Home web3.0 Crypto Market Update: Bitcoin Crosses the 60k-Dollar Mark, Ethereum Surpasses the 2.5k Threshold

Crypto Market Update: Bitcoin Crosses the 60k-Dollar Mark, Ethereum Surpasses the 2.5k Threshold

Aug 14, 2024 pm 09:34 PM
bitcoin Ethereum Toncoin

After an abysmal start to the week, the crypto market finally gained stability on Tuesday. The day witnessed Bitcoin, Ethereum, and other top cryptos gaining back some of their lost value.

Crypto Market Update: Bitcoin Crosses the 60k-Dollar Mark, Ethereum Surpasses the 2.5k Threshold

After a rough start to the week, the crypto market finally found its footing on Tuesday. The day saw Bitcoin, Ethereum, and other top cryptos recovering some of their lost value.

While BTC and ETH saw a gain of about 2.5%, TON managed to gain 6.47% value on Tuesday. Names like Neiro Ethereum and BlackCardCoin were also a part of the quick market shift.

Here's a look at the daily crypto update with the latest market info to help traders navigate through the market.

Bitcoin

In the past 24 hours, Bitcoin has registered a growth of 2.59%. The crypto has crossed the 60k-dollar mark and is trading at 60,865 dollars.

Its weekly growth shows a 7.08% surge after massive market updates. Recently, Goldman Sachs shocked the market by disclosing 428 million dollars in Bitcoin ETFs. The news was enough to help BTC break through the ongoing market slump.

As of now, it is anticipated that the crypto will remain at a value of $60,000 for at least one week.

Ethereum

Ethereum is following Bitcoin's footsteps closely, gaining 2.46% value in the past 24 hours. For the first time in the week, it has surpassed the 2,500-dollar threshold.

The above is the detailed content of Crypto Market Update: Bitcoin Crosses the 60k-Dollar Mark, Ethereum Surpasses the 2.5k Threshold. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
1 months ago By 尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
1 months ago By 尊渡假赌尊渡假赌尊渡假赌
Will R.E.P.O. Have Crossplay?
1 months ago By 尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Glauber Contessoto Predicts Parabolic Rise for Ethereum ETH/USD, Targeting $15,000 This Cycle Glauber Contessoto Predicts Parabolic Rise for Ethereum ETH/USD, Targeting $15,000 This Cycle Nov 20, 2024 am 10:08 AM

Glauber Contessoto, also known as "Dogecoin millionaire," expressed bullish sentiments on Ethereum ETH/USD, predicting a parabolic rise for the second-largest cryptocurrency.

Bitcoin (BTC) Poised for a 90% Rally as Puell Multiple Flashes Golden Cross Bitcoin (BTC) Poised for a 90% Rally as Puell Multiple Flashes Golden Cross Nov 20, 2024 am 10:28 AM

Onchain data analytical platform CryptoQuant has flagged a key Bitcoin (BTC) metric that suggests a potential 90% rally for the leading cryptocurrency.

Bitcoin (BTC) Exchange Reserves Drop to November 2018 Lows, Raising Liquidity Concerns Bitcoin (BTC) Exchange Reserves Drop to November 2018 Lows, Raising Liquidity Concerns Nov 17, 2024 am 09:58 AM

Bitcoin's (BTC) exchange reserves have dropped to their lowest level since November 2018, reflecting a significant shift in market dynamics.

Bitcoin (BTC) Set to Outperform Gold (XAU) Even Without US Government Backing, Says Luke Gromen Bitcoin (BTC) Set to Outperform Gold (XAU) Even Without US Government Backing, Says Luke Gromen Nov 20, 2024 am 03:20 AM

Veteran macro investor Luke Gromen believes Bitcoin (BTC) is set to outperform gold even without the backing of the US government.

Bitcoin Surpasses $90,000, Shiba Inu Momentum Stalls, Solana Surges Bitcoin Surpasses $90,000, Shiba Inu Momentum Stalls, Solana Surges Nov 20, 2024 am 11:21 AM

In addition to surpassing earlier highs, Bitcoin has reached a critical price level of $92,000, which has strengthened its position in the current bullish cycle.

Solidion Technology Follows MicroStrategy's Playbook, Allocates Bitcoin to Corporate Treasury Solidion Technology Follows MicroStrategy's Playbook, Allocates Bitcoin to Corporate Treasury Nov 17, 2024 am 03:58 AM

Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury.

Bitcoin's Journey to $1M Relies on Scarcity, Adoption, and Market Dynamics, Not Magic Bitcoin's Journey to $1M Relies on Scarcity, Adoption, and Market Dynamics, Not Magic Nov 19, 2024 pm 09:36 PM

Bitcoin ETF inflows and treasury adoption push institutional confidence and price growth. Reaching 3% of global wealth could propel Bitcoin's market cap to $20 trillion.

Could Bitcoin (BTC) Price Hit $100k This Month? Here's What the Charts Say Could Bitcoin (BTC) Price Hit $100k This Month? Here's What the Charts Say Nov 19, 2024 am 09:34 AM

As Bitcoin continues its upward trajectory, analysts are increasingly discussing the possibility of it reaching $100k in November.