Bitcoin (BTC) opened a new week without being able to overcome the barrier of USD 60K, while Ethereum (ETH) reached a new all-time high. The leading crypto currency hit highs near $ 59,000 over the weekend, but as of press time, its price is $ 57,455. For its part, the price of ETH revolves around USD 4100.
Despite the lack of a rally, BTC has managed to hold its own amid the gap between $ 50,000 and $ 60,000. The crypto currency continues to receive good signals from around the world and, according to analysts, it could see a new rally in the coming days.
The news of the day for BTC comes from Switzerland, where the multinational investment bank UBS Group AG, announced that it intends to launch new crypto services for its investors. As with multiple US banks, strong customer demand has prompted him to adopt new tools.
ETH, for its part, does not stop growing. The second largest crypto currency on the market reached a new all-time high today, when it traded above USD 4,210, becoming an undisputed protagonist in recent weeks, and accumulating an annual growth of more than 300%.
This rise in ETH has been evidenced by the fall in the dominance of BTC in the Market Cap, which hit annual lows close to 43%. ETH capitalized on that decline over the past week, when it was up 30%.
Another of the altcoins that moved the most over the weekend was Dogecoin (DOGE). The crypto currency meme grew to $ 0.78 on Saturday night after Elon Musk appeared on Saturday Night Live (SNL). Immediately, profit-taking drove the coin almost 50% down. DOGE is currently trading at $ 0.50.
Bitcoin Cash (BCH) and Litecoin (LTC) grew 7%, reaching $ 1,422 and $ 386, respectively. XRP, meanwhile, was up 1% and $ 1.52.
On the other hand, the day’s declines corresponded to Binance Coin (BNB), Cardano (ADA) and Polkadot (DOT), which were down approximately 2% and trade at USD 656, USD 1.72 and USD 49.63 respectively.