Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
Bitcoin hit a brand-new all-time high as traders are piling into ether futures.
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world's leading cryptocurrency.