Ethereum Price Rallies and Bitcoin's Tight Range Indicates Big Move Ahead

Photo: Bitcoin.com

(Bitcoin.com) - Crypto supporters are pleased on Wednesday as digital currency markets are climbing again and a great number of assets have seen significant gains.

The leading cryptocurrency, in terms of market valuation, bitcoin is up 5.5% today and is currently trading just below $37,000 per unit.

On Wednesday morning’s trading sessions, Bitcoin jumped to $37,161 across a number of global exchanges but slid a hair since then. With the entire crypto-economy valued at $1.07 trillion, Bitcoin captures $682 billion (62%) of that aggregate total.

Overall, Bitcoin is up 20% for the week, 14% during the last 30 days, 134% for the 90-day span, and 297% for the year.

Behind Bitcoin is Ethereum, which has seen significant gains during the last 48 hours. Ethereum is exchanging hands for $1,604 per unit and is up over 9% today. 

Ethereum stats are better than bitcoin’s climbing 25% for the week, 49% for the month, 273% during the last 90 days, and 724% for the year.

Read more from the original article here.

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