Ethereum Spikes 5% to 6-Day High, Bitcoin Eyes $22K (Market Watch)
Bitcoin EthereumEthereum Spikes 5% to 6-Day High, Bitcoin Eyes $22K (Market Watch)08 / 25 / 2022Balita ng Ethereum ng Bitcoin Following several days of sideways trading, bitcoin finally took a small step forwards and challenged the $22,000 mark. Most altcoins are well in the green today, led by gains from Ethereum and Ethereum Classic. The former is up by 5% to a 6-day high, while the latter has soared by double digits. Can Bitcoin Take Down $22K? Ever since last weeks price tumble, which drove bitcoin from a multi-month peak of $25,200 to a multi-week low of under $21,000, the cryptocurrency has been struggling. It calmed around $21,000 and stood there for days aside from a few brief pumps and dumps. The situation finally seemed to start changing hours ago when BTC initiated a leg up and neared $22,000. However, it was stopped just before reaching that line. As of now, it stands inches away from it, while the bulls hope to make a run later. As such, its market cap has added a few billions in a day and stands at $415B now. Its dominance over the altcoins, though, has taken a hit and is down below 40% once more. BTCUSD. Pinagmulan: TradingViewETH and ETC Lead the