What happened: Ethereum (ETH), the second leading cryptocurrency in market value, gained more than 18.19% in the last 24 hours and was trading at $ 951.85 to date, with a current capitalization of more than $ 103 billion.
The price of ETH has been rising since December 24, shortly after falling to $ 572, according to data from TradingView. Its highest record was set in January 2018, when the price soared to $ 1,432.
Founder and billionaire Cameron Winklevoss of Gemini’s crypto exchange praised Ethereum’s strength tweet on Friday.
$ ETH was the asset with the best performance (up to 450%) in 2020 and is still below its historical maximum. Today is the equivalent of 15K #Bitcoin I would make that bet all day
– Cameron Winklevoss (@cameron) January 1, 2021
What happened to Dogecoin: Meanwhile, after its meteoric rise of 125% yesterday, Dogecoin (DOGE) was trading at $ 0.0106 at the time of this publication, down 10% since the $ 0.0133 rise it hit on Saturday.
Dogecoin is currently 26th out of 8,164 cryptocurrencies in circulation, according to CoinMarketCap.
Previously, it increased 20% after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted about it on December 20th.
Total Crypto Market: Overall, the cryptocurrency’s market capitalization has reached $ 873 billion as of today, with the top ten cryptocurrencies in the green market to date, including Tether (USDT), XRP, Litecoin (LTC) and Polkadot (DOT).
In addition, Bitcoin today has reached another historic record, surpassing $ 34,000 for a period during the day.
Image courtesy of Pixabay.
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