Home / Market Update / Cryptocurrency / Bitcoin Shows Recovery Signs and Ether Gives Up Record High

Bitcoin Shows Recovery Signs and Ether Gives Up Record High

Bitcoin rose on Monday, reducing its recent losses that came amid a strong correction wave and selling pressures that brought the price of the world’s largest digital currency below $30,000.

Over the past 24 hours, Bitcoin rose by about 3% to near $32,600, cutting its losses over the past seven days to 9.67%.

Year-to-date, the Bitcoin is up by around 17%.

Meanwhile, Ethereum, the second-largest cryptocurrency around the globe, rose to a new all-time high on Monday, reaching $1,476.

However, the Ether has retreated to $1,340, reducing its gains over the past seven days to 9.39%.

Check Also

Oil Prices Plunge as OPEC+ Increases Supply Amid Global Trade Fears

A significant shift in global oil markets occurred as major oil-producing nations announced a larger-than-anticipated …