Bitcoin and ether hit new highs by Reuters


2/2 © Reuters. A representation of the virtual currency Ethereum is seen in front of a stock chart in this illustration 2/2

SINGAPORE (Reuters) – It hit a new high in Asian trading on Saturday, extending a two-month rally that saw its market cap cross $ 1 trillion a day earlier. The world’s most popular cryptocurrency rose to a record $ 56,620, taking its weekly profit to 18%. It has increased more than 92% this year. Bitcoin’s gains have been driven by evidence that it is gaining acceptance among major investors and companies such as Tesla (NASDAQ 🙂 Inc, Mastercard Inc (NYSE :), and BNY Mellon (NYSE :). Ether, the second largest cryptocurrency by market capitalization and daily volume, hit a record high of $ 2,040.62, for a weekly gain of around 12%. Ether is the digital currency or token that facilitates transactions on the ethereum blockchain. In the world of cryptocurrencies, the terms ether and ethereum have become interchangeable. The Ether futures contracts were launched on the CME derivatives exchange earlier this month.

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.