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I went up Bitcointhe largest cryptocurrency by market capitalization, increased by more than seven percent to $20,796, the highest level in two weeks.
Coin also rose etherwhich is the second largest cryptocurrency, five percent also recorded a two-week high at $ 1717.
Bitcoin was down on Wednesday to $18,540.
Market participants said there was no particular driver behind the gains other than Friday’s apparent optimism, driven by a drop in the safe-haven dollar, and a rebound in Chinese stocks.
Volatility may increase ether In the next couple of days due to a planned software update known as "merge"It is scheduled to take place sometime between September 10-20.
This update will fundamentally change how transactions are handled and is supposed to reduce power consumption. Some exchanges plan to pause deposits and withdrawals during the update.
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I went up Bitcointhe largest cryptocurrency by market capitalization, increased by more than seven percent to $20,796, the highest level in two weeks.
Coin also rose etherwhich is the second largest cryptocurrency, five percent also recorded a two-week high at $ 1717.
Bitcoin was down on Wednesday to $18,540.
Market participants said there was no particular driver behind the gains other than Friday’s apparent optimism, driven by a drop in the safe-haven dollar, and a rebound in Chinese stocks.
Volatility may increase ether In the next couple of days due to a planned software update known as “the consolidation”, it is scheduled to take place sometime between September 10-20.
This update will fundamentally change how transactions are handled and is supposed to reduce power consumption. Some exchanges plan to pause deposits and withdrawals during the update.