What happened: Ethereum (ETH), the second leading market capitalization cryptocurrency, has risen more than 18.19% over the past 24 hours, trading at $ 951.85 at the time of going to press, with a current capitalization of more than $ 103 billion.
The price of ETH has risen since December 24, just after falling to $ 572 according to TradingView data. The all-time high was reached in January 2018, when the price rose to $ 1,432.
Gemini crypto exchange founder and billionaire Cameron Winklevoss pointed out the strength of Ethereum in a tweet on Friday.
$ ETH was the best performing asset (450% higher) than 2020 and still lower than its everyday high. Today it is equivalent to 15K # Bitcoin I would take the bet all day
– Cameron Winklevoss (@cameron) 1 January 2021
What happened to Dogecoin: Meanwhile, Dogecoin (DOGE) traded 125% up one day at $ 0.0106 yesterday morning, up 10% from its $ 0.0133 high on Saturday.
According to CoinMarketCap, Dogecoin is currently 26th among 8,164 cryptocurrencies in circulation.
It has previously increased by 20% Tesla Ing (NASDAQ: TSLA) CEO Elon Musk tweeted about it on December 20th.
Total crypto market: Overall, the market capitalization of cryptocurrency reached $ 873 billion as of today, with the top ten cryptocurrencies in the green at press time, including Tether (USDT), XRP, Litecoin (LTC) and Polkadot (DOT).
Also, Bitcoin reached another all-time high today, surpassing $ 34,000 during the day.
Image courtesy of Pixabay.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.