FILE PHOTO: A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration
November 9, 2021
SYDNEY (Reuters) – Bitcoin and ether made record peaks in the Asia session on Tuesday as enthusiasm for cryptocurrency adoption and fears about inflation leant support to the asset class.
Bitcoin rose as far as $67,700 and ether, the second-biggest cryptocurrency by market value, hit $4,800. Both have more than doubled since June and added nearly 70% against the dollar since the start of October.
The moves helped lift the total market capitalisation of cryptocurrencies above $3 trillion, according to crypto price and data aggregator CoinGecko.
(Reporting by Tom Westbrook, Editing by Rosalba O’Brien)
Source: One America News Network
