Bitcoin hits highest level since 12th May, Ethereum struggles around $4,000 By Investing.com – Investing.com UK

Bitcoin hits highest level since 12th May, Ethereum struggles around $4,000 By Investing.com – Investing.com UK

By Samuel Indyk

Investing.com – Major cryptocurrencies were mixed on Monday with Bitcoin breaking to cycle highs and Ethereum remaining subdued under $4,000.

Late on Sunday, broke above $51,100, which was the 61.8% Fibonacci level from the April high to July low, to move above $52,000 to its highest level since 12th May.