El Salvador Buys The Dip As Ethereum, Bitcoin Hit Lower Highs; SEC Sends Warning – Investing.com
- Date: 13-Sep-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
El Salvador Buys The Dip As Ethereum, Bitcoin Hit Lower Highs; SEC Sends Warning – Investing.com
This article was written exclusively for Investing.com.
On Friday, Sept. 3, it looked like the two leading cryptocurrencies that hold over 60% of the asset class’s market cap, and , were heading for new record highs. Ethereum rose to over the $4000 level on Sept. 3. During the long Labor Day holiday weekend that followed, Bitcoin soared to near $53,000 per token.
Bitcoin’s record peak occurred on Apr. 14, 2021, the day of the Coinbase Global (NASDAQ:) IPO on the NASDAQ. The leading crypto reached $65,520 in the futures market and nearly $64,800 in the over-the-counter market. Ethereum’s high came on May 12 when the OTC value reached just over $4,370, and nearby futures traded to a peak of $4,406.50 per token.
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