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.
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#undefined [Source: TheDefiant]