Ethereum (ETH) Reclaims $3K Level as Bitcoin (BTC) Eyes $52K (Weekend Watch)

Bitcoin’s price went on the offensive once again after yesterday’s retracements and came inches away from tapping $52,000.After a few consecutive weeks of price increases, the primary cryptocurrency had a quieter seven-day period this time. The only notable price surge came on Tuesday when the bulls drove the asset to a new multi-year peak of precisely $53,000.that pushed the cryptocurrency south by more than two grand.

Its market capitalization has gone above $1 trillion once again, but its dominance over the altcoins is down to 48.6%.Perhaps driven by the hype around the potential approval of spot Ethereum ETFs, the second-largest digital currency, has been on the rise in the past few weeks. This led to the inevitable challenge of the $3,000 level. The asset jumped above it a few times lately but was always pushed back down.

Solana has remained above a round-numbered milestone, as it stands at north of $100 now. BNB, XRP, ADA, AVAX, and LINK are also slightly in the green. UNI has dumped the most on a daily scale , but it is still up by double digits since Friday after this proposition.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

Source: Digital Coin News (digitalcoinnews.net)

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