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Bitcoin and Ethereum Sustain Gains, Terra Classic (LUNC) Spikes 50%
Recovering from the brutal crash endured by the crypto market last week, its two biggest players, Bitcoin (BTC) and Ethereum (ETH), are leading the market with sizable price recoveries.
Over the last week, the price of Bitcoin has shot up by more than 11%, hitting an interday high of $21,480 after dropping as low as $18k. Bitcoin now trades at $20,900 at the time of writing, losing 2% of its gains over the last 24 hours.
The 7 day price chart for Bitcoin (BTC). Source: CoinMarketCap
Ethereum has showed an even more impressive recovery than Bitcoin, gaining almost 20% over the same period. The price boost helped ETH hit a high of $1,272, up from a weekly low of $1,040. ETH now trades at $1,200 at the time of writing, though it shed 3% over the last 24 hours.
The 7 day price chart for Ethereum (ETH). Source: CoinMarketCap
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