Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the Market

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Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the Market
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The cryptocurrency market cap is currently just over $2.13 trillion, up nearly 7% yesterday, as the market turned a sea of green on heavy buying

Crypto-currency exchange, Coinbase broke above a multi-month high and ended the session 16.9% higher at a fraction under $194.Microstrategy a software and cloud-computing company, now holds 193,000 bitcoin on its books after purchasing an additional 3,000 BTC recently for $155 million. Overall, MSTRs holds 193k BTC at an average price of $31,544, compared a spot BTC price just under $56.5k. Microstrategy rallied by nearly 16% on Monday.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

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