Bitcoin Jumps 11% in the Week, Ethereum Continues Green Streak
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- 27 Jan 2023
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January has been a break-out month for Bitcoin and Ethereum amid a biting crypto winter that has seen layoffs and bankruptcy filings.
After a minor correction that sent Bitcoin (BTC) from just above $23,000 to about $22,400 on Wednesday, the leading cryptocurrency has rebounded to hit a January high of $23,501 later the same day before dropping to the current price of $22,974.
This is still an increase of 1.7% in the day and more than 11% over the past week, according to CoinGecko.
The latest price action also means that Bitcoin has gained an impressive 36% in the last 30 days, with yesterday’s peak taking the world’s largest cryptocurrency to a height not seen since mid-August last year.
Ethereum (ETH) followed a similar trend, taking a slight dip before surpassing the $1,600 level first conquered last weekend. Read More…
