The Traderszone Network

Published in TZ Latest News 6 September, 2021 by The TZ Newswire Staff

Bitcoin and Ethereum prices are soaring. Why is that?

Two of the world’s largest cryptocurrencies, Bitcoin and Ethereum, have hit a high since May 2021. But given the crypto’s history of volatility, what does this mean for investors? Read on to find out.

What has been happening with Bitcoin and Ethereum prices?

According to CoinDesk data, Bitcoin’s price was at more than $50,000 on 4th September, a 20% increase from a month ago. On the other hand, Ethereum has been trading at more than $3,900 during the same period — a 40% increase.

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