The cryptocurrency is up more than 14 percent since Sunday night.
(Photo: dpa)
Dusseldorf The crypto market continued to expand its weekly gains on Wednesday: According to data from the analysis house Coinmarketcap, Bitcoin was last quoted at around $23,500 and peaked just below the $24,000 mark at the highest level since June 13. The oldest and most important cryptocurrency has risen by 14 percent since Sunday evening.
Even clearer are the price gains for ether, the second most important cyber currency, which many industry experts see as having greater technical potential compared to bitcoin. Here the price is approaching the $ 1,600 mark and has risen by up to 18 percent since Sunday evening. Other Alt-Coins have also increased significantly recently.
Observers currently see two reasons for rising prices. On the one hand, investors’ renewed willingness to take risks, which is also reflected in the stock market.
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