Bitcoin, Ethereum, and Ripple are the largest known cryptocurrencies in the cryptocurrency industry, and they reached all-time high prices in past years. And now Bitcoin renewed its all-time high price, again.
Recently, Bitcoin, which crossed the $ 19,000, has increased and reached a new record level after 2017. Bitcoin is the popular cryptocurrency, which gained more than %392 value towards the end of 2020 and reached the new highest value of all times on 17th December 2020. The new highest price of Bitcoin is $ 23,636 in Narkasa Exchange. Bitcoin leads the cryptocurrency industry and tries to exceed the band of $ 20.000. The future of the market predicts that it will run over that measure. With these improvements, the volume of bitcoin expand, and Bitcoin leads the cryptocurrency market.
Other leading cryptocurrencies as Ripple and Ethereum gained value at the same time.
‘Ethereum’ gained more than % 363 value in this year. The highest price of Ethereum is still $ 1391,74. It explains that the increase in ETH that the sector is healthy. The recent significant increase shows that people pay more attention to Ethereum. The Ethereum 2.0 update may occurs the new changes. The update aims to increase the speed, efficiency, and scalability of the Ethereum network. So, it will be easy and speed to process more transactions.
When Bitcoin surpassed its all-time highs, altcoins mostly reached their all-time highs within two months. Accordingly, the value of Ripple rose more than % 181 this year, and also, the highest price of Ripple is $ 2,7704 in past experiences. Now, This ATH in Bitcoin causes the expectation about altcoins for users. Additionally, Spark can affect the value of XRP in the next times. Although it does not announce clearly, many people wait to buy and sell Spark coin, which is an altcoin of Ripple.
To sum up, all these improvements, Looking at the figure given above, the market value of Bitcoin has increased significantly. This situation represents that the highest value is in Bitcoin among all cryptocurrencies. However, Ethereum and Ripple have still continued to remain in the big game.
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