Bitcoin touches $43,000, Ethereum reclaims $3000
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Answer Bitcoin touches $43,000, Ethereum reclaims $3000
Bitcoin rose to its highest level in the last 24 hours at $43,124, according to data CoinMarketCap.
The largest cryptocurrency is now up almost 10% since last week.
Meanwhile, the price of Ethereum has now crossed the psychologically important $3000 level.
Almost every cryptocurrency in the top 20 cryptocurrencies by total market capitalization is currently in green (except for Terra and Avax).
The ADA Cardano coin topped the group, up 6%.
The cryptocurrency is now approaching the much-desired $1 level.
The DOT coin, called the Ethereum Killer, is up 5% in the past 24 hours.
The price of Bitcoin Cash rose more than 8% amid reports that Saint Martin may be working to adopt Bitcoin Cash as legal tender.
Read:An electronic payment giant in Brazil announces its support for Bitcoin
Dash, once a leading cryptocurrency, is finally having good times, rising over 8% to rank 69th.
ETC, ALGO, and EO also posted price increases and some recorded double-digit increases, driving the broader crypto market for higher value.
The total value of the cryptocurrency market is currently $1.91 trillion.
The bulls still have a long way to go before reclaiming the $3 trillion mark set at the beginning of November.
Bitcoin market dominance is currently 41.9%.
While the dominance of Ethereum on the market was estimated at 18.7% of the total crypto market valuation.
Read:Analysis: Why this Bitcoin cycle will be somewhat different from any previous one!
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