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Home Ethereum

Crypto market hits record high as bitcoin, Ethereum and Solana surge

by Crypto News
November 3, 2021
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Crypto market hits record high as bitcoin, Ethereum and Solana surge
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The crypto market has hit a report excessive after Ethereum and several other different main cryptocurrencies reached all-time highs on Wednesday.

The general market is now price greater than $2.75 trillion, in line with CoinMarketCap’s value index, making it extra invaluable than the world’s richest corporations.

Follow The Independent’s live coverage of the crypto market

Ethereum’s record-breaking rally noticed it attain above $4,600 for the primary time in its historical past, with a market cap approaching $550 billion.

This places it above JPMorgan Chase, the world’s largest financial institution by market cap, in addition to funds giants like Visa, Mastercard and PayPal.

Bitcoin didn’t see a report value excessive however rose greater than 3 per cent over the past 24 hours and is at present buying and selling above $63,000 – lower than $4,000 away from the all-time excessive it reached in October.

A number of main crypto analysts predicting a robust finish to 2021, with one popular price prediction model placing bitcoin on observe to hit six figures earlier than the top of the 12 months.

Extra to observe.



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