The cryptocurrency market is approaching another turning point on March 8 – Bitcoin has already touched the $70 thousand mark, and Ethereum is approaching $4 thousand. This is evidenced by data on exchanges and aggregators.
► Subscribe to the Telegram channel of the Ministry of Finance: main financial news
By the time of writing the news, the price BTC on the Gate.io exchange is $66 thousand. However, the chart shows how the price touched $70 thousand before falling.
Five-minute Bitcoin trading chart/Source: TradingView
For Bitcoin, the $70 thousand mark is not only a psychological barrier, but also a new historical record for the entire trading period. On the CoinMarketCap website it has already been updated and is $70,083.05.
A similar situation is observed on the Ethereum chart. The second-largest cryptocurrency by capitalization is still far from breaking the historical record, which was recorded two years ago at $4,891, but ETH is very close to the $4,000 mark.
Ethereum five-minute trading chart/Source: TradingView
- Bitcoin Cryptocurrency