After pumping to the $21k level over the weekend and surpassing the $400 billion market cap, Bitcoin’s price continued to rise this Monday, breaking past its one-month high, currently trading at $22.1k. Ethereum price also gained over 28% in the past seven days as the upcoming network upgrade from proof-of-work to a proof-of-stake consensus mechanism has excited the market. Key Points: Bitcoin’s trading volume is up 19%, showing strong momentum in the market The global cryptocurrency market surpasses $1 trillion, signaling a rebound Coinbase manages to cover massive outflows of stablecoins from its platform Earnings season could help the stock
The post Bitcoin Price Rises Above $22K, Breaks 1 Month High appeared first on The Merkle News.
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