Bitcoin Hits $11,000 And Ether Price Hits 10 Month High- The Crypto2Cash Chronicle
It’s been a good weekend for crypto! Make sure to not miss out on any price movement with our daily Chronicle
Bitcoin hits $11,000
Bitcoin has continued it’s impressive run during this year, and rose above $11,000 over the weekend. The largest cryptocurrency rose more than $1000 in a matter of just hours, and pushed up it’s yearly high to $11,350, up over 170% since the start of the year. On saturday evening, the price slightly retraced, before spiking again yesterday evening, currently trading at $10,835.
Ether Price Hits 10 Month High
Bitcoin wasn’t the only cryptocurrency that rallied over the weekend. Most Alt-coins followed a similar price pattern, often showing double digit daily gains. Ethereum, the second largest cryptocurrency in total market capitalization, hit a new yearly high of $309, up by over 120 percent since the start of the year. Compared to it’s all time high of $1,431, this rise in price is still fairly meager, whereas Bitcoin already managed to retrace 40 percent of it’s bear market slide.
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