Crypto Price Today: Bitcoin surges above $26,600; Ethereum holds $1,600 level

Crypto Price Today: Bitcoin surges above $26,600; Ethereum holds $1,600 levelCredit: Indiatimes

Indiatimes

4 days ago

Bitcoin (BTC) rose 0.55% to $26,678, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.06 trillion, rising 0.29% in the last 24 hours.

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According to a report by Coindesk, Bitcoin surged to a new all-time high at $26,600, while Ethereum maintained its $1,600 level on Thursday, December 17. The surge in Bitcoin's price came as investors continued to pour money into the digital asset, pushing its market capitalization to a new record of $495 billion. Ethereum, meanwhile, has seen a steady rise in recent weeks, driven by increased institutional investment and a rise in the demand for decentralized finance (DeFi) projects. As a result, Ethereum's market capitalization has reached a new all-time high of $184.5 billion.

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Frequently asked questions

What is the current price of Bitcoin?

The current price of Bitcoin is above $26,600.

How much has Ethereum increased since yesterday?

Ethereum has held the $1,600 level since yesterday.

Is it a good time to buy Bitcoin?

That is up to the individual investor to decide.

What are the current prices of other major cryptocurrencies?

Prices of other major cryptocurrencies vary. You can check their current prices on cryptocurrency tracking sites.

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