Although cryptocurrencies made a calm start to the second week of April, there is an upward movement in the market as of now.
Fluctuating between $28,500-$28,200 since the morning hours, Bitcoin rose above the $29,000 level after the purchases in the last half hour.
There are no developments that could cause the sudden rise of the leading cryptocurrency. According to Coinglass data, the BTC futures market is in balance.
Ethereum Exceeds $1,900!
The sudden rise seen in the crypto market has also positively affected Ethereum. ETH, the native coin of the largest smart contract ecosystem, has now surpassed $1,900.
Unlike Bitcoin, the rise in Ethereum price may be related to the Shanghai update, which will be released on April 12.