The world’s largest cryptocurrency by market capitalisation, touched its all-time high of $67,139 last week, after the first Bitcoin futures exchange-traded fund was launched at the New York Stock Exchange.
Between ETF approval, ETF launch and now new all-time highs, the pace of news is frenetic, but all positive,” said ZebPay Trade desk.
Ether, the second most valuable cryptocurrency in the world has also been touching record highs in the last few weeks ahead of a major upgrade of its underlying platform, Ethereum.
Ethereum has shown indications of the start of strong bullish momentum which will trigger other Altcoins towards fresher rallies,” mentioned WazirX trade desk.
Coinstar, known for its machines that can exchange physical coins for cash, has partnered with digital currency exchange CoinMe to permit customers buy bitcoin at some of its kiosks.
The total traded volumes increased more than 12 per cent over the past 24 hours and the total cryptocurrency market cap went past the $2.61 trillion mark,” said by Edul Patel, chief executive officer and co-founder, Mudrex, a global crypto trading platform.