Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tamsialu$$ on September 11, 2022, 03:20:52 PM
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The new British government sounds bullish on crypto, while discussions in Washington about regulation are intensifying.After dipping below $19,000 at the start of the week, Bitcoin then enjoyed a steady 7.3% recovery over the last seven days and trades for $21,236 at the time of writing, according to CoinMarketCap.
Ethereum, the second-largest cryptocurrency by market cap, rallied harder just days before the Ethereum merge event to proof of stake. It shot up 10.9% over the week and is currently worth $1,726.
Several so-called “Ethereum killers," aka layer-1 blockchains with high-functionality smart contracts, enjoyed notable rallies too: Cardano (ADA) blew up 9.4% to hit 51 cents, Solana (SOL) grew 11.4% and trades for $35, Avalanche (avax) rose 8% to $20.35, and NEAR Protocol surged 13% to $4.71.more (https://decrypt.co/109419/this-week-in-coins-bitcoin-and-ethereum-rebound-luna-moons)