Bitcoin hit an all-time excessive of $67,673.74 on Monday, according to CoinMarketCap. That is only a few weeks after it hit a earlier high of nearly $67,000 earlier than sliding as much as 12%.
In the meantime, Ethereum additionally hit a document — rising to $4,822.36, according to CoinMarketCap.
The market has been fairly bullish on Bitcoin. Regardless of greater than 13,000 cryptocurrencies listed on CoinMarketCap, Bitcoin stays the dominant digital foreign money.
Some traders have predicted even greater beneficial properties for Bitcoin, regardless of continued criticism of the cryptocurrency by JPMorgan Chase (JPM)CEO Jamie Dimon, who has called the coin “worthless.”
ProShares Bitcoin Strategy ETF, which started buying and selling late final month, was up 10.95% on Monday.
– CNN Enterprise’ Paul R. La Monica contributed to this report
