After a brief market correction last night, cryptocurrency markets continue to perform well, with Bitcoin’s price managing to return above the $23k levels, while Ethereum’s price is gaining dominance, surging past $1,600. With Ethereum’s market cap approaching $200 billion compared to Bitcoin’s $451 billion, ETH could soon reach 50% dominance compared to BTC, signaling a potential rally to $2k for ETH. Key Points: Bitcoin returns to the $23k levels while Ethereum surges past $1.6k. ETH dominance is growing, trading volume surpassing half of Bitcoin’s. Ethereum could overtake Bitcoin in the next few months. Elon Musk still has eyes for cryptocurrency
The post Bitcoin Price Holds Above $23K While Ethereum Price Surges Past $1,600 appeared first on The Merkle News.
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