• Thu. Nov 28th, 2024

BTC and ETH Surge To New 2023 Highs After Rallying

Dec 4, 2023

Leading crypto markets rallied into new 2023 highs, with ETH trading above $2,250 and BTC exceeding $41,500 for the first time in 19 months.

The markets broke into new year-to-date highs on Dec. 2 before accelerating on Dec. 3. Both ETH and BTC increased more than 4% in the past 24 hours, more than 10% for the past week, and 34% and 50% respectively since the start of October.

BTC is trading at its highest level since April 2022, while ETH reclaimed price structure not seen since May 2022. An additional 63% surge would put BTC at new all-time price highs, while Ether needs to rally 115% to break its previous record high.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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[Source: TheDefiant]

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