Bitcoin continues its rise, reaching its highest price in a month yesterday at over $67,400. Ethereum also joined the rally, breaking through the $3,000 resistance and rising above $3,100. 📈
Bitcoin experienced significant difficulties in early May, when its price fell to a multi-month low of less than $57,000. However, thanks to lower US inflation announced on Wednesday, the cryptocurrency has soared. 💸
Despite some losses since then, BTC is still trading around $67,000. Its market capitalization increased to $1.320 trillion on CG, but its dominance over alts fell slightly to 51.6%.
The second-largest cryptocurrency, Ethereum, also showed gains, breaking the $3,100 mark for the first time in a week. The total crypto market capitalization increased by approximately $20 billion overnight and now stands at $2.560 trillion at CG.$BTC #Bitcoin #binance #Notcion