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BTC: new records for BTC and ETH

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Bitcoin: new records

On a historic day that saw the listing of the first exchange, Coinbase, on the Nasdaq financial market, the cryptocurrency sector recorded new absolute records, with BTC reaching $64,500 for the first time. 

coin360 20210414
Source: COIN360.com

ETH is doing even better, reaching $2,400 for the first time in its history, up more than 50% from its March lows and gaining more than 220% since the start of the year. 

The day of celebrations saw Ripple (XRP) touch the $2 mark for the first time in over three years.

DOGE 20210414

Dogecoin (DOGE) also celebrated, gaining 70% and flying for the first time to 14 cents, a record that when added to the performance of recent months records a gain of 2800% since the beginning of the year. 

Chainlink (LINK) also had a record-breaking day with a daily leap of 8%, breaking through the $38 mark for the first time.

The market cap advanced by leaps and bounds, rising above $2.22 trillion. Although BTC is moving below 54% dominance, BTC’s market cap reaches $1.2 trillion for the first time. 

In these hours the total altcoin capitalization (excluding BTC from the calculation) exceeds $1 trillion for the first time, precisely twice the highs of January 2018.

DeFiPulse 20210414

DeFi’s TVL climbs above $56 billion, with Compound pushing to $11.2 billion in value locked on its protocol.

BTC 20210414
BTC chart by Tradingview

BTC, new records 

BTC travels to new all-time highs for the second day in a row, giving confirmation, a few days behind ETH, of the start of the new quarterly cycle. Since the lows of late January, BTC has gained over 120%. At the same level, the bullish trendline that joins the rising lows and accompanies the rise for about three months becomes the only level to observe and take as a reference, a level that passes just above $58,000. 

Ethereum chart by Tradingview https://it.tradingview.com/symbols/ETHUSD/
ETH chart by Tradingview

ETH, another all-time high 

ETH, after having violated the previous highs above $2,230 last weekend, is heading towards its next target at $2,630. The recent movement of ETH confirms the hypotheses developed in previous weeks, moving further and further away from the critical threshold of $1,900, the first warning level in case of reversal of the trend. 

 

The post BTC: new records for BTC and ETH appeared first on The Cryptonomist.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
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