Today news
About the same in other media
Bitcoin, ether hit all-time highs as momentum accelerates
Reading now: 296
moneycontrol.comBitcoin and ether hit record peaks on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.
Though both virtual currencies pulled back from their highs in the U.S. session, their trajectory was clearly headed higher.
Bitcoin rose as high as $68,564.40 and was last down 0.1% at $67,325 while ether, the second-biggest cryptocurrency by market value, earlier hit $4,842.65 before trading down 0.7% at $4,774.
Both have more than doubled since June and added nearly 70% against the dollar since the start of October.
"This move is a culmination of months of net outflows from exchanges and coming off the market, coupled with increasing demand," said Martha Reyes, head of research
Read more on moneycontrol.comAbout this in other media
Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — latest data cointelegraph.com /3 years ago
IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high cointelegraph.com /3 years ago
All-Time High Weekly Close for Bitcoin Boosts Sentiment as 2022 Nears cryptonews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
