Bitcoin to the Moon? It certainly seems like that. The largest and oldest cryptocurrency is hitting all-time highs. bitcoin price It flies to a high of $64,000 on Tuesday. At the time of this writing, it stands at $62,101. Weekend trading is generally slow. It is an increase of more than 21% in 7 days.
Continued ETF activity has helped the largest virtual coin rise. analysts said decryption The bull run may have just begun.
Trading in newly approved Bitcoin funds on Wall Street is very popular, with BlackRock in particular experiencing record inflows and trading days.
As a result, Bitcoin is now not far from hitting its all-time high of $69,044 per coin in November 2021. In fact, we were within 11% of that milestone.
Ethereum also growled. The price of the second-largest digital coin is currently $3,440. It’s up 18% in seven days as the network gets closer to its long-awaited Dencun upgrade.
And Solana (SOL), the fifth largest cryptocurrency by market capitalization, is also showing a sharp decline. Ethereum rival Ethereum jumped to a 22-month high on Thursday but is currently trading slightly below that level at $129.08, up 30% in seven days.
Among the largest digital coins and tokens, Dogecoin (DOGE) emerged victorious with a week of gains. Elon Musk’s personal favorite coin was the highest performing cryptocurrency.
It continued to see strong gains on Friday and today hit $0.1427, a 50% increase in seven days. However, unlike Bitcoin, DOGE still has a long way to go before reaching its all-time high of $0.73 in May 2021.
And the 19th largest digital asset, the Shiba Inu, soared nearly 50%.
But smaller memes stole the show, with Pepe in particular making astronomical gains. The Ethereum-based coin has surged 200% in seven days and remains 14% below its all-time high.
Edited by Ryan Ozawa.
