Crypto Blog
The primary cryptocurrency reacted well to the mid-week price drop to under $63,500 and soared past $68,000 earlier today.
BTC dropped by $2,000 immediately but went on the offensive on Sunday evening and Monday. As such, it marked a 6-week peak of over $68,400. Although bitcoin has slipped to around that level now and has been unable to conquer it decisively, its market cap has jumped to $1.340 trillion, while its dominance over the alts stands close to 53%.Although the spot Ethereum ETFs have seen massive outflows in their first days of trading, the price of the underlying asset managed to recover some ground after the slumped to $3,000 earlier this week. As of now, ETH stands close to $3,300.
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