The crypto world continues to break its limits as Bitcoin and Ethereum hit their new all-time high (ATH) on the same day. In particular, Bitcoin recorded an ATH of over $64k while Ethereum skyrocketed its price to $2399. As a result, this remarkable event was celebrated by both investors and traders in the crypto space.
Read CRYPTONEWSLAND onIn terms of market standing, both Bitcoin and Ethereum rank at the top among other cryptocurrencies in terms of market capitalization. Specifically, Bitcoin market capitalization amounts to over $1 trillion while Ethereum amounts to almost $300 billion.
Furthermore, this milestone that both Bitcoin and Ethereum achieved brings motivation to investors and the other altcoin in the crypto market. In the past few days, crypto analyst Lark Davis expressed his reaction about the top 100 cryptos hitting $1 trillion market capitalization altogether.
Moreover, these great performances that the crypto recently achieved indicate the stability of the crypto world. Despite the global pandemic, cryptocurrencies continue to surge and make new ATH records. Truly, the crypto world has the potential to be the future of the financial system.
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