Cryptocurrency market continued its bull run surpassing $1.5 Trillion in market cap as per coinmarketcap records.
Leader of the cryptocurrency market, BTC hits its new all-time-high for the fifth time within this week. After touching $52k, Bitcoin marked $52,533 as its another high.
Lately, several factors including institutions’ count on bitcoin followed by the recent big purchase of $1.5B from the Automaker Tesla are affecting BTC price and pushing it up.
The Second largest cryptocurrency by market cap, Ether also made its new high by gaining to 1.9K and marked $1,926 as all-time-high according to coinmarketcap data.
It's not only Bitcoin attracting institutional funds but Ethereum is too, getting attention of some big financial firms and succeeding to getting up following the growth of BTC.