there.
Altcoins also saw some impressive gains, especially with Ethereum soaring to a new monthly high.
Currently, Bitcoin, Ethereum, and other alternative cryptocurrencies are in a state of remission.
Bitcoin tests the $24,000 level:
After July ended in the green, the first positive month since February 2022, Bitcoin started to bounce back a bit and fell from $24,000 to below $22,500 in a matter of days.
The aforementioned drop came on August 4, but Bitcoin bounced back fairly quickly and returned to the $23,000 level.Read:After a long wait… Ripple (XRP) is added to Coinbase
Bitcoin calmed down there and spent the next few days around that level without any major moves in either direction.
After a relatively dull weekend, Bitcoin finally started to move and jumped to a daily high of $24,250.
Bitcoin stopped there and retraced below the level of 24 thousand dollars and is still trading below it, recording a market value of more than 450 billion dollars.
Ethereum hits its highest level in two months:
Altcoins also saw a price increase yesterday, led by Ethereum.
Ethereum traded around $1,650 in the past few days, but it started to rise and the price reached $1,800.
This became the highest price of the coin in exactly two months.
The price of Ethereum has rebounded a bit since then and is now under $1800.
Yesterday, Binance coin also hit a 2-month peak.
Binance coin is now stable at $320 after a slight daily decline.
After the fluctuation of the past 24 hours, the total market capitalization of cryptocurrencies has remained stable above the $1.1 trillion level.Read:GBI cooperates with Ripple to facilitate the process of spending and trading gold
In the Binance and “WazirX” case…the parties pledged to cooperate with the ED on equity and transactions
Ethereum founder talks about price predictions and Ethereum fees after the upcoming upgrade
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