As at the end of last week, when it reached a provisional all-time high, Bitcoin climbed again unprecedented heights. After exceeding $ 8,000 yesterday, we have another number in our currency zone today: € 7,000.
The trend is still rising. As reported last Friday and predicted in the Bitcoin price analysis from the weekend, the leading crypto currency is still on the upswing. For example, Bitcoin has now risen to a value of more than 7,000 euros for the first time (equivalent to approximately 8,250 US dollars). As a result, the market capitalization also rised to a new high record on Monday evening, amounting to 117 billion euros.
In contrast to the last rally of Bitcoin the current high-altitude flight is not at the expense of Altcoins. The top 20 crypto currencies are almost always in the green zone. Especially Ethereum sets with a market value of over 300 euros for the first time in almost three months again to a strong increase. There is also a lot of evidence that Ethereum is also on the rise. If this trend continues, the # 2 crypto currencies could reach a new all-time high this year. During the year, Ethereum had already failed two times as close to the $ 400 hurdle, but then dropped back below it both times.
In addition to Ethereum, Litecoin and IOTA are attracting attention from the top 10 in the last 24 hours, each of which has climbed to its highest level for more than two months. The total market capitalization of the crypto currencies is now equivalent to over 207 billion euros. In these circumstances, it is not surprising that despite all-time highs, the market dominance of Bitcoin even fell slightly compared to last week, and now stands at almost 56%. In general, the record high of Bitcoin is synonymous with a strong and robust crypto market.
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Categories: Crypto Currency