Tuesday, 11 May 2021 07:46 AM MYT
Ethereum, the second-largest coin by market capitalisation, hit an all-time high of US$4,200 and was last up around 5.2 per cent at US$4,133.40. “ got a lot more institutional involvement than people who haven’t followed the market believe,” said Chris Weston, head of research at brokerage Pepperstone.
Blockchain data provider Glassnode, in a research report yesterday, said there are indications that a portion of bitcoin capital is rotating toward ethereum and dogecoin.
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