BTC, ETH reach almost annual highs because market capitalization catches $ 1.3 trillion (Market Watch)

BTC, ETH reach almost annual highs because market capitalization catches $ 1.3 trillion (Market Watch)
Bitcoin has initiated another upward movement in the last 24 hours, which led to the first time since the beginning of June 2022.
ETH has also been on the advance since the Shapella upgrade, and the asset today recorded an 11-month high.
at over $ 2,100Bitcoin has reached $ 21,000
The start of the week was quite uneventful for Bitcoin, which had continued his weekend stagnation and was mainly around $ 28,000. However, when Monday ended its end, there was also a lack of movement in Btc.
The cryptocurrency shot up, first to $ 29,000 and then for the first time in ten months and over $ 30,000. Then came the CPI numbers for March, which were lower than in the two previous months. BTC sent this up again by $ 500.
Nevertheless, the asset lost all profits hours later and returned to around $ 30,000. The bulls have accelerated in the last 24 hours and pushed the cryptocurrency north again. This time Bitcoin rose to over $ 31,000 and thus marked another ten-month high.
its market capitalization has approached almost $ 600 billion, but its dominance over the old coins has suffered a blow, mainly due to ETH's profits, and has decreased to 46.4 %.
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ETH at $ 2.1,000
Apart from the CPI numbers, the focus of the crypto community was on the long-awaited Shapella upgrade on Wednesday. Despite some speculation that ETH could send it to the south due to the large quantities of unlocked tokens, the asset has actually been breaking since its completion. ETH rose by over $ 200 in two days and used to record an 11-month high of over $ 2,100.Dogecoin and Cardano are the other two massive winners of the large cap alternatives. Doge has risen by 7 %, which led to speculation that it could tap into $ 0.1 after Musk's actions on Twitter. Ada's daily increase is similar and exceeded $ 0.4.
More profits come from people such as uniswap, chainlinkatom, apt, LDO and Arb - which have exploded by over 20 %.
Overall, the crypto market capitalization has increased a little more than $ 40 billion in one day and is almost $ 1.3 trillion at CMC.
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