Bitcoin Tops $70,000, Ether $2,000: What’s Driving The Rally And Can It Last?
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4 Articles
(Seoul = Yonhap News) Reporter Kim Yu-hyang = On the 21st, domestic cryptocurrency-related stocks also surged following news that Bitcoin, the cryptocurrency with the largest market capitalization, had surpassed the $70,000 mark...
As the price of Bitcoin, the leading cryptocurrency, surpasses the $70,000 mark, cryptocurrency-related stocks in the domestic stock market are showing strong gains across the board. On the KOSDAQ market on the 21st, as of 9:27 AM, Woori Technology Investment was trading at 5,860 won, up 925 won (18.74%) from the previous trading day. BitMEX (16.24%), Paratax Ethereum (14.03%), and Danal (11.59%) are also showing sharp increases.
For the first time since the beginning of June Bitcoin cracked the mark of $70,000 again. Within a week the price increase adds up to more than eleven percent.
Bitcoin Tops $70,000, Ether $2,000: What’s Driving The Rally And Can It Last?
BitcoinWorld Bitcoin Tops $70,000, Ether $2,000: What’s Driving the Rally and Can It Last? Bitcoin has surged past the $70,000 mark for the first time in several weeks, while Ether has climbed above $2,000, signaling a renewed bout of risk appetite in the cryptocurrency market. As of the latest trading data, Bitcoin is hovering near $70,200, and Ether is trading around $2,050, according to major exchanges. The move comes after a period of conso…
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