Ethereum Hits All Time Highs

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Avatar for Mr.B-Education
3 years ago

After last week's rough patch, we are beginning to see some positives in the market.

  • Bitcoin has continued to regain lost ground rising a little more than 7% as of Monday morning. Currently sitting around $34,000 USD. 

  • The second-largest cryptocurrency, Ethereum, has hit all-time highs as of Monday morning. Setting a new high of $1,476 USD.

  • Although Bitcoin is still around 15-20% below its all-time high, it is still more than 15% since the beginning of the year. 

As more institutional demand increases, individuals are arguing that Bitcoin is as safe of an investment as gold. However, as always, many continue to argue that Bitcoin is in a bubble.

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