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Bitcoin Hits $60,000, Ethereum Reaches $2,000 on the Same Day

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Fri, 04/02/2021 - 08:13
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Yuri Molchan
Today the two biggest currencies, Bitcoin and Ethereum, have come close to surpassing their previous all-time highs hit earlier this year
Bitcoin Hits $60,000, Ethereum Reaches $2,000 on the Same Day
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Earlier today, on April 2, Bitcoin and Ether have both managed to surpass the price milestones they had reached earlier this year.

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Image via TradingView

BTC hitting $60,000 and ETH reaching $2,000 on the same day

BTC briefly went above $60,000 and Ethereum surpassed $2,000, almost outperforming its previous all-time high of $2,036, reached on Feb. 20.

Both cryptocurrencies have been on the rise this week. As reported by U.Today on Thursday, Ethereum has been demonstrating consecutive green candles since Monday, rising by more than 20 percent.

Bitcoin has been climbing up from the $50,200 area since March 25.

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Image via TradingView

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Bitcoin Rally May Increase Interest in Digital Yuan, Chinese Central Bank Says, Here’s Why

Major factor in driving BTC and ETH up

An increase in interest from financial institutions, including Goldman Sachs and Morgan Stanley announcing plans to offer Bitcoin investments to its customers earlier this week, as well as Visa beginning to settle USDC payments on Ethereum, are among the factors that have driven BTC and ETH up.

At press time, Bitcoin is changing hands at $59,541 on Kraken. Ethereum is sitting at $1,997 on Binance.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.