Wednesday, December 8, 2021

Bitcoin and Ethereum rise after massive upgrade – follow live

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Bitcoin’s price skyrocketed earlier in the week after a major upgrade to its network.

The cryptocurrency soared from under $ 63,000 to over $ 66,000 over the weekend, hitting the all-time high it saw last week of nearly $ 69,000.

Ethereum (Ether) also soared Monday morning, returning above $ 4,700 after a mini-flash crash ended its record-breaking price rally last week.

Of the top 10 leading cryptocurrencies by market capitalization, only Dogecoin suffered losses in the past 24 hours, but only by less than 1 percent.

Bitcoin’s price appears to have been boosted by the introduction of the long-awaited Taproot update, which improves both the privacy and security of BTC, while the SEC apparently rejected a spot Bitcoin ETF on Sunday did little to harm Bitcoin’s price outlook.

Here you can follow all the latest news, analysis and price predictions from experts.

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