Bitcoin Loses Grip in Climb Up as Ethereum Surges

Bitcoin slipped a bit on Sunday as it continued to try to  climb back up, after falling below $48,000 for a time a week ago.

But it’s around 13% higher than where the coin sat at the same time a week ago.

Ethereum, however, shot up more than 34% in the past seven days, hitting $2,968.81 on Sunday, according to CoinGecko.

Other cryptos gained, as well.

“There was already a massive amount of leverage in the market in anticipation of the Coinbase” listing, Bobby Ong, CoinGecko’s chief operating officer, had told TheStreet late April.

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