After Bitcoin (BTC) exceeded $ 30,000 and Ethereum (ETH) $ 2 thousand, the bull run began in cryptocurrencies.
With BTC rising hand in hand with ETH, cryptocurrencies got into the “party mood”. Reaching $30,000 after 10 months, BTC started to bring altcoins with it after its rise. ETH, the pioneer of altcoins, saw approximately $ 2,117 during the day. The fact that ETH achieved such a rise in a short period of time paved the way for altcoins and brought voluminous rises. The crypto money market, which is currently advancing in the form of “bull”, seems to have managed to make its investors smile.
Ethereum (ETH) Exceeding $2,000 Reflected on Altcoins!
The main name of altcoins, which has carried out the Shapella update in the past hours, has achieved sharp rises with the enthusiasm it has captured. Heading towards the price of $2,120, ETH backed the altcoin market, paving the way for strong increases in many coins. Altcoins, which have been silent for a while, were actually crushed by the dominance of BTC. The waning of this dominance and the fact that ETH exceeded $ 2,000, one of its net resistances, created a completely “party atmosphere” in cryptocurrencies.
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