Ethereum explodes until 2021 peaks, Bitcoin Eyes Ath: Market Watch

Bitcoin (BTC) has experienced a substantial price increase in the last 24 hours and is not far from achieving a new of all time.

Some of the well -known altcoins are also good in the green. Ethereum (ETH) rose to a level that was last seen in 2021, with its market capitalization surpassed $ 520 billion.

BTC again on the run

Bitcoin (BTC) witnessed a gradual price pump last week, followed by a substantial green candle In the course of the latter 24 hours. It was short above $ 122,200 (or less than 1% compared to his all time), while it is currently being traded at around $ 121,600.

A potential factor that causes the newest pump is the coming meeting Between US President Donald Trump and the Russian leader Vladimir Putin. The primary focus of the discussion is supposed to be the final peace between Russia and Ukraine, but we still have to see if A deal will be closed.

Meanwhile, important economic events, such as the US CPI report for July (issued On August 12), extra volatility can propel in the coming days.

The market capitalization of BTC rose to $ 2.42 trillion, which strengthens its place as the sixth largest active in the world. His dominance against the Altcoins remains rather unchanged at around 58%.

ETH leads the Altcoin -Rally

ETH continues its bull run as it temporarily surpassed $ 4,300. This represents a monthly increase of 44%, which marks the highest point since December 2021. Moreover, market capitalization was the $ 520 billion, so turn around Well -known companies such as Netflix and Mastercard.

Other altcoins that register significant price increases in the last 24 hours include XRP (3%), LTC (4%), hype (6%), CRO (7%), Ena (10%) and more. Among the few witnesses of a few small losses are Pi Network’s Pi, Bittensor (TAO) and official Trump (Trump).

The total crypto market capitalization reached a new high point of approximately $ 4.14 trillion, which represents an increase of 2% compared to yesterday’s figure.